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Anyone holding Tellurian?

Posted on 12/12/22 at 9:08 pm
Posted by lesserof2weevils
In my own mind
Member since Oct 2011
775 posts
Posted on 12/12/22 at 9:08 pm
Thoughts? Is it just a matter of time?
Posted by TDFreak
Dodge Charger Aficionado
Member since Dec 2009
7372 posts
Posted on 12/13/22 at 7:05 am to
A matter of time before they file another secondary offering? Yeah probably.

Personally I think the energy sector has been played out.

And TELL has negative earnings. If you’re wanting to get in O&G, go with an O&G paying a dividend at least. CPG is on the positive for the last 4 quarters, 4% yield and their ex-dividend is tomorrow (12/14).
Posted by lesserof2weevils
In my own mind
Member since Oct 2011
775 posts
Posted on 12/13/22 at 10:29 am to
Unfortunately I’m already in. Trying to decide whether to ride it out or take what little I have left and run.
Posted by SulphursFinest
Lafayette
Member since Jan 2015
8740 posts
Posted on 12/13/22 at 11:39 am to
I’m riding it out but Souki has been a shitty leader.

No clear path to financing. I got in low so I’m holding 1000 shares. Sold the other 5000 on the huge dip.
Posted by roadkill
East Coast, FL
Member since Oct 2008
1842 posts
Posted on 12/13/22 at 12:34 pm to
I bought it as a long-term long shot and will hold it for the duration - TELL has a decent revenue stream and with the LNG situation in Europe, at worst they are a buyout target w/a share premium and at best they could/should be worth 3x - 5x today's share price.
Posted by TenLittleIndians
The Oaks
Member since Feb 2020
102 posts
Posted on 12/14/22 at 10:43 am to
Still holding 25k shares at an average price of ~$2. Still believe Souki can get it done.
Posted by Lightning
Texas
Member since May 2014
2300 posts
Posted on 12/19/22 at 1:44 pm to
25% share price drop today. I know the market is red all over the place but this seems extreme.
Posted by Pierre
Baton Rouge
Member since Nov 2005
5284 posts
Posted on 12/19/22 at 1:45 pm to
I didn’t see any news on tell wondering why down 25%?
Posted by Triple Bogey
19th Green
Member since May 2017
5986 posts
Posted on 12/19/22 at 3:35 pm to
quote:

I didn’t see any news on tell wondering why down 25%?


Nat gas is down almost 12%. I'm sure it has something to do with that.
Posted by TrouserTrout
Member since Nov 2017
6425 posts
Posted on 12/19/22 at 3:55 pm to
Buy some more
Posted by caill430
Da Dirty Dell
Member since Jul 2005
1103 posts
Posted on 12/19/22 at 5:43 pm to
Buy some more=Ancient Tiger
Posted by Auburn1968
NYC
Member since Mar 2019
19543 posts
Posted on 12/20/22 at 10:12 am to
America has the world's greatest CH4 resources. While our eco-fools are pushing all electric with pipe-dreams of it coming from wind, solar and unicorn farts, Europe just declared natural gas "green." It is the lowest carbon fuel next to pure hydrogen.

Not that I give a crap about Chicken Little's climate sims. I'll take real history any day and real history says that life thrives in warm and dies in cold.

Posted by GeneralLee
Member since Aug 2004
13104 posts
Posted on 12/20/22 at 10:40 am to
it's going to zero eventually. Was a good stock to flip but if Souki couldn't get financing over the past year when oil was >$100 and NG went above $8, he's not gonna get it now with prices much lower and the shock of the Ukraine war wearing off.
Posted by caill430
Da Dirty Dell
Member since Jul 2005
1103 posts
Posted on 1/30/23 at 8:02 pm to
Is driftwood dead? I saw a couple of projections that they start moving up? I’ve been trying not to watch
Posted by LCtiger3
Member since Sep 2017
222 posts
Posted on 1/31/23 at 7:11 am to
I’ve been holding on this also. Hard not to when I see work happening out there..
Posted by Pierre
Baton Rouge
Member since Nov 2005
5284 posts
Posted on 3/3/23 at 1:00 pm to
So Souki sold 25 million in shares? I thought the stock would have tanked. What gives?

Souki stock sell
Posted by Pierre
Baton Rouge
Member since Nov 2005
5284 posts
Posted on 3/4/23 at 9:02 am to
Damn I am I the only one still holding this bag?
Posted by jerryc436
Franklin
Member since Jan 2014
519 posts
Posted on 3/4/23 at 10:57 am to
You are not alone. I am a bag holder.
Posted by Auburn1968
NYC
Member since Mar 2019
19543 posts
Posted on 3/4/23 at 11:31 am to
I'm holding a little position. CH4 is far greener than electric heat and cooking until all of the electric is generated by nuclear with a bit of ugly wind mills and solar thrown in.

It makes no sense to burn natural gas, oil, and coal to make electricity to heat homes, hot water and stoves. Horribly inefficient waste.

I have a two family rental property in NYC that is all gas. In the dead of winter, gas costs an average of around $300 a month for 3,600 sq. ft. toasty warm.

My wife's old friend has a one bedroom condo with electric heat. It's about 650 sq. ft. and costs around $500 to heat and not toasty warm.

Posted by Crescent Connection
Lafayette/Nola
Member since Jun 2008
2024 posts
Posted on 3/16/23 at 1:23 pm to
Update? Do we scratch $2-3 this year?
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