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Verso Paper Corp. Message Board

  • booleansearcher booleansearcher Aug 18, 2009 9:50 PM Flag

    The October/September SELL OFF

    will not occur this year and you will likely see a sharp rise......there are way too many naysayers out there right now calling for the big drop and Mr. Market never listens to the crowd - I too recommend being a buyer of Verso on weakness but only with money you can afford to lose as the fat lady ain't done singing yet......uncertainty is still alive and well. The black liquor gift will continue into 2010 in my opinion but not be there by Q3 OR Q4.

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    • The black liquor credit expires automatically at the end of the year and would require positive legislation to continue it.

      Mogul

      • 1 Reply to koolmogul
      • thank you very much for that and the timing of that is about perfect as the economy should be coming off of this drop but it will continue to be a very touchy situation so we all must be cautious. Some of the major market titans are now looking for a market drop but others are calling for a slow as she goes up move and one is very bulllish..........so clearly no one knows what is going to happen but certainly the move so far is unprecedented so caution is a good thing.

 
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