Concerning the Romanian steel companies. Do you know how much debt these companies carried? I recently read that two of them are insolvent. I'm trying to figure out Mechel's current debt level after they sell their ferroalloy business to Glencore for 300-500mil. I know they recently bought a port and plan on selling electricity assets in Bulgaria which is a money loser.
Steel is Mechel's largest asset then mining by revenue, but is also the biggest money loser.
1. What are their earnings estimates and chance of bankruptcy?
2. Do preferred have preferred liquidation rights?
3. I believe they have a B+ credit rating. Does anyone know the dates the bonds are due?
I have made money following your trades plus I have strengthened my writing by reading your posts. In addition to these two things, I used your style of writing to get a date with a chick- so you supplied me with a date and money to pay for the date. I thank you Sybil.
Delsol plans to off his virtual corpse with two silenced shots to the head and this is his goodbye to you.
You will be the same one howling and bawling when this goes to 0. I told you MCP was garbage- hows the 30% loss in two days treating you douchbag?
Its only $139,000. IF you think $139,000 is a big shot, then you don't know what a big shot is douchbag. IF you knew anything about trading you need at least $2000 to short stocks because you need margin. You are broke, stupid, and shouldn't be trading. Log off your computer and go drool in the corner like a #$%$ like you usually do!
Bagholders- I honestly feelz sorry for theze poor fvckerz, they are just little lambz trying to navagate the open wild while surrounded by wolvez.... They wont be slaughtered, oh no..... They will be devoured, eaten alive... Disembloweled by wolvez at the gut while they scream and bawl.
HOLLA BAGGIES! Thanks for buying my shares at 48 today. I will be sure to cover tomorrow when this pig gets slaughtered. And I will give you another shout out.