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Biogen Idec Inc. Message Board

bmyers347 1 post  |  Last Activity: Jan 15, 2015 11:39 AM Member since: Oct 20, 2011
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  • Reply to

    Low Oil will stimulate China growth

    by stockdude13 Jan 11, 2015 2:43 PM
    bmyers347 bmyers347 Jan 15, 2015 11:39 AM Flag

    "prices staying at current levels or continue to slide down will just mean more cap raise and dilution"
    Couldn't agree more! However, what is the probability either will be able to do so?
    Do any of you guys believe bankruptcy and re-organization is inevitable? Higher prices are the only way these two companies survive w/o bankruptcy and the world seems to be in a deflationary commodity cycle so realistically they appear to have no chance of surviving w/o wiping out existing shareholders.
    Having lost a small fortune in Lynas but offset somewhat by selling Moly over $50 I doubt if either is investable until bankruptcy and re-organization which, to me, appears inevitable.
    Another inevitable will be criminal pursuit of NC. I am not the only who lost a ton of money relying on false and fraudulent statements. Expect a class action because it is coming.

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