Value Line has had that same opinion on LSI for the last seven years. And the stock has basically gone nowhere.
Don't think you're going to see an earnings report. The last information on the HMA investor relations is a post of CHS's earning report, where they say..."The Company and HMA amended their merger agreement on September 24, 2013 to allow the new HMA Board of Directors to retain additional financial advisors to assist them in evaluating the merger. Once this evaluation has been completed, the Company expects to have a registration statement on Form S-4 declared effective by the SEC. HMA will proceed with mailing its proxy statement and the shareholder vote. As we have stated before, we expect the transaction to be completed in the first quarter of 2014."
The definition of essential for federal government functions: Minimum number of employees required for continuation of security and economic viability of the nation. In other words...National Parks employees are not essential....most Dept of Education employees are not essential....many of the HUD employees are not essential. Many secretaries and clerical workers are not considered essential, as are janitorial staff. But over time, an organization needs these types of people to operate efficiently. One Depart of Defense Agency that I'm aware of designated 17 employees out of a total of 2500+ headquarters employees to be essential; most of the day to day tasks are performed in the field. Usually the essential designation thought as...what is necessary to operate for a limited period, normally two weeks....think of it as an emergency period.
You mean you pay attention to ZACK's??
Interesting about the XL pipeline. This oil is going to be produced, and either pumped to Canada's west coast or east coast, if the XL isn't put into place. From where it will be sold to Europe and Asia. And of course, shipping it will cost more and cause more environmental damage due to emissions from ships.
Some will come to the US...via rail. Which do you think is more efficient and less environmentally damaging...moving the oil by pipeline or by rail. (BTW, Warren Buffett is delighted that it will move by rail....since he owns most of the railroads in the area.)
Let's see...it was up to $17. Does the board really think its only worth the $13+? And why are they moving so fast??
Two - three years ago I decided the banks were not going to be allowed to do business as they had before. The implication was that they wouldn't be able to take the risks and provide the funding for medium and small business that they had in the past. I decided to look at alternative financial organizations, so I loaded up on BX, KKR, and ACAS. All of my investments have doubled; BX and KKR have paid some big divies. With the announcements of further restrictions on banks, I've decided to continue to hold onto those investments; I bought some more ACAS when it dropped into the 11's. I think all of these will double over the next five years, and I expect ACAS to start paying a divie in 2015.
I don't think they ever paid $6. How many years ago was it a $30 stock??? How many other companies went way down due to the financial crisis??
In two years, it may be a $30 stock paying a 5 - 10 % dividend....
One question...why now?? Based on the first quarter results that were reported on April 30?? That's a bit of a delay.
I've been holding off adding to my position, waiting for the stock to continue slide. I have a price point somewhere south of here....