All true - and you left out one small piece -- They anticipated getting El Dorado up to speed and the closing of Climate business sometime in the 3rd Q -- appears they got there the first day of the 3rd Q - and I also haven't seen anything on any production issues at other facilities in a long time -- looks like new mgmt [and all they hired help] is performing exceptionally well re their targets and shareholders
Im just thinking this is going to be a good ride...
probably right re results not being great - seems it is always the looking ahead that drive sp up or down - and Im thinking the look ahead will be nice
What's going on? a bucket load of ammonia production and operations running smooth
Sale of Climate business moving like clock work
looking forward to next Q earnings and outlook - little over a month away.....
I think you answered your question - this stock has fairly low volume so it is easy to manipulate - note the short interest has dropped from around 20% to about 13.5% over the past few weeks or so
imo this is what we get until next earnings when the "money pit" starts showing signs of a "money fountain"
and the little dips we are seeing are good for accumulation
so far it appears current mgmt is doing very well
unless something blows up they will soon be running a very profitable chemical business and will have a very manageable debt to equity ratio
the numbers quoted by the stockjerk are essentially from a totally different company than what LSB is and soon will be
short interest continues to drop -- people are covering
I have some 7.50 calls I will exercise next month -- none of these have been trading lately
it appears that "problems" have been mostly solved
just wish I had bought more a while back
"LSB Industries, Inc. Announces the Start of Production at Its El Dorado, Arkansas Facility’s Ammonia Plant; Full Production Level to Be Attained by Third Quarter 2016"
regardless of timing of full production - as long as they continue to move ahead this company should be looking really good by Q4
just back for a look - got out with a big loss at around $4 and took my tax deduction for 2015 - my experience with holding these turds is that you either get -0- or possibly swap your units for the new units at some rate -- ie 100/500 or 1000 or your shares for 1 of the new units - maybe not quite that bad -- bottom line is you are probably well off to get all the pennies you can at this point jmo
I realy hate this as several friends are into this pos
short interest has dropped from 20% a wk or so ago to 13.6%
someone is taking those smart pills
that drop helped our recent jump - probably see another one sooon
those are all historical numbers - anyone who has been here for a few months knows what caused those poor numbers
and anyone with any sense knows they have nothing to do with the future of this company
they had two totally different/unrelated businesses under one tent
a 345M payment against their current 534M debt leaves the rest of their business in rather good shape I think
+ they have some 40M set aside for the ED plant completion that likely won't be used
assuming they start production next week or so we be lookin good as the dust settles IMO
there was a big write up in the Sunday paper about drilling continuing in the STACK play - even through this slump - I believe enbl said they had that area covered with pipe in their cc.....
listened to the CC - I agree this was a huge over reaction to the miss
they appear to be very much on track to be in production at El Dorado in a couple weeks
and lots of cost saving initiatives in progress and product is all sold
I think we find out in 2 days
assuming they are in a startup mode on their El Dorado plant you should get your wish
new production capacity + backlog = longs be smiling