i think you get a relief rally regardless what fed does, prolly a bigger one if no taper, but any taper would be small, giving gold a green light.
yest was my biggest red day in recent memory, quickly they are taking back my aamrq profits. tax selling, need a santa rally or i could finish this year flat. no more cash to add, i am all in. want to dump all positions but don't want to miss santa. is he coming? put your red robe on duy.
wlt, gnk, xco, aal, tsl, exk, fnma, oclr.
Jifan Gao, Chairman and Chief Executive Officer of Trina Solar, said, "We greatly appreciate the contributions Terry made during his tenure at Trina Solar. Terry has been an important member of our management team and has played a key role in ensuring Trina's steadfast growth by building a strong finance management foundation and establishing key financial capabilities for the Company. We respect his decision and wish him the very best with his future endeavors."
no one is/was able to figure out what was going to happen, but it is very apparent the aamrq "investment" is not worth the paper its printed on. they have 3 months to figure out how to #$%$. and now its dead money. great time to be handcuffed, january effect coming.
i say panic if you need that money. shrhldrs are being held hostage. should have all converted to tradable shares monday. where are the lawsuits?
gad, gnk, its one fiasco after another. now the restructuring debt talk has fueled bk fears. wlt went thru the same thing and hit $10. now they are trying to make it sound like the creditors are going to own the comp. same with egle. if it closes over $2 it would be a positive sign.
''Now that American Airlines and US Airways have completed their merger to become the nation's largest air carrier, it's hard to say whether the industry consolidation trend will take a pause, CEO Doug Parker told CNBC on Monday.
He also promised that fares won't rise "as long as demand stays the same."
American as well as United and Delta have global strength with access to the main business centers of the world. So airline competition will be based on how good the in-flight experience is for travelers, Parker said on CNBC's "Squawk Box."
"The three of us have now the ability to take people pretty much anywhere in the world. What used to be a business where it was purely on schedule, if you have the ability to take people everywhere, you have to compete on product. And we're prepared to do that," said Parker, who had been the CEO of US Airways before the merger.
The newly combined carrier began trading Monday morning under the ticker symbol AAL.
With American Airlines coming out of bankruptcy with this merger, Parker said, airlines that aren't profitable won't be able to grow. "We expect to produce a profit that will provide a nice return for our investors. That's what they expect. And that's what we plan to deliver."
The new company's modern fleet will give it a competitive edge, he continued, adding that nothing about this transaction will affect air fares because the carriers are highly complementary. "We're keeping all the airplanes, keeping all the people. So supply should be unchanged. As long as demand stays the same, nothing should happen to prices."
The U.S. Supreme Court refused to grant a stay on Saturday night that would have stopped the merger.
wlt is a hold. anr just demonstrated these coals are undervalued compared to assets. anr, you can prolly sell, and buy back .25 cheaper.
aal is the symbol shares will be converted to. i read the pr, says there will be 5 distributions over the next 120 days, at .0665 per share, as long as the price stays ~$24, (if goes up, more if goes down?) so if this is right(who knows) i will get about 3/4 of my cash back.