Guy short KBIO for $37,000
Next day instead of Having $37,000 he owes ETRADE $100,000
with 49 percent short interest and a tiny float you could the biggest short squeeze in history on a debt repayment
and shipping Coal using United Airline to China?
I am sympathetic to Trump's calling people "stupid".
Why stupid people congregated in USA?
and if you go with the flow when that flow is wrong , you're a dumb sheeple ..... exactly what Obama wants us to be ...... I'll take my chances swimming against the tide ..... I like cheer better anyway
Bond prices are telling you that the smart money think it's very unlikely. Bonds are trading at 1-2 cents on the dollar. They would be multi-baggers from the interest payment alone.
Jan 2018 $1 calls are trading for 5 cents. The stock is at 1.02. That's 10% IV! That is a ridiculous price for a stock that moves 10% a day.
If you are long, sell all your stock and replace them with these calls. You get all the upside with 1/20th of the downside.
If you are short, buy these calls and then short stock or sell the $0.50 calls with impunity. 2018 $0.50 calls are trading at 50 cents, so you are shorting a vertical call spread at 45 cents, for a max loss of 5 cents and max gain of 45 cents. Note that these $0.50 calls will be exercised the night you sell them but it's a way you can backdoor into a short stock position.
While China & India are burning coal, the so called CO2 emissions will be blocking out the suns ray to charge our 1.5 trillion mostly solar energy. Cheap coal for them means bigger profits for their manufacturing and growing economy for them, sound smart? Too bad the US policy makers don't see the sale price on coal that is going on. Coal helped build this nation, trains, old homes, & economy, Clean burn can be obtained. We have much coal & the tech to use it.
I'm sure every company on the brink of bankruptcy would also like someone to come along and offer them a few billion dollars instead of waiting until after the bankruptcy to pay half the price.
Don't worry be happy
In every life we have some trouble
When you worry you make it double
Ain't got no place to lay your head
Somebody came and took your bed
Don't worry, be happy
The land lord say your rent is late
He may have to litigate
Don't worry, be happy
Ain't got no cash, ain't got no style
Ain't got no girl to make you smile
But don't worry be happy
Cause when you worry
Your face will frown
And that will bring everybody down
So don't worry, be happy
unless you bought coal stocks
then sell a pint of blood and buys some
It may not help but at least you'll snoozes.
coalfox1 • Dec 18, 2014 9:01 AM Flag
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Predictions for 2015 ?
Coal prices stable, modest uptick's.... PRB up, App coal flat, Illinois up, MET $120's...
EPA backs off and waters down their regulations until after 2016 election.
Natural gas prices spike this winter to $6-$8
We get a buy out offer of $12.