WAIT AND SEE
TO SEE IF IT CAN GO
natural gas price continues to fall as warm weather persists, there is also the discovery of many big natural gas field. couple with widespread use of different kinds of environmental energy . oil and natural gas price would continue under pressure. i am not optimistic.
i don't know how this company runs , just buring $$$ and no earning at all.
and i am very surprised to see any investors would buy for long term
It is not surprised to see speculative buy at this level
i would only have interest below 50c or less
the stock is Manipulated by a group of short sellers. i believe
short covering in these two days, as pe mutiple is very low even after adjusted
by the revised earning and guidance.forward pe is only 7
a great discount to peers
at least by half
remember 911, ba dropped to usd 28 and today near 150
while bbd.b dropped from 21 to around 10 and rebound to 15 and continue to fall
even the economy is rebounding big, nobody believe it would hits to 1.47,
all guys, u can see the different.
1. Order for planes decreased gradually as tech not competitive
2. rail compartments order may be taken away by other competitors like china
cash is burning, debt is increasing
no earning, heavy debts, need to pay dividend
1. need to cut dividend
2. need to sell some asset to cover the some debts
i don't know whether the asset are enough to cover all debts
natural gas will be in low price for some time as supply is very big.
also oil price will be cheapr than before.