after they suspended the dividend, now the disparity is $5. In reality or the fundamental, there is nothing change. The fair value should be about $6 to $7
Saudis strategy CANNOT kill the U.S. shale players. The only way to firm up price of oil is consumption, and trim production. A clear strategy to get all producers together..
Europe and india found dumping and took swift action and implemented tariff to protect their industries from unfair practices. Now these extra capacities are dumped to u.s. Doing great damages to the steel industries. If there is a slow down in the auto sector, the united states steel industry will be in steep decline with major layoffs
after that it will be a tough call. If all the producers cannot come together and put up a strategy, all will lose. The producers must mutually trim production
Never happen this bad. Think about it, the u.s. Has been in q.e. And national debt has been skyrocketed. Interest payments are already in the hundreds of billions each year. Now commodities priced in u.s. Dollar totally collapsed. Something is wrong in this financial order!
LNCO is hedged through 2016 to 2017. It should still give them nice cash flow. What's the possibility that LNCO to go down near term.
Europe, India already implemented tariff on foreign steel long time ago. Our government is still waiving. It exposes our policies that there are support for manufacture in U.S.A
American industries and citizens are hurting. It is time to stop the foreign steel dumping to alleviate the pains suffering by the manufactures and middle class. These vital manufacturers are the last ones exist supporting our middle class.
Europe, India, even China itself imposed tariff to protect their steel industry. U.S. No action. This is the main reason American middle class is disappeared so fast.
China president to visit U.S. in September. U.S. does not have the clout to stand up and send a message it is ready to protect American people from unfair foreign dumping. Europe, India, has acted long time ago and U.S. still dragging its. This tells about the U.S. system and no wonder we are losing manufacturing jobs. Our market are wide open and easily abused by foreign competition. Most foreign firms like China has subsidies to encourage export..
Even China itself imposed tariff before the WT rule.
U.S. market is wide open and abused for too long by foreign firms. It is time to protect American industries and jobs. There are the last manufacturing jobs in the U.S that support middle class
The situation for LNCO is not alone. Most of the oil are in the same. As long as oil stay this low. Even OPEC will run out of money
you are right. Most of their companies are indirectly owned by state and supported by government to export and accumulate dollars. It is bad for us. Investors lose confidence, and we will lose our jobs. We will need to borrow more money from these foreign nations. Our government needs to do more to protect our industries. We need jobs and not entitlement.
Devalue the Yuan. Imposed tariff on foreign steel before WTI rule even has massive trade surplus and economy grew at 8%. U.S. Is not doing enough to protect its industies. That is why we are seeing the manufacturing sector and middle class disappeared quickly
China does not care what others think. They devalue it again to help their industry. It is time for our government to respond
Lnco should bounce back with different investors when oil comes back. The growth and income investors will rush back to lnco. Why?? When oil comes back, the stock will grow, and dividend will come back