there were 31k shares waiting to buy at 5.75
bid.. but with this market falling apart
I would not be surprised to see that broken.
I do believe the stock will hold 5 dollars
but for the time being I'm content with
waiting for a fitty cent discount from here.
Don't you worry about me accordion, I'll still be short through New Year no matter what lies you and Krieger tell each other in the corner!!! Remember, the board didn't cut the dividend because they are almost out of cash, they did it for a "special surprise reason" that will make the share price rocket!!! (hey, where'd these cockroaches come from anyways..........)On the scale of 1 to 10 where do you put the Santos sale price? If Krieger's numbers can be believed(BWAHAHAHAHAHAHAHAHAHA!!!!!!!) you'd have to say -5 with 10 being the best. Considering it was around twice trailing 12 months earnings I'm calling it a fire sale. Should have sold for 6X. #16 sugar peaked at 40 and hovers around 38-39 now. The boiler system has been hampering the daily melt numbers from returning to 2007 levels. It's train wreck time and ol' skiidady is going to have a front row seat!!!!!!
if you are certain on this, then buying is a must because the debt load increase indicates a 20 cent loss.
They're going to give some indications on the melt for 4th quarter, progress on LSR, and explain the Mexico sale. As the 1st quarter will be all but in the books, they may say something.
IF the earnings report in December is bad, what's the downside. The question isn't the earnings, it's the outlook. Sugar hasn't moved any higher, it's actually down from last quarter earnings.
I want to know more about LSR, Mexico, Wholesome and the daily melt at Wentworth more. I think the melt is over 5 mil per day by the way.
I don't agree..you have to bet big to win big!!The eps estimates are so low, that even IPSU will be able to surpass them! You could see the shares rise 40% in one session, on better than expected results.