you need to jump out the window. Yeah...they don't have computers out of the country. Shut the #$%$%kup with that #$%$ silver. Make sure you are at least 3 stories up......idiot.
the pink sheets are for little scam companies....not actual operating industrial companies. Sure...it may end up there and trade for pennies for a year or so before fading away....as so many do, but who cares. They either do BK and then a name change like they have twice....Jim Walter to Walter Industries to Walter Energy. Next? I would bet Walter Coal. If they turn it around somehow, then I would imagine they will do a 1:10 reverse split like everyone else (citi, AIG, etc....) to get stock back above a buck to stay listed on the big board.
If I would have just bought right after each of your posts wellptboy.....I would be rich. Do the opposite of you.....that is the ticket to success. Is the rest of your life like this? too funny. what a schmuck.
Yep. they have a little cash to put in their pockets first. Not only is the common worthless, but so is the debt. Their assets are worthless Amazing they paid billions for this same stuff just a short while ago. Truly amazing. The definition of incompetence.
OK....clearly they are going to run others out of the business by pumping out production and keeping prices down. Goodbye WLT. Rio and Vale....hope you guys got deep pockets. Going to need some buyouts or consolidation.
a combination maybe? They could take this private pretty easy, especially if they find out ahead of us about the renewable volumes and future tax credits. Like playing with one hand tied behind our backs. I think I am going to look for an opportune exit. Opportune?? Is that even a word??
Not just here, but most stocks and message boards. Even the pros watch a bit too close sometimes. The world does not change day to day. I imagine REGI picked up some more shares in their buyback if they had not already done so. Oil prices moving up along with Ultra Low Sulfur Diesel so all good. RFS is interesting. Most of what I hear is related to ethanol. Hear very little on the bio-diesel world.
The problem with all this govt. intervention is it makes this stock ripe for insider info. (lobbyists).
Oh yeah.....Happy 420 from the Northwest!
no problem. I actually like reading your posts....and Odialt. Sometimes I overly defend big oil since I used to be a petroleum engineer for big oil. Not all "big oil" people are the same of course, just as not all beers are the same. All the geo's and other scientists were pretty cool people. Not so much the bean counters. But anyway........back to beer. I like a nice west coast style dry IPA with Citra and Amarillo hops.
that would be the "obvious" conclusion after looking at what happened last quarter. It dropped to $5....back up to $8 for next divvy, down to $6 due to others seeing this same trend....now on way back up to $8 before divvy......but we all see that. My guess...and its just a guess like everyone else, is smart money gets out before then because the divvy will not be as big and going forward will be much worse as their $88/bbl oil hedges are coming off in the next few quarters.
Point is a trend can never be a trend because others see the same thing and act accordingly and everyone wants to be in at the low and out at the high. So lets see what happens. Is it worth getting in now for a 50 cent upside and risk a drop of $3? If I got in at $6 I might hold for that huge divvy and acquire even more stock back down again in the $5's. I sold all my stake for the record at almost $12 and am sitting on sidelines watching..........waiting......???????
There are no earnings. Sell the story....quick. It is over. Bankruptcy is a positive outcome for them...that is why they take that path. Not positive for you or any other common stock holder. Ever wonder why the insiders own almost no shares? Think about it. Why are they not loading up at these prices? You are about to find out. Do not let the MMs suck you in with this little pump....before the dump. Buyer beware.
at 67 cents. You can buy back tomorrow or day after at 60 cents. Not that I would.
favorable to big oil?? After being sued by them, you think the EPA will favor them? Have they ever? Even with an oil man as president (George Bush), he put in this standard. No, I do not think it will be favorable to big oil....whatever that is. By having to blend renewables into their fuel and then sell that fuel....well.....what would be favorable? All they want is for EPA to get off their lazy white collar fat rear ends and write down the volumes required. No excuse for that. How long would it take someone to do that? A day? Big oil is not asking EPA to reduce the volume, as it does not matter to them what it is.
sorry will......after reading your post again, I see you are not saying to stick around and collect divvy. Yes, it has a $2.50 upside.....but we are here now. It has a little bit left but you better find a seat when the music stops.
have you not been watching? The way to play chkr is to buy after it has severe crash after paying huge divvy. then you need to sell it before huge divvy. You stick around to collect that divvy....you will lose. That has been the trade and will continue....with a slight shift in timeline as everyone knows this is the trade. Need to be exiting this stock this week.
at this point I am just hoping for a buyout from a big refiner......assuming the EPA ever comes out with their new RFS volumes for this year and the future. Lots of lobbying going on that we are not privy to. Low ULSD prices and not that low feedstock prices have margins suppressed, even with RINs at 82 cents.