yeah who are the retards bidding this up over 12% in after hours, they clearly know nothing about the bid/ask spread in after hours trading...will be ableto buy it much lower tomorrow afternoon..........
Hope so...put in my limit order for tomorrow.... ;-)
Long Term Debt 2,970,525 Balance SheetTotal Cash (mrq): 9.61MTotal Cash Per Share (mrq): 0.083Total Debt (mrq): 2.23BTotal Debt/Equity (mrq): 2.375Current Ratio (mrq): 0.473Book Value Per Share (mrq): 8.16To much debt....I'll wait...Your buy shares off of Goldman...
Your analysis of LINE balance sheet is flawed.LT debt includes $738 million of hedge liability that has reversed -- it should not be counted.LT debt doesn't reflect application of proceeds of Appalachia and Verden closings which reduced LT debt by $700 million post 6-30-08.Current ratio is distorted by ST liab for hedges of $355 million which have largely reversed and is probably an asset at the moment. Excluding that, current ratio is > 1:1.Cash balance is always low because collections in excess of immediate needs are applied to the credit line to reduce interest costs.Keep waiting if you don't understand the financials.
cramer should of call this one at 10.00
unfortunately no shares are available to short this PIG
you need to find a new broker, LINE borrow at IB no problemo