Wed, Jul 23, 2014, 7:10 AM EDT - U.S. Markets open in 2 hrs 20 mins

Recent

% | $
Click the to save as a favorite.

U.S. Concrete, Inc. Message Board

  • barron_rob barron_rob Oct 26, 2010 11:30 PM Flag

    Earnings

    HOUSTON, TX--(Marketwire - 10/26/10) - U.S. Concrete, Inc. (OTC.BB:USCR - News) plans to release third quarter results on Tuesday, November 9, 2010 at 6:00 a.m. Eastern time.

    Interesting to see if the warrants trade before earnings are released.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Wow after shedding almost all the debt this copy managed a $151,000 profit on $41,000,000 in sales in September. Historicaly September is one of the three or four strongest months of the year for concrete companies. Since this is all they could do, If I were long this stock (DaninFW) I would prepare to hold this for quite a while.
      This confirms my previous post that warrants should have negligable value until this company shows it is capable of generating earnings and as I have previously posted, this is likely to take a long time based on the state of construction in the economy right now.

    • It looks like the warrants are not going to trade before the Qt.

      • 1 Reply to gleongelpi
      • Don't be suprised. IMHO when these warrants start to trade they probably will trade for only a nominal value. i.e. $.10 to $.25 each.
        I know that they will not expire for 7 years, but they are a long long way out of the money, and if you haven't noticed construction is nearly dead, dispite Obama's talking up infrastructure investment. First he will have to get congress to go along and second construction needs private projects to prosper and with the current overbuilt situatuion and the reluctance of banks to lend to this sector recovery could tale a long time.

 
USCR
26.25+0.54(+2.10%)Jul 22 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.