I looked at the last earnings press release and it was bullish for the next quarter. I think the next quarter will be very positive and should move the price up.There were no negative releases y the company so I am assuming things are on track
Russia and China are atheist countries as such they believe in no after life. in may respects they are the ideal enemy in that they don't want to die. No question they both have increased their gold reserves. The idea is for them to create a new reserve currency. As the Ruble tanks I don't see this happening soon. I like silver because its an industrial metal as well as a precious metal. Its linked to gold however and it jus depends on gold. SLV is a steal here I think you can sell puts or sell covered calls. Great opportunity
While this makes some sense, logic no longer prevails. We are now in a new world of printed money not backed by metals. The US prints the currency and the world accepts it. One would say that there is such a thing as a free lunch. No one mentions the deficit of $19 trillion or the off sheet obligation of over $100 trillion. Economics will be re written
They will buy only if stock trends higher. They want the biggest bang for their bucks. I think they will take their time
Are you buying more?
Because they are being the stock back. They want the stock as cheap as possible
Based on what? deals can't get done because banks hate commodities. Company loaded with debt. its up to the banks. If they won't wave covenants it will force bankruptcy. The only consolation is Icahn thought all this through when amassed 100mm shares last year and biy is he hurting
I wonder if Icahn will be adding to his 100,000,000 holdings? This fellow Flores is in a world of hurt too. Anyone think this is a takeover target? Maybe the Chinese?
The management will say nothing too positive given they are buying stock back. This is a way is what they want. Maximize the number of shares they can buy with the $200MM.
silver has no value. all the stuff about industrial uses, inflation hedges, jewelry etc its all wrong just junk I guess. Thats what your saying I guess. The world is on the right track I guess? nothing to worry about I guess. $120trillion + on and off balance sheet deficits are a good thing I guess.
Seriously this is a shame.
stock holding up given the lousy market. Expect it will move well if the market as a whole goes positive
Stock will go up until the next earnings report. For the most part the latest report shows serious demand for services and will eventually turn profitable.
Mrs Obomo said in a speech (go to You Tube: Obama admits he is a Muslim) and judge for yourself. At least Cruz does not lie
Thanks for response. I made a mistake and I 'm out but looking to get back in post earnings