how long has Nat Gas been cheap? I'm not seeing much construction of Utilities bringing in Nat Gas pipe lines or changing out Turbines....so you can have a ton of cheap Nat Gas, but it will take 2 years to redesign and construct a change from coal to nat gas.
Call Fluor up and they'll do a conversion for you for about $300,000,000.....
I suspect a full welfare family
Nish, do what i do and Call ANR Daily and leave word with Operator to tell BOD we want Company Sold for $5/share
If Kr0tch followed my advice and bought just $1 Bil of ANR Debt back for $320,000,000 ($32 per Bond), we'll show a Gain of $680,000,000 or about $3.20/share, which will be offset by operating loss...but think of the Horror Shorts will feel if Kr0tch was prudent.
Ben, this is how REAL MONEY is made, not buying more Brokedyck Coal Mines.
Ben Hope we have better year next year
The BOD may have voted the Buy Back but ANR ain't got the money to buy any Common Stock nor invest in another Brokedyck Russian Coal mine in USA
Ben, believe me, the only thing for ANR to buy are the Bonds...I hpe you get to see I told you straight when ANR releases.
2021's have custome buys, would like to see stronger Dealer Buys...but the Bond Sell off could give investors nice return
Don't listen to CNBC on Bond Buying ....this ANR could give you a tremendous return by buying 2021's....a 20 % return for 2015 in the cards I feel.
Now appears to be in accumulation mode....big buyer bidding all day.....if someone scooped up the Bonds at the 70 % discount, and an announcement is made on the 5 % level for common.....I pity the 55,000,000 shorts
Exactly right, Minimum Wage is just wage price controls that never work...a Communist idea that leads to a Countries failure
cusip = 02076XAC6
I can see them on ETrade, they have 6.25 Coupon
They firmed up on the offer just under $30
Saw them going off at $27.50 earlier
Ben, give us a Bible Verse to splain it
And NO ANR not buying any stock back
Last week I thought ANR would be the worse of the worse...now ANR trying to prove me Rong,,,it may be the best of the worse.....could something be brewing for ANR like someone wants 3.5 Bil tons of coal in some unforseen place like Europe or China???
Ben help us here.
anyone got a guess, all the Common Holders now are in at the low price so there is no more tax loss selling I guess....there is tons of Tax loss selling in the Bonds
Just maybe kr0tch read my Email and used part of the $500 Mil he got in Q2 for Bond repurchase and we'll show a big Earnings gain in Q4...what ya think Benny??