that's what's wrong with CH 11 BK laws ..... ONLY the average joe commons suffer any pain ...... The company , the BOD , and the Banks , hum along just fine , in fact they are happy to crush old money and bring in new ...... they are all celebrating right now ...... the whole system is a crime from top to bottom ..... BK should mean BK , management should be given the boot with zero pay and the company sold with all proceeds to pay off ALL stakeholders according to their investment .... you'd see a whole lot less BK's !!!!!!! As it is now , BK and RS are wonderful tools to ferk people out of their money while the fat cats get fatter ...... It's party time in LNCO's Boardroom right now ..... and the press release will say "we are sorry to say , but we had to file for BK" .... ya right , not to mention the bankers have the inside scoop so they have long exited the common shares before the announcement they have known was coming for 6 months ........ I sold off LNCO a long time ago , but I have gotten a few of these myself in other stocks , so I'm right there with you ....... Many companies have gone BK , and they are still in operations ready for things to get better with old money wiped out through these scams ....... and of course the lawyers love this stuff and they'll rake in millions , and in about 5 years you'll get a class action letter , jump through a ton of hoops , to collect 50 bucks in 10 years ....... As "Justice" .......
true ..... wall street is way ahead of the game ...... I've been seeing accumulation sub .85 for several days ..... however , level II can be misleading at times , so not going to swear by it ........ those tricky devils are pretty slick at times , but you are right about that ER being baked in ...... that is for sure
an idle rig has IT'S VALUE added to assets , Enterprise Value ..... IF the rig was a 650 million dollar rig , the 65 spent is at the least "break even" for now ..... 65 mil spent , 65 mil added to assets ..... and I suspect it's value will increase soon , and maybe already is , so in essence for 65 million bucks , you just POSSIBLY added 100 million bucks in EV and / or collateral and or assets ....... at the very least , it's a wash and worth the money ....Once oil hits 70 + , you have added an asset worth 150+ million , generating revenue , paying for itself in no time ....... This "oil glut" is NOT going to last much longer , I give it a year TOPS .... The world GUZZLES Oil like there's no tomorrow , and "one day" this is going to get real bad ..... $150 Oil , from one extreme to another ..... I expect 150 oil within 5 years .... The world GUZZLES 50 BILLION barrels per year ...... BILLION with a B ...... When housing was in recession , people bought houses dirt cheap ..... Now ???? reaping the profits
FIRST , huge amounts of money is printed that funnels into the mega billionaire's pockets through dirt cheap loans and tax dollar subsidies ....... and then the LAST THING to happen is a far smaller "stimulus package" focused towards "the people" to "create more jobs" , such as a "hike in minimum wage" and "other infrastructure projects" ..... The first stimulus is 90% of the "pie" and the last stimulus is a pittance of crumbs , BUT the latter stimulus causes inflation which actually eats into any "income increases" seen by the people ..... I have seen this cycle a few times in the past , and we are following the exact same formula , only on a much larger scale ..... Once you see "a raise in the minimum wage" bet your boots inflation is coming ...... 10 Trillion goes to the fat cats , and 1 Trillion will be spent helping the masses ...... THAT is the "formula" and it is totally #$%$ backward , and THAT is why it is doomed to fail ..... eventually ...... Watch as mortgage interest rates rise and once they hit 8% everyone and their dog will "qualify for a loan" , and housing prices will also be 50% higher from the lows ...... When houses were dirt cheap and interest rates dirt cheap , NO ONE "qualified" ...... It's all just a huge scam , played over and over every ten or fifteen years ....... As for CLF , it's going to go up by 2017 of course , the commodity "glut" is winding down and we are about to print some more money to "build" with .... By next summer , all commodities will be much higher I bet ........ Oil for sure
well , a lot of it went for TOLL ROADS !!!!!!! I live near Dallas and there is a lot of highway construction , ALL OF IT TOLL ROADS .... with our tax dollars ...... we are insane to allow this garbage
the Jewish "Religion" has been completely taken over by satan , and the proof is the "Star of David" which has NOTHING to do with David , and is a Pagan Symbol from long before David ...... Yep , you've been "infiltrated" as has every "religion" on Earth ..... Now ya know why they ALL support the "New World Order" ...... ALL "religions" are falling into that trap ...... David NEVER used the "Hexagram" as a symbol , but Molech and Baal did ..... Have you ever heard of a witch's "Hex" ???? A Voodoo "Hex" ????? That's from the "Hexagram" the most valued symbol in Luciferianism and Satanism ...... you are being duped , the whole world is being duped by "holy men" ......
unfortunately I don't trust level II data as I have seen it full of #$%$ way too many times ...... but , if I were to believe what I see , it looks like accumulation here ...... and yes , I am a skeptical cynical person ..... The market tends to do that to people since it is full of #$%$ 90% of the time ..... when you see millions of share volumes traded on 100 share bids and asks , you know "something just ain't right" ...... but I have seen several days of what looks like accumulation , so if it is correct , we'll see 1.00+ soon .... if not , I become even more skeptical and cynical !!!!!!! I am 100% sure REXX is going to take off this coming fall and winter when Europe starts massively buying our LNG ...... but the big question is survival until that time without BK or RS .... RS not so bad , but BK and we're toast ..... it appears to be headed up .... we'll see , REXX has been a good one in the past , hope she stays that way ...... Vote for Trump and let's fix this mess Obama has created , unless you just wanna focus another 8 years on "which bathroom we should use" while our economy crumbles
I watched a few youtube vids on the fire ..... incredible ...... a lot of video of people driving trying to escape , going right through massive smoke filled roads , 200 feet from huge flames ...... I'm surprised their cars don't blow up from the heat , and how they breathe in all that smoke ..... the place looks like "Dante's Inferno" .... I bet those people are freaking out ......
that's because all of his "infrastructure" spending is designed like his other "stimulus" to make HIS constituents richer ..... more solar / wind , and congress is watching all the money enrich democrats ...... so they say "no more" ....... and once a Republican is elected , they will gladly fund more "stimulus" so THEIR constituents can get richer ...... they're both corrupt as hale , but the dems are a disaster for America to the 10th degree ....... I am simply picking the less of two evils , and Trump will secure that border , which we MUST DO ....... Dems ???? they'll just keep yapping about which bathroom we should use
EV and debt are basically even , in fact EV exceeds debt by a little and oil prices rising .... you are incorrect ....... The company as of right now is worth about 1.00 a share with $40 oil ....... and sentiment is to the upside , PLUS the low float is very "handy" for a future SPO ...... no one knows the future , not me , not you
and Obama has surely opposed everything they have proposed ..... Obama is the one who is playing the massive mind games in Washington ....... and frankly congress has given him way too much and hasn't opposed enough !!!!
almost ALL of Obama's "stimulus money" has been printed with "disappearing ink" and gone to the fat cats ..... ALL the mega billionaires are totally pork bloated now .... worse than ever
just got some today , was a bit worried of course on ER later , but I think HK is a long term winner and floyd knows his stuff , plus sitting on lakes of black gold , they can hang in there during hard times and come out sweet when the tide turns ..... after elections oil is going ballistic ..... no doubt ...... 94 cents is a great price on this one and my shares are going on the shelf
He will implement a MASSIVE infrastructure stimulus package ..... something Obama should have done years ago with all the TRILLIONS he has literally SQUANDERED ...... Not to mention "the wall" ....... IF Trump wins , CLF 10 bucks by end of year ...... dilution or not ...... actually 100 mil issue @ 5 bucks wouldn't hurt a bit long term if we don't do something stupid and elect Hillary the wicked witch of the west .... Trump is a BUILDER , exactly what we need , don't care if he is narcissistic , he wants America to prosper again ...... Trump , like us , is sick of seeing America slowly bled dry by the STUPID deals we have made for the last 50 years