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Walter Energy, Inc. Message Board

  • goingupordown56 goingupordown56 Sep 12, 2013 11:45 AM Flag

    The shorts are starting to cover....LOL

    Where is the idiot who constantly posts this nonsense

    Sentiment: Strong Sell

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    • I am guessing he is a short and is trying to get some pops so he can short more. Its not rocket science. The bond rating on wlt says there is an 86% chance they are going into bankruptcy (ie not pay back the debt). Hence the rediculous interest rate they are paying (almost 9%).

      One of the main tactics the big institutional shorts use is those ratings from Moody's and S&P. They have already done the homework for you. Just playing the odds. You need some deep pockets though as you can see when this stock moves against your position.....temporarily.

 
WLT
0.8763+0.0463(+5.58%)Mar 6 4:02 PMEST

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