I believe she will be the start of politicians and aides going to prison. The country has had it with theses
criminals. Obama might not be able to pardon as he might expose himself.
The bond exchange will probably go to a St Louis Judge to decide, in Arch's favor... B of A don't want the liability, because potentially, if this goes to court and is favored to Arch and causes BK, huge liabilities could ensue... I think it will get sorted before it goes to court...
Paris Climate summit (sponsored by some of the biggest carbon emitters on the planet) Will talk about global coal consumption. ways to upgrade the global coal fired power stations to new super critical tech...
Republicans will embrace fossil fuel, end of conversation.
Green subsidies die in a high interest, global recession, stock market, housing crash event. The central bank punch bowl is going to be removed and a huge hang over will ensue..
If I owned a green energy business I would be shopping it around for buyers...
Why must you be so unhappy all the time. When bsrc made 10 cents and became 38 cents u were so happy and kept pointing out 25% gains. Whats the difference here? Bsrc will be bankrupt in few years and no one will care. But a gain is a gain, on that day it did go up. You were right. But your crystal ball cant predict when aci does those tricks.
I am seeing prices for ACI debt that are in the $6-7 range. This means they are being valued at about a single coupon payment, with no value beyond that. Can anybody confirm this price info? It seems incredible that there would be no future value for the debt, but if the bond market continues to believe so, it will be only a matter of time before the common goes to zero. Comments welcome
all it has in it is a little cadmium, copper, magnesium, zinc, etc. course they say the same thing about the toxic soup the frackers pump into the earth, causing irreversible pollution--FOREVER.
you can trust your EPA. ask herr Obama. and don't worry about them earthquakes neither.
Short covering plus oversold by a thousand times. Shorts can only make money now if bankruptcy. So, they will cover and take gains. This means going to run up fast for a bit.
Sentiment: Strong Buy
Yes, Barrons is notorious for "National Enquirer" type reporting. Anyone seriously think this stock wouldn't be tanking like crazy if we were mere hours away from BK being filed. Just ridiculous reporting, if you can even call it that.
Read the article again very slowly, especially the second paragraph. The third paragraph is a clear misunderstanding (and speculation) of why the stock went down. The stock being up over 60% in less than a week and then down 30% sounds more like some quick profit taking for weak hands.
SCOTT DEPOT, W.Va. (AP) — Busloads of United Mine Workers of America miners and retirees roared in protest outside Patriot Coal headquarters Monday, as the bankrupt company looks to nix a union contract that includes pension contributions and health benefits.