You asked how many are out there that can be bought.
The 6 % /coupon issues of 2019/2021 have and outstanding $1,500,000,000
I have been buying them at 25 cents on a dollar
ANR could do the same and have income frome the purchases, and as Mikeknox said have a Income Tax Liability, but that liability ends with ANR Tax loss Carry Forward Loss, so no tax would be paid.
Why ANR didn't do this in 2014 was stupid. But looking forward, someone is doing it now, yesterday the Bonds went up almost 400 Basis Points
I see something happening now with ANR and we should know soon.
cccguy....you can get 2019/2021's , small amounts but you got to pay $27 + for 2019's and $27 for 2021"s
This is strange to see them move up like this...might have to get some Common Here...we might see this thing get taken out
Ben, I could not have said it better
The way to bring Krotch to justice is a Minority Shareholder Lawsuit and hopefully a large Fund will do so.
Paying Krotch this high dollars like he is running GE is Criminal, he needs to take a reduction and give back 5 years of zero cost options
Kind of looks like no stopping it now
Yeah, I had to quit work cause I made so much on this stock...wonder how that Idiot Mymil is today , he shorted DDS
If Murray will step up and buy FELP, then someone going to get ANR real soon, if you think you have to wait for BK, well you don't , ANR selling right now at BK level
The Bonds are where the action is.
You can pick up some 2019's for $260 for a $1,000 Bond yielding you 40 + %
This looks like a real bear run on coal
Smart money will buy Bonds today, ANR has $1 Bil in cash and another $1 bil of committed loans
1. Family owns big chunk and getting a great return
2. All buybacks are geared to common to take DDS Private
When that happens, you'll get good premium on DDT which was scheduled to mature in 2038
Hold tight for now and enjoy 7 % return
and she is doing in our White House on our dime...time to get the Iranian out and back to Teheran where she belongs
I know lot of you might have listened to the Idiot Geenemo , and feel sick...but anyway, congrats on TXN moving up...maybe someday it can be the next Dillard's
If we don't allow millions of Latinos to stay in America
Megan Kelly on FOX just reported it and kicked him off of air because he would not shut up.
I really don't want to spend $$Billions$$ to house and educate these new Welfare suckers
well if you're like the Illegals and other unfortunate workers at USPS, the Obama Gov has one all picked out for you...a typical Illegal will get a $25,000 Welcome to America Earned Income Tax payment this year...so tear up your SS card and come back as an illegal
do you have to pay union dues?