Netflix (NASDAQ: NFLX ) has traditionally been a notable target among short-sellers. Even if the bears have been running for cover lately, the stock still carries a relatively high short interest ratio of around 10%. But shorting Netflix has been a losing proposition over the last years, and the way things are going, it could also be a very expensive mistake on a forward-looking basis.
Competitive strengths
One of the most popular arguments among Netflix short-sellers is that the company lacks the competitive strengths to succeed in the long term. Amazon.com (NASDAQ: AMZN ) is usually seen as the most challenging competitor for Netflix over the coming years.
Amazon Prime offers free two-day shipping, access to the Kindle Owners' Lending Library, and more than 40,000 tittles available for streaming via its Prime Instant online video service for a conveniently low price of $79 per year. The service now has "tens of millions" of members, according to the company, and it gained more than 1 million new members in the third week of December alone, so it continues growing at full speed.
Top 5 Chemical Stocks To Buy Right Now: Equal Energy Ltd (EQU)
Equal Energy Ltd. (Equal), incorporated on April 8, 2010, is an exploration and production company with oil and gas properties located principally in Alberta, and Oklahoma. Equal is engaged in the exploration for, and acquisition, development and production of, petroleum and natural gas with operations in western Canada and Oklahoma. During the year ended December 31, 2011, production averaged 10,142 barrel of oil equivalent per day and was consisted of approximately 47% natural gas, 23% crude oil and 30% natural gas liquids (NGLs). Equal Energy Production Partnership (EEPP) holds all of Equal�� Canadian oil and gas properties and associated assets. Equal and Equal Energy Partner Corp. (EEPC) are the partners in EEPP and respectively hold a 99.9957% and 0.0043% interest in EEPP. Equal Energy US Holdings Inc. (EEUSHI) is an indirect, wholly owned subsidiary of Equal. EEUSHI holds all of Equal�� Oklahoma oil and gas properties and associated assets through its wholly owned subsidiary, Equal Energy US Inc. On January 31, 2012, it sold Primate. During 2011, it sold non-core assets in Alberta and British Columbia. On October 15, 2012, it sold the Halkirk/Alliance/Wainwright/Clair Assets (HAWC) and all remaining Canadian non-producing assets. Effective October 1, 2012, the Company sold its Lochend Cardium assets.
The Company�� production comes from both its Canadian and United States based operations. The Canadian core areas lie in western Canada and include assets primarily in the province of Alberta. The United States area assets are located mainly in the Grant, Jefferson, Lincoln and Logan counties of Oklahoma. It also has an inventory of minor producing assets, minor royalty interests and various exploration and exploitation prospects on undeveloped lands in Alberta, Saskatchewan and Oklahoma.
Alberta
The Company�� assets include a 100% working interest in 7,360 gross (4,260 net) acres of land (1,220 net undeveloped acres), 16 producing wells, six water inj! ection wells, and a interest in an oil blending facility. Natural gas is conserved and processed at the Encana Sexsmith gas plant. Oil is delivered into the Pembina Peace Pipeline System. Oil and natural gas production is primarily from the Doe Creek (Dunvegan) formation. There is also natural gas production from one Charlie Lake well. As of December 31, 2011, average working interest production was 227 barrel per day of oil and 316 million cubic feet per day of natural gas.
Lochend is located approximately 20 kilometers northwest of Calgary. At Lochend, the Company holds 8,653 gross (7,996 net) acres of land with 5,970 net undeveloped acres, and 11 producing wells. Oil is produced into single or multi-well batteries and trucked to terminal facilities. Half of the solution gas is conserved at the TriOil Shiningbank gas plant by the third quarter majority of the gas should be conserved. Oil and natural gas production is from the Cardium formation. As of December 31, 2011, average working interest production was 330 barrel per day of oil and 69 thousand cubic feet per day of gas. The McDaniel Report has assigned total proved plus probable reserves of 1,621 thousand barrels of crude oil, 2.6 billion cubic feet of natural gas, and 64.8 thousand barrels of NGL to the Lochend property.
Oklahoma
In Oklahoma the principal producing horizon is the Hunton formation. The Hunton is a carbonate rock formation. As of December 31, 2011, average Hunton production in Oklahoma was 29.9 million cubic feet of natural gas per day of natural gas and 3,862 barrels of oil per day of crude oil and NGLs. The Haas Report has attributed total proved and probable reserves of 499 thousand barrels of crude oil, and 108 billion cubic feet of natural gas and 13,931 thousand barrels of NGLs to the Hunton.
Advisors' Opinion:- [By Jake L'Ecuyer]
Leading and Lagging Sectors
In trading on Friday, energy shares were relative leaders, up on the day by about 0.06 percent. Among the leading sector stocks, gains came from Equal Energy (NYSE: EQU) and Niska Gas Storage Partners LLC (NYSE: NKA). Financial sector was the leading decliner in the US market today.
Top Shipping Stocks To Buy For 2014: Synovus Financial Corp.(SNV)
Synovus Financial Corp., a diversified financial services and bank holding company, provides commercial and retail banking, financial management, insurance, and mortgage services in Georgia, Alabama, South Carolina, Florida, and Tennessee. Its retail banking services include accepting customary types of demand and savings deposits; mortgage, installment, and other retail loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfers; Internet based banking services; and bank credit card services, including mastercard and visa services. The company?s commercial banking services comprise cash management and asset management services, capital markets services, and institutional trust services, as well as commercial, financial, and real estate loans. It also provides various other financial services, which include the portfolio management for fixed-income securities, investment banking, the execution of securities transac tions as a broker/dealer, and the provision of individual investment advice on equity and other securities; trust services; mortgage services; and financial planning services. Synovus Financial Corp. was founded in 1888 and is headquartered in Columbus, Georgia.
Advisors' Opinion:- [By Rich Duprey]
Southeastern regional bank�Synovus Financial (NYSE: SNV ) �announced this morning�its second-quarter dividend of $0.01 per share, the same rate it's paid since 2009.
- [By Selena Maranjian]
Caxton Associates reduced its stake in lots of companies, including Georgia-based Synovus Financial (NYSE: SNV ) . Synovus has been posting strong return-on-equity (ROE) numbers. In May, it acquired $54 million in deposits from the failed Sunrise Bank. Bears worry about the bank's significant residential real estate business and the current low interest rate environment. It has also been working to pay off its TARP obligations.
Top Shipping Stocks To Buy For 2014: Ausdrill Ltd (ASL)
Ausdrill Limited is a mining and energy services company providing exploration, mine development, surfacing and underground mining, manufacturing, energy and infrastructure services globally. The Company operates in five segments: Mining Services Australia, which includes the provision of mining services, including drilling and blasting, in-pit grade control, exploration drilling, earthmoving, waterwell drilling, energy drilling, equipment hire, equipment parts and sales and mineral analysis in Australia; Contract Mining Services Africa, which includes the provision of mining services, including drilling and blasting, in pit grade control, exploration drilling and earthmoving in Africa; Manufacturing, which includes manufacture of drilling rods and consumables, drill rigs and dump truck tray bodies; Supply and Logistics, which includes the provision of mining supplies and logistics services and Other, which includes its central functions like treasury, financing and administration. Advisors' Opinion:- [By Adam Haigh]
Toyota Motor Corp. (7203), the world�� biggest carmaker, lost 1.3 percent in Tokyo after its net-income forecast fell short of analyst estimates. Ausdrill Ltd. (ASL) slumped 29 percent in Sydney after the drilling contractor said its expects a lower profit. GungHo Online Entertainment Inc. gained 2.5 percent as Japan Exchange Group Inc. and Nikkei Inc. said the Internet-game maker will be included in their new index.
Top Shipping Stocks To Buy For 2014: Aflac Incorporated(AFL)
Aflac Incorporated, through its subsidiary, American Family Life Assurance Company of Columbus (Aflac), provides supplemental health and life insurance. The company offers various voluntary supplemental insurance products, including cancer plans, general medical indemnity plans, medical/sickness riders, care plans, living benefit life plans, ordinary life insurance plans, and annuities in Japan. It also provides loss-of-income products, such as life and short-term disability plans; and products designed to protect individuals from depletion of assets, which comprise hospital indemnity, fixed-benefit dental, vision care, accident, cancer, critical illness/critical care, and hospital intensive care plans in the United States. The company sells its products through sales associates and brokers, affiliated corporate agencies, independent corporate agencies, and individual agencies. Aflac Incorporated was founded in 1955 and is headquartered in Columbus, Georgia.
Advisors' Opinion:- [By Dan Caplinger]
Ask most people about Aflac (NYSE: AFL ) , and they'll automatically start talking about the company's duck commercials. But those who've focused more on Aflac stock than on its advertising have been richly rewarded lately, and with new efforts to foster growth in the insurance company's largest market, Aflac has huge potential to cash in on improving conditions among its customer base.
- [By Dan Burrows]
Stocks to Sell: Aflac (AFL)
Click to Enlarge Source: Source: Charts courtesy of YCharts
The Aflac (AFL) duck would probably cough up a hairball if it knew how bad June was shaping up to be for AFL stock. Shares in the supplemental insurance company have lost more than 8% so far this year, and the technicals say there’s more pain to come.
- [By Seth Jayson]
AFLAC (NYSE: AFL ) reported earnings on April 24. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), AFLAC beat slightly on revenues and beat expectations on earnings per share. - [By Laura Brodbeck]
Stocks moving in the Premarket included:
Aflac Inc (NYSE: AFL) gained 1.59 percent in premarket trade after losing 0.19 percent on Friday. Boston Scientific Corp (NYSE: BSX) gained 1.41 percent in premarket trade after rising 3.05 percent over the past week. GameStop Corp (NYSE: GME) gained 1.27 percent in premarket trade after sliding 17.29 percent over the past 5 days. Newmont Mining Corp (NYSE: NEM) was up 0.94 percent in premarket trade after rising 3.15 percent over the past week.Earnings
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