Mine very near each other according to 10k's in similar seams and height. Big thermal position to sell next year according to latest quarter. Coal segment gonna shutdown and drag on earnings from here on out. Could cause divi cut??? More bad news to come. IMHO.
Sentiment: Strong Sell
I'm really surprised they didnt announce layoffs on the coal side. Sales price is way below their cost to produce on all the unsold thermal tons. They will have to shut down and take a huge hit eventually. I'm guessing we're back in the $16 range once it goes ex-divy.
You win this one. I had my chance to get out with large profit and got greedy. Oh, well. Got any stock ideas for a long licking his wounds?
Geo was what I meant by the Seeking Alpha comment. Hit piece. The rest of your comment makes no sense to me.
Hope your right, but they're not in at 25 cents, somwhere weighted between. May have decided they are out by Friday no matter what and just making sure it's no worse than $1.75. If the hit piece is good enough, we could see $1 in a day. Me personally, I'm in either way at this point. Money I can afford to lose.
Why else would anyone buy 5600 $2 puts at a price as high as 25 cents that expire on Saturday? I'm long, but LLEN has been such a disaster lately, I'm sure the IronRidge debacle has got some of the big holders saying bye, bye.
Colorado based? Power out due to flooding? Be they show back up as things settle down out there.
Sentiment: Strong Buy
One of the first investments done by the firm is a USD5 million financing project for L&L Energy Inc. The recipient is a publicly listed and traded company on the NASDAQ Global Select Market. Its main business is the production, processing and sale of coal in China. Included in the agreement would be the payment of RMB25 million to Guizhou Qian Hong Mineral Resource Consulting Services Co Ltd, which is based out of Guiyang, China, for the supply of coal to L&L Energy.