leeward says" The fact is, however, for purposes making decisions about investment what is relevant is what is occurring now." Agreed. So for those who like to live in the past just a reminder that past performance is not necessarily indicative of the future . It's like throwing an alcoholic who quit drinking a few years ago under the bus.
Yes. One dividend per share to the owner of each share whether that share was borrowed from you and sold short or not. The owner of record receives the dividend. The total amount paid in dividends by FTR is the same whether there are 200 million shares short or there are zero shares short, all reflected in cash used in the business.
This stock has had over 200 million short for most of the past two years. It doesn't look like it has worked out that well for those shorts. In addition to the price appreciation there were dividends to be paid. Sold off most of my position from April-May 2012 but kept some in the event of the squeeze that could happen. Don't want to miss it. Aside from the divy which I figure is better than 50/50 going forward and a pretty good YMB in that politics and spammers are limited, it's the short position that's keeping me around . I say the more shorts the better. Keep them coming, from their short pocket to my long pockets. Thanks in advance.
To your knowledge, is their a specific date of the legacy payment or is it likely that it comes to ALSK in increments or do you have a best guess? Thanks in advance.
Thompson said implementing technology that allows utilities to capture carbon is better than trying to eliminate coal because other countries are increasing use of the fuel.
Coal on the New York Mercantile Exchange has risen 13 percent to $57.40 a ton as of Feb. 12, from its 12-month low of $50.84 on Sept. 4. Gas has surged 49 percent to $4.822 per million British thermal units. Prices reached $5.557 on Jan. 29, the highest since January 2010.
Bloomberg: Feb.12th Predictions of coal's demise in the U.S. may be greatly exaggerated.
Natural gas prices at a four-year high have utilities shifting to coal to generate 4.519 million megawatt-hours a day, the most since 2011, government data show. Within three years, coal's share of power production could climb to 40.3 percent from about 39 percent last year, while gas's share will probably drop to 27 percent from 27.5, the U.S. Energy Information Administration said.
I would think distribution is an integral part of the E commerce business. It's what has to be paying the bills for the warehouses etc. I would think there is little chance they dump it anytime soon or at least until E commerce and associated business can pay the bills.
Spix writes: "You miss the point. When a 100 share trade dictates the price of every other share, including those that are NOT traded or even being offered for trade, the net volume of any given day's trading is not so relevant. If the previous two weeks trading can be controlled by pissant 100 share trades on the downward pressure push, it doesn't take millions of shares to hide those 100 share manipulative trades".
Conversly then, can the stock be manipulated upwards with 100 share buy trades?
76% Jan 29 and 70% jan28 trading in this stock was related to shorts, whether buy or sell. Not strange to see the number over 60% in this stock. Unusual. That's one of the burdens of owning FTR among others. Getting pushed around is a daily mishap here but it appears we are ready to go the whole 15 rounds. Nice consolidation here the past 6 weeks. Technicals are mostly positive and it appears shorts are getting wobbly legs. A good report could be the right hook the long termers are looking for.
Thanks b412. I misunderstood that it was Powerburns site making the predictio rather than the EIA. Yes 1500 will be before Feb. ends.
5000 TOTAL shares traded for the day hardly seems like a significant number to be calling this short covering to avoid detection. Appreciate your diligence on this matter but it really seems to be a non event here. GL.
"American Electric Power (AEP) during the recent cold weather was running about 89pc of the coal generation it has scheduled to retire in 2015, leading the company today to question the reliability impacts of federal environmental rules". Snagged this from a knowledgeable person on another forum . I bet those heated homes with their lights burning are glad they have coal.
Good or bad it never ceases to amaze me how this company follows the beat of it's own drummer. No guidance, earnings report whenever they feel like it etc. Good thing there is a BOD in this case or Saylor would be even less conventional than he already is. Not complaining. Have owned this company since pre split days and then some . Have gotten use to the maneuvering. Good quarter by the way. Heading higher IMO.
Next week draw is forecast to be closer to -195. Goldman forecast end of season at 1.39t. When NG moves freely between the land masses of the world like oil, wheat etc. then it will trade at the same price everywhere. Am against exporting NG for that reason. Who but those in the NG related business benefit? Not your home heating bill, or NG at the pump when it becomes available. We can't burn coal in our vehicles and not practical in our buildings. Coal , NG and all other energy are related. To say otherwise is just stupid.
I get the irony. Humorous or not safety has to be paramount in a mine. Without sounding liken a suck#$% my intent is to learn what I can from these boards. I for one have learned much from Ben. I may be naive for now but find the Ben posts noteworthy and quite useful. Hats off to that notion as these MB's are filled with so much #$%$ much of it hateful. I'll vote for anyone willing to share a well thought out and knowledgeable post. Keep it up Ben.
Their is a lot of truth in the colder forecast. I owe mho07 an apology for jumping on needlessly as this person is just posting for the benefit of all. Having said that, I just get so tired of the media " bling " factor. That's all.
Yea Toody and Muldoon on black and white TV, back when a handshake was only required for a down payment. Ahhh those were the days.