Callon Petroleum Company CPE

I’m feeling a little sad, this is the last day we’re going to see these penny flippers.

I’m going to miss them a little but we’re not good for each other so it’s time to go our separate ways! ;D

I don’t think it’s going to get much cheaper. Goddamn it Adam Murphy hurry up and bring this bitch down to $0.40 like you’ve been saying for a month! It’s flip time and daddy needs his brand new Cadillac!

I went ahead and bought a little more at $1.07

I kind of want to buy some more and even out right here, just not sure if it’s going to drop any lower. I’m trying to shop for that blue light special LOL!

Yeah people are too worried about the small things and not seeing the bigger picture.

Chesapeake energy was trading for $0.17 a share then did a 1 to 200 on a reverse split to $34 and on June 8 when we had that big run on oil they were trading for $70 lmao!!! 8 billion loss and bankrupt!!!

If that turd in the oil punch bowl can do that just imagine how big of a run up CPE can do even with reduced shares. Hold on to them golden ticket’s boys!

It didn’t again whatever you guys know what I’m saying LOL

Yeah I agree ramp, my only concern is CP actually being able to make it $100 per share, but I’ve been holding for this long and I’m pretty patient. When I bought those shares it was money that I didn’t need at that time and I’m back at work now so there shouldn’t be any need for me to pull out when I know it’s just a matter of time before rockets up one to 10 split or not.

Sorry that was a typo in my previous post I meant just speak energy lost 8 billion in the first quarter. I like using voice text but this app doesn’t like it so much.

Even though reverse splits or normally a bad thing (Chesapeake energy 1-200 reverse split in April 2020) for example that lost 1 billion in the first quarter. The reasons CPE is doing it is very smart and I don’t believe is out of desperation, they have been doing well during unprecedented times. I just hope it works and they get these big investors that don’t want to buy anything under five dollars.

I’m not gonna lie I kind of hope it dips down a little bit today from the last minute panicking I would really like to buy some more shares at a bargain price to even out before the split happens.

It’s my day off work today, so I’ll be here to annoy you guys all day long lol

Take a look at the chart and what Went on in the time line of the pandemic, what they were worth compared to there peers. This is the worst earnings report you’re going to see this company have and it’s going to be all uphill from here. The one to 10 split will reduce the percentage of profits, however it will ensure stability for investors with higher capital. The volatility commodities like this has been crazy and this will stabilize the stock.

For a day trader it sucks but for a long-term investor is what we’ve been hoping for

People where way too optimistic today and that’s what I kept warning against, even though no one wanted to listen to me. Being pumped up just to be let down, It’s kind of sad because I’m sure a lot of people lost money today but as cold hearted as it sounds that was stupid money & I’m glad to see them leave to a certain point because it will stabilize the market.

A lot of bulls on here & myself included have been saying how undervalued this Company has been. They know it as well especially with their peers going bankrupt. The lower your competition is the higher your profits are. Along with other points that I previously made, It makes perfect sense to me all around. We are going to see the big money finally get in and they’re not going to scalp pennies or trade it every other day and switch positions.

You guys can be worried if you want to but this is what I have personally been hoping for stabilization