If they want to stay listed....they are going to have to. Otherwise its over to the bulletin board with them. Less regulation over there, so maybe that's not a bad thing.
best of luck on all that technical nonsense. The recent chart for the last month would say this should go up from near $5.60 to almost $6 as it has done now 4 times. But the company is bleeding. They are losing cash fast and they refi'd the debt at 9.5 to 11%. Do the math. There is nothing that can save this company. So if you are trading in wlt......get out fast if you have a profit. Lets see if she runs up 6% again. That's not a bad 1 to 2 day trade.
Its a company my brothers wife is a drug rep for. They had some issues with the FDA and price has plummeted. You can read the latest story about what is going on......besides the stock price plummeting for the last year with this issue...until today. The stock is Amerin, AMRN. They make a fish oil pill for....blah, blah, blah. Its trading around a buck 70 and change for awhile. Up about 11% today. I do not claim to have inside info......just what I hear from an employee. Interesting....complex, but interesting.
I believe yinvestor, that your 7 posts in a row is a new record. Congrats. I believe you have surpassed me, even though I set the record over at synm. I do like the posts. I am very long in regi. Anticipate a bright long term future. Still, would love to know what they are finding over there at DF.
met coal prices are not rising. Look it up senor. They still have their massive debt and credit card rates....nothing has changed.
well porky.....guess you never have been to an amgen facility. Are they doing nothing? Yes. Actually, that is exactly what they are doing. They are being given early retirement packages that would make bankers on wall street envious. More contractors who have to perform. Smart move. That is why the majority of people approved it....hence the stock price going up.
interesting. What do you think happens to the mandate jkl? Separate comments on ethanol from biodiesel is you don't mind. I am watching ethanol margins go through the roof right now.....amazing as corn has plummeted, as has natural gas. Biodiesel margins not near as good with feedstock flat and USLD down pretty big, not to mention 54 cent D4 RIN prices.
they can and probably will. Bet management is kicking themselves for selling all those warrants (options) to buy all those peix shares so cheap. OH well....they call it a hedge for reason. Pay attention to those warrants.
wait until next planting season. this is a done deal. Lots and lots of corn out there. Most ever. And EPA may lower ethanol mandate. Next planting season, at these prices, what would you plant? Marijuana?
since fresh aluminum oxide, (al2O3) which is used to make aluminum, cost almost zero, as it is produced from clays with large al2O3 compositions.....who cares? What is the big deal? Its the value added that matters, eh? I doubt this is why the stock is down 4% yesterday and today. Might be the battle between Washington and china/tiawan.
You can't handle the truth! What a doosh. Just follow the money genius. Its not here. It may end up with the lawyers or at best with some of the preferred share holders.....most likely to stay with treasury...but never end up with the common. Duh! Its a day trade genius
and I just commented on the earlier post about our Saturday Night Comedian friend Mr. Franken saying the opposite thing. No wonder I stay away from politics. Guess we will find out when we find out. Moving on....
Thanks for the info. jkl. But can the white house do that? I thought it was congress and guys like this. I am not much for politics and do not get involved in all that stuff.....anyone know? For the record, I am for a reduction in ethanol, but not biodiesel or renewable diesel. The difference is that the ethanol damages engines with its oxygen and is water soluble, causing a whole host of issues. Biodiesel as lubricity as sulfur percentages have dropped and increases fuel efficiency and pollutes less. It is not water soluble and has a very high solvency...it dissolves lots of things like carbon deposits. I hope the EPA takes this technical data into account. I suspect they will.
Yep, just like Kodak, Radio Shack, maybe JC Penny, and many more. Its a commodity and its being made cheaper all around the world. Take you money and run. Now would be a great time. By the way...since you stated how long they have been around, pull up the chart...long term for AA....and compare with the DOW or the S&P. Had you held AA.....you are a long term loser. You would be better off in a FDIC insured bank.
excuse me? You seem to be missing the fact they sold the option to sell.....they are called warrants. They hedged their bets. If margins plummet and the stock follows, they keep their money...good hedge. If the opposite happens, then these guys have the option of excercising these warrants at the set strike price. This caps the upside. It happened before. Then they sold more.
Sold an awful lot of options (warrants) with a strike price of 52.5 cents to those same people. For tens of millions of shares. And that is on top of the fact this debt is convertible. For those of you that have not figured this out, they just pretty much sold the company. They capped it at 52.5 cents. But hey....that's a bit higher than were its trading now. So some upside.....about 12 cents to be exact. That's about 32% increase. Not bad. Not bad at all.
You do realize this is an Over the Counter Bulletin Board (OTC:BB) stock trading for a bit over a pocket full of change..right? They have less revenue than me.....and they are down to their last 13 thou in cash. You know that right? You do know that over half of all OTC:BB stocks are frauds and scams, right?? Best of luck to you ladie.
It seems the opposite to me....watching the hiring and scrambling for more labor to get things done. It looks like they are going gangbusters down there in Thousand Oaks. And the stock is up and up....how many biotechs do you know trading at less than a 20 multiple and a dividend? Say what???? I would bet the farm that this stock goes to $200 before it goes to $100.
Like Bezos cares what the consumer loves. He cares what wallstreet loves. Go look at his inside sales on Yahoo the past year.....over a billion bucks. And he still owns 84 million more shares. What is that worth? Yeah.....just keep growing and selling those shares....to whatever suckers out there will buy them. Don't forget, when that music stops.....sit down fast!