Hard to even make a guess, SB largest mine/project is adjacent to a major silver mine in Mexico operated by Couer De something who owns a big piece of SB (bought at a much higher price than 14 cents) and Lazarus Investments owns a big chuck and bought for something like 21-28 cents per share. I would expect any buyout would exceed those prices.You can read the archived articles at seeking alpha.
"banks are not a problem"...you gotta be kidding me. Google derivatives held by the banks. you will see over 100 trillion in obligations by most of the largest banks in the world. I am not a gloom and doomer claiming the world as we know it is about to end etc. But it is obvious who the true influence holders in the world are, and it ain't obummer. It sure as heck ain't trump. Your message implies they passed the "fake stress test" (which it was) but buzz you can't have your cake and eat it too, your reply is pretty wishy washy, that's ok. Everyone is entitled to an opinion here.
Look at the balance sheet grant, use the tab down the left at the bottom. FDC has 18 billion in bond debt left over from the KKR buyout a few years ago. Also look at the junk bond market, it is in the toilet. Anyone buying junk debt must be outta their mind, i am shorting junk bonds and doing ok. If things continue to tank the trend should continue. Yes the hedge fund players can move markets by dumping stocks or bonds. FDC is a great company, but the balance sheet stinks.
Very true glory, currency valuations are going to change. But have you considered the significance of how all this is going to impact the big derivative holders with trillions in hedges in place? The 2 big German banks Deutsche and the other are down like 20%, today. All 4 big US banks are heavily leveraged too. My question is....is this just a hiccup or is this the unraveling we have been warned about? Hard to decide right now for me, do i buy SDS at this level, or wait until things shake out a little more....my gut tells me the market riggers and central banks will throw everything they have including the kitchen sink at this. Will we see everything back to normal by the close today, or even up 20 points? Time will tell, but hard to bet against the powers that be....
Remember black friday 1987? Delta are you saying todays bloodbath is just the beginning? Or do you expect things to get worse monday? Just wondering
absolutely-SB has never had the funds to develop this site, it looks like all or nothing
that is another company see ridefare.com and has an app and apparently drivers use an iphone app. No need for a meter like WM. They appear to be a lagit operator for a few years now, unlike WM.
Your advise stinks dude. You really think WM bagholders are willing to sale any shares they were dupped into buying at 2-4 cents now? You post one day as derek now denerious, maybe we should call you delirious. Get a job.
Comcast has enough problems of its own, why buy a sure thing loser? Square has little if any potential for actual profits. Further loses are guaranteed.
Sentiment: Strong Sell
Just more drivel dude. It ain't like oil, market gets over saturated and price drops? Do some homework you will find most of the gold above ground is owned by central banks. What remains in ground costs a fortune and takes years to retrieve. Look at any gold miners cost analysis. I see one of the majors jumping up and down with a great drilling sample of like 4 grams per ton of rock. Are you kidding me? Gold today is a slow and costly mining operation, a glut? Tell me where it is and how easy it is to dig up, show me anything with a little intelligence that concludes the world has a glut in the gold supply, anything.....
I have 2 nephews that drive for Uber in their spare time.....they are all independents but make a fair wage plus tips, when they want etc. Hard to beat.