Altria Group, Inc. today announced that it is commencing a cash tender offer for any and all of its senior unsecured 9.700% Notes due 2018 . Altria expects the tender offer to reduce ongoing interest expense, its weighted average coupon rate and debt scheduled to mature
from.....http://www.consumeraffairs.com/cell_phones/fairpoint.html (Go to site to read more)
On 11-28-14 I reported my phone and internet out of service, was given a ticket with commit date of 12-5-14 for clearance. On 12-4-14 a repairman came to our home at 5:15 and said he knew the trouble was not fixed but would be back the next day at 8 AM to fix. He never returned and never called. Then the ticket was closed out. I called again afternoon on Dec 5, found out the ticket had been closed out, was furious, spoke to a supervisor who issued ANOTHER ticket and assured me that even though it was committed for the 10th she would escalate it and do everything she could to get it fixed before then.
On Dec. 10th I called again at 10 AM and was informed that the SECOND ticket was closed out as cleared on December 7th. You can imagine how wild I was, especially when I asked why they wouldn't have contacted me to see if my phone was indeed working. "Because they have equipment they can run to test the line and so if it looks good they just close out the ticket." Are you kidding me? They have a simple test set that if they had run a test on the dial tone I currently have they would have seen it IS NOT MY DIAL TONE. I'm about hit the roof. I then said if the phone is not fixed by 5 PM tonight I am cancelling my service and switching to COMCAST. They actually issued another ticket. I have no idea if it is going to get fixed, but I do know I am calling COMCAST if they do not fix it. Absolutely ridiculous. I have called the PUC and am calling the Governor's office as well.
Sentiment: Strong Sell
There many thoughts as to what makes the unit price fall, when I look at the volume of trading and the stated reasons I have to believe it's the chicken little effect, and creates a great time to add to ones position. Great return also.
jimmy keep up the good work, the trouble index is up over 250% how much of it did you create?
Sentiment: Strong Sell
Been in this for a while now, sure has been a good ride. My hope for the future is that the new shares helps to awaken some more new interest. Don't you just love it when bread puts bread in your pocket. GLTA
I listened to the call and really don't understand the near 20% drop in unit price. Volume low to normal makes me see this as a knee jerk reaction with little to no merit. I've been in this a while (37 ave unit price) and have no reason to think this is not a great time to add to one's position. arbtrdr do you or anyone else have any insightful comments?
There are presently 10,000,000 shares of preferred stock. AGNC is asking for a vote of shareholders to release another 10,000,000 shares, and your vote needs to be in prior to 6/28. What will the addition do to the price of this position?? From the meeting held earlier today.
Sold my entire position this AM for 35.92, it's been fun but exasperating at times as well. Time to step back and see what the next few days, week or months have to hold. Good luck to all. Maybe those DOW solar shingles will take off soon, but I'm not going to hold my breath. TTFN
And all of your horn blowing is of value to whom? Most people listen because they know that it is their turn to talk next. You talk, because you like to listen to yourself.
From what I see the Carlyle Group is buying 2000 RR tank cars to transport crude from the Dakota area to Philips and is negoatiating to also supply Sunaco's refinery in Philly. If my assumptions are correct 2000 rail tankers should have about 1.05 million barrel capacity. the logistics would be something like 100 cars a day with a 20 day turn around. it's a lot to offload but could be done. dedicated transport might allow for a faster turn around and I am sure the rail folks will be more than eager to strike a deal.
Anyone have any info to share?