The amount of oil spilled in 1969 was 40 to 50 times greater and clean up techniques have improved immeasurably. In addition, the pipeline companies are much quicker to respond.
Fewer birds are killed by oil spills than windmills.
Maybe I'm missing something here, but it seems like XONE is going to be more of a service business than manufacturer. 16% Growth in revenues would indicate than customers like the product and system. We are in a no growth economy in the US and Europe is stagnant and we are upset that service revenues are up 16%. If service revenues were flat or down then I could see the downward price action but it is apparent that someone is adopting the product.
I'm not sure who is going to be buying million dollar machines when the economy sucks and the euro and ruble are in free fall.........still, the solid service revenues are indicative that the technology is being adopted.
I guess the emphasis on customer satisfaction is a big positive and would agree that it is way oversold here.
Right each subscriber is valued at $700 per subscriber and that seems awfully high.
If you subtract out DVD rental income then Netflix would have lost $50 million....... the reason the stock price is growing is due to streaming but the dying DVD rental business is saving them.
Hopefully, the Fed delays the rate increase in order to help out American companies and workers. Any rate increase at this point will only further strengthen the dollar and aggravate export sales.
Reading the CEO's bio, it sounds like he is an accomplished guy with a solid background. Unfortunately, his rendition of "How I spent my summer" didn't come across that great. He's only been there for a month but I'd rather hear about the changes being implemented versus on how he is learning about the company.
Where a lot of their sales are dollar based, this stock should benefit from the dollar/euro ratio. Their US business is basically a monopoly and sales won't be impacted by currency issues.
When both TGH and TAL are reporting tepid demand, you have to question the overall economy. Weak steel prices also aren't a good omen.