He's taking too many med's....thinking way out of the box with thoughts of endless babble. I hope he is not a gun owner?
I live in Florida, we are preparing now, and have been for many years to handle the increase in cargo freight through Florida Seaports. CSX serves each port.....we have deep water ports. I-75 going north has been made wider to handle more traffic..
That's why we have FedEx and UPS, and rail hauls millions of freight containers later loaded onto a truck for local delivery. Each has it's place in the supply chain.
Think no further.........freight transport cost per ton is what it's all about. You can run a train with 3 people on board, for the trucks it would take 100 or more trucks, with drivers taking longer to get there. Fact....rail shipping of oil/gas products are mandated to be a certain percentage by FEMA to protect the delivery supply of a critical national resource in case any major pipeline is blown up. One reason Warren Buffet bought Burlington Northern, he used his influence to get that mandate passed for national security of oil supplies.
The system is rigged for the big players and it was a good thing. You can build a rail track much cheaper than a underground pipeline, and much faster. Trains don't sit in traffic, trucks do costing millions of freight labor $$ on a daily basis going at a crawl in traffic.
You can bet I will come from Australia where India's richest Moguls own massive interest in coal mining. The coal in India is very low grade and very difficult to mine. They have been buying around the world for years, and will continue. Over the last four years India company's have been building coal export expansion shipping terminals on the east coast of Australia, with rail lines to feed the expected increase for quick loading.
Do some homework before you make yourself look stupid again. These same company's will control a significant portion of the coal market. Bottom line, they can't depend on USA coal production thanks o the EPA, and O'b
I think you need to switch med's.......rambling babble is a sure sign your ready for a padded room. I hope you don't own a gun?
He might be right one or two post out of 127.....My post on the Panama canal expansion. He is dead wrong, Florida seaport shipping traffic will expand because of the increased canal freight. It takes a deep water port to handle the massive ships, and we have them, and CSX serves the ports. The entire state is gearing up to receive more imports.
I would worry more if I owned UP, they carry a lot of oil out west, and the enviro #$%$'s will fid some way to fine them for rail environmental impact from spills, fires etc Like you said, insurance foots the bill for most of the loss. Part of doing business.........liability insurance.
I live in The Villages, Florida, located a few miles from the CSX switch yards and know for a fact the county is actively seeking this development project. Several years back 12 overpass rail bridges were raised to handle double stack freight loads by rail......that project is completed, and was long term project ahead of the canal expansion.
My viewpoint....with the Panama Canal now open with more than double the capacity, the Florida sea ports are ripe for increased shipping traffic off and on loaded cargo. This is a big plus for CSX because they service each of the ports. Wildwood Florida, located in the mid central part of the state is one of their main rail switch terminals to direct traffic. 4000 aces of land is available to developed for warehouse distribution with the CSX tracks running right through the middle of it. The expected freight increase will come, and the county is making huge strides to build the distribution system for the future freight handling.
CSX has a good potential to capture more than their share of revenue from the Panama Canal expansion. I think this is a good time to buy CSX at current prices. I owned it before and sold all early last year for a nice gain.
What are our thoughts?
A fire sale maybe.....after the canned employees burn the joint down. Maybe they will give them some worthless stock options off the shelf stash as part of the severance package. Hee Hee. I hope Jim Stevens insider who worked at Arena keeps his job.
I would be happy with a 51% sell off in a joint partnership relationship with ARENA keeping 49% of this mess. Substantial upfront operating cash to get through trials, give up rights to pipeline, keep a percentage of profits down the road, manufacture the drug in our pill mill.
Their back is to the wall....I would take $4 pps for 51% if given the choice. Time will tell.
Sentiment: Strong Sell
This is a huge cut of employees, beyond what their core objective of the company is all about. If we see an external audit being conducted, then they are selling. The employee cut makes sense, admin people are going for sure along with most of the company. Bare bones prior to an acquisition is my view point. I was acquired twice in my career, employee cuts, dumping losing assets, not signing new leases, and then I was showing a Price Waterhouse guru all my regional retail store locations. We were bought within a few months into a joint partnership selling off 51% to the new owner, and keeping 49%.
About time......if it goes private we lose value in PPS, the buyer only wants the good stuff, minimal staff, and pipeline. Mark this post, ARENA is going on the block in some manner before year end.
I agree with you on that outcome....Wall Street is not stupid about ARNA's future. One advantage, it will cost less to produce Bel XR.
I am not sure if there is any planned marketing program to push Bel XR that might make a difference. Existing Scripts will most likely switch over, but we need new scripts from new patients. Will the price for once a day dosage result in the same incoming revenue?
Over the past 7 years, when the exec's are quite with not much to say, it's usually been an omen of pending bad news in the near future. They have rarely pumped ARNA, and the forward guidance is non-existent for the last 2 years plus.
70 thumbs down, 12 thumbs up ! 85% thinks you are a day dreaming fool who has no clue what a good investment looks like. You will be in your grave by the time they make a profit, or get any new drugs on the market actually making some revenue.
He is just reporting the facts......dilution so many times over their history goin back years.
Sentiment: Strong Sell