Congratulations on your trade! I'm going to stick around as I think there's more here than meets the eye. I don't know exactly what the company's worth but I think it could be a merger/acquisition candidate, however I'm don't know anything for sure. I am up 30% since 10/28 and have dividends on the way. I think this party has some legs! GLTA
I don't know what's going on but there's obviously been heavy buying at the close. Merry Christmas and Happy Chanuka everyone! And let's hope for a bright new year too!
I'm not sure how the "green bullets thing" affects OLN but here's a link to an article about it:
I see these postings on every board. Please go away! Nobody, except idiots pays any attention to your #$%$.
Your post was well written and you may be right but boycotting BP will only hurt their 200,000 US employees, who may be your neighbors and friends. Furthermore, as a stakeholder, I will not boycott them and I doubt very many will. I suspect we will take a hit on Monday but, to what extent, I don't have any idea. GLTA
Yikes, down 8% after hours! The last few days have been a blood bath all the way around. Guess I should have paid attention to all those doom and gloom emails and newsletters that I had been getting.
I agree! I have said in the past that they should put the company up for sale. Perhaps, someone that knows how to run a business will buy them and take us out of our misery!
This article does a good job of saying what I have been saying here. OLN needs to be acquired to unlock shareholder value, or they should spin off Winchester to the shareholders, or pay out a special dividend. According to the writer, the BOD and management are fat, dumb and happy, with little skin in the game and sitting on mountains of cash. Maybe Carl Ichan can come and help us out!
If I can ever break even on this CXPO/MCF investment, I'm outa here! I was actually in the black around mid-November and shoulda got out then. Maybe one of the bigger oil companies will buy us out at a premium? We can only hope!
Thanks Richard.....you make great points! I was just a little frustrated when I posted that and had already decided to hang on to my shares for the long term. Thanks for taking the time to respond and good luck on your investments.
It's 8:30 pm here in the east and still no earnings..............I know it's only 6:30 in Houston but what are they waiting for? Same old shenanigans!