Dont think Amsc is the only thing being targeted by the Chinese government,they are targeting the whole country.I spent over a hour at the supermarket tonight waiting on line,the reason was because a Chinese lady gave the cashier five food substidies checks and the cashier had to make sure they matched the items listed on the checks.After that the lady paid the rest of the bill with a food stamp card.Being dumbfounded I asked how she was able to get all this aid? She said it was all arranged from China before she got here and not only food but housing and medical.This made me mad and sad ,because I know alot of people who worked and paid into SS their whole life and have to sell their home just to be able to pay for food & health insurance .I use to believe those people who bought guns and joined militia groups were crazy,but now I'm not to sure.I believe when things get so out of order like this the only solution is another revolution,I just hope its not to late to save America.
Oil back to $95,ng $4,how can sd not go up? The only thing keeping us down are the shorts manipulating this stock,where is the SEC.
Doug,like sd shareholders they are already invested, 1 billion in Miss.,with stacked play and better ng prices a international company will be able to sell ng abroad at a much higher price.
Doug,I think its a good time for you to get back in,Repsol loaded with cash,ng prices moving up,oil holding even with make believe Iran deal,Kansas showing some good wells,nows the time sd runs up in Dec.
What if they were in negotiation the last few months,Repsol just received $5 billion from Argentina,they can use it to buy sd, a all cash deal.As soon as TW was gone I believe negotiations were underway,sd might not have liked the buyout price of $8 so held off,now the big boys might except $8 just not to deal with all the headaches.
If anyone were to take out sd,now would be the time,the pps is only around $5.50,at $8 it would be a 50% premium.Repsol is the only company looking at sd & they need to do it before yr. end for tax reasons.Every Monday the pps goes down because everyone is just waiting for the buyout news ,they figure it will be announced on a Monday.Shorts continue to do whatever they want with sd,the only thing that will change that is a buyout offer,untill then this stock is dead in the water even with Cooperman,tpg,premawatsa and others at the helm.If Respol is really interested they should put a $8 offer on the table,if anything it will get rid of the shorts so sd can trade at what its really worth $8-$10.If tpg had a buyer they should make them make the offer even if its only $8,shareholders are so burnt out owning sd they will be happy with anything over $8 to put them out of their missery.
Arch,enjoy the holiday dont let the pps get you down,every dog gets their day,maybe this pos will fair better next yr. more upside at this point, cant get much lower,anyway have a save & healthy Thanksgiving and that goes to all amsc shareholders.
Time is running out,Repsol has to buy someone before end tax yr.to avoid a major cap gain,Sd is on the list, hope we get 0ver$9.
Maybe buyout Monday,or ng starting to make a move,brent at $111 cant understand the big spread to wti back over $16,gap should close quickly.
Arch, Ithink he's looking to buy the whole company for under a buck,all he has to do is sell all his shares which will take it to .25 or so and then make a move for a hostile takeover.
Every day only pain &suffering,this is corporate Chinese water torture,pink sheets here we come.Honestly dont know why no one buys them out at this level,45 cents cash plus a billion dollar lawsuit and new technology,someone with connections with Sinovel or Chinese gov.,when politicians buy thats when to load up.