Good news is bad news and bad news is even worse news.
Seen this too many times
Economy sucks. Labor participation rate is lowest ever.
Patriot assumed all the liabilities on the spin-off.
New subscribers up 950,000, revenue beat estimates....management on cc was just lousy. They need to stress the positives.
It is the trendy thing to do. ANR is filing despite great liquidity.
EJ should rally tomorrow. This takeout is going to go through.
Word is they have been meeting with potential buyers. I see a takeout.
Doesn't the buyout support the stock? IF the buyout doesn't happen, then EJ is worth more. I don't get today's action.
What do the Senior notes people get?
Company could buyback all their debt at current prices and still have money left.
A freakin penny.
Dig deep into their numbers and you see a company that is watching free cash flow plunge. How many in China can afford Netflix on their meager earnings?
What lousy earnings. Lets hope they make it up this quarter.