in the SEC filing, and he wasnt a major share holder in the May report , he never own shares before, i can only put up so much of the report and as everyone else we put up the amount of shares along with the percentage of ownership
Hello Brenda good call on MHR, i have been watching it, it opened to high for me to jump in, i was hoping it would fall back some, if not this afternoon then maybe tomorrow, good luck if your in it
Fitch rating upgraded Senior Bonds for NBG last week and considers them safe,,,,,,, Fitch upgraded the state-guaranteed long-term senior debt ratings of National Bank of Greece (NBG)and Eurobank Ergasias (EGFEY) to CCC from CC.
Additionally, Fitch affirmed Eurobank’s state-guaranteed short-term senior debt rating at C.
The agency said that the move was directly related to its Greek upgrade earlier this week. From the press release:
The government-guaranteed debt issuances are senior unsecured instruments that bear a full guarantee from the Greek state. Fitch rates guaranteed debt at the higher of the senior unsecured debt ratings of the issuer (‘C’ for both NBG and Eurobank) and the guarantor’s Long-term foreign currency IDR. We have no reason to believe that these guaranteed programmes and issues will be treated differently to other obligations of the Greek state.
DRYS is a well known shipping company, but they sold their ORIG shares and has a lot of debt, its a risky stock and has a large amount of shares, FREE is a gamble but a far safer gamble with only 2.1 million shares and 500,000 shares in float with far less debt compared to DRYS, its just no one knows about FREE
They always make the news on banks as uncertain before the stress test release which gets people in the panic selling, i am averaged in at 3.69 a share, with rating upgrades and ECB allowing the Deferred tax assets allow i am not taking any chances, i wanted to buy in since the market selloff, i also believe it ends well. I dont see preferred shares dropping below 3.50 a share anymore, this was buying opportunity time, good luck
that must be you buying after hours like yesterday all the way to 50 cents, did that fuku
Yes everyone go long buy all day tomorrow and next 2 weeks, get oil up to 55 a barrel, i will be on the sidelines to make a decision if i should go long or short once it hits 55 a barrel LOL
USO did all most 3 time daily volume and DWTI couldn't do a double, they did 1.5 times daily average, i am curious how many are hanging on or doubling up.
Red will only get respect when he respects others, i have told him that before. I bought YNDX and Red isn't even on that board, but look what he puts up,he cannot be trusted, and when you try he turns on you in a different manner,,, powerofsiberia • Aug 24, 2015 3:51 PM
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I think I'll wait for $5's. YNDX is nearly at my buy price of $6 also.
Now Brenda, since you read a lot of Reds posts, he said he never shorts a stock but claims he shorted NBG at 4 dollars to 60 cents, since he trusts you have him show you the short buy and when he covered, if he wont, then you should think twice.
In accordance with NASDAQ Marketplace rules, the company has a grace period of 180 calendar days, which expires on January 12, 2015, to regain compliance with the “Minimum Bid Price Rule”, by maintaining a closing bid price of at least $1.00 per share for a minimum of ten consecutive business days during the compliance period.
If the company does not regain compliance by January 12, 2015, NASDAQ will notify the company that its common stock may be delisted.
FreeSeas has 45 calendar days to submit a plan to regain compliance with the Equity Standard Rule.
The company believes that it has already achieved compliance by virtue of the capital increase effected on May 28, 2014, following the successful closing of its $25 million public offering, which will be reflected in the unaudited interim financial statements for the six months ended June 30, 2014, which the company expects to file within the next month.
The company has been struggling with debt over the previous years, that was three times the value of its assets, reaching USD 90 million. The recent period has seen the debt considerably reduced, as the company was able to raise capital on several occasions, scaling back to a total of USD 23 million.
On May 30, 2014, FreeSeas paid $22.6 million in full settlement of $37.6 million of debt owed to Credit Suisse using funds from the $25 million proceeds of the company’s sale of the Series D Convertible Preferred Stock and Series C Warrants concluded on May 28, 2014.
Upon receipt of this payment, Credit Suisse canceled the remaining debt of $15million owed by FreeSeas and its subsidiaries and the bank executed and accordingly delivered the Waiver of Debt and Deed of Release and Reassignment, which included the release of all first preferred mortgages, general assignments of collateral and charter assignments relating to the company’s vessels M/V Free Jupiter, M/V Free Hero and M/V Free Goddess together with each vessel’s release and reassignment of insurance.
The European Stability Mechanism -- which provides financial assistance to euro area member states experiencing financing difficulties -- will be responsible for distributing this cash, if banks fall short of minimum capital requirements.
But no disbursement is expected for now as banks are seen maintaining adequate capital until the full 25 billion euros outlined in the rescue package agreed between Athens and its international lenders are available, one source said.
Greek banks, closed for much of July, have been kept on a lifeline by the European Central Bank and are limiting cash withdrawals to a weekly 420 euros per customer to prevent a run. But they have built up a 5 billion euro liquidity buffer thanks to capital controls, indicating confidence is returning.
odd is how you pretend to protect Maria then bump up a post over 2 months old, and you are the only one that replied to this post, whats your real purpose?
He said it on the DRL board, and not once did he ever mention shorting NBG, remember shorting NBG at 4 dollars like he said would have been June of 2014, even in his replies he never mentions shorting any short other then NBG a couple of weeks ago, now you expect Maria to trust you. You need to stop protecting Red`s lies
Yes pump oil to 53 a barrel then it tanks again, and contango will eat away and you will need 75 a barrel oil to break even. and the best news is we save the frackers, isnt that great ?
Oil futures added to gains after data from Baker Hughes BHI, +1.04% released Friday showed that the number of active oil-drilling rigs edged higher, but the total number of active rigs fell. The number of oil rigs rose 1 to 675 as of Aug. 28. The total active rig count, which includes natural-gas rigs, was at 877, down 8 rigs. Compared to last year, the total rig count has fallen by 1,037, with the oil rig count down 900. Oct. crude CLV5, +6.98% was up $3.22, or 7.6%, at $45.78 a barrel on the New York Mercantile Exchange. It was trading at $45.42 just before the data.