at $3.50 per share george has another 40 million shares to sell ATM. $3.50 is going to be a roadblock until that is done. Probably wont happen until near next earnings. watch out after that.
GS didn't invest blindly. He was fully aware of the ATM. After GS purchase was announced the stock reached $3.50 and GE sold a chunk ATM. Stock goes down and old news is rehashed by Motley Fool. Stock jumps and if it reaches 350 again GE may go to the ATM again. Meanwhile, there's a good chance GS has already sold his 590K shares, and we won't know until January. Personally, I'm long at $3.60 but dont believe GE will let it reach that level this year. GS knows this.
DRYS announced the ATM 10-4. Soros bought under $3 a share before 9-30. Underwriter sold 7mm shares at appx 3.50 after the ATM was annopunced, according to GE. Soros may have bought more shares after the ATM announcement, but that would not be reported yet.
The new chart doesn't show the actual rate, just the fact that it is T/C indexed thru 2016? The rate would have been nice.
Fleet deployment chart for 10-31-2013 has changed. It now shows 4 Panamax vessels with "T/C Index" rates ending in 2016 that were "Spot", and 3 Panamax vessels with "Spot" contract that were $9250 daily rates. Anybody got any ideas about the effect on bottom-line?
I wish somebody would buy the entire $200mm and get that load off of the share price. Georgie Porgie said it's only around $22mm that were sold.
I predict the price of QTWW will be under $1 in 2014. I predict a 1:5 reverse split it 2014 for qtww. I predict numerous nasty-grams for the remainder of 2013 from some very idiotic posters on this board.
It may be 11 years now. It was back when Sassol was a QTWW competitor, remember. It was before the 20/1 reverse split sometime ago. My, how time flies. Those were the good old days....yessir
sorry to burst your bubble but it's never been to 12. If not for the 80/1 reverse split it would now be $.066