MTLQU is slowly sinking too.
I almost sold at $26, now it's almost down to $25.
I have no idea what if anything is going on in the courts about wrapping up this cluster puck !
Wait for it to drop to $8 again.
Chairman and CEO Herbjorn Hansson has been issuing more shares for years to pay the dividend and buy more ships that usually operate at a loss.
In a statement to the SH's this morning he said, "We are now entering a period in the tanker business during which we can expect that the supply of ships will shrink; i.e. an improved balance between supply and demand may be established. It is many years ago since we had such a position," Hansson said. "The recent volatility in the spot market is also indicating a tighter balance between supply and demand."
I've heard him say that on Mad Money for the past 3 years, and read it in other letters from him and in interviews.
We'll see if it ever gets back up to $22.85, which is the average price per share of my remaining shares.
I'm not holding my breath !
The latest from Reuter's -
BERLIN, July 3 (Reuters) - German automaker Volkswagen on Thursday denied rumours that it was planning to bid for U.S. truck maker Paccar(PCAR) next year.
A note by Singapore-based Bernstein Research analyst Max Warburton published earlier on Thursday quoted Daimler Trucks Chief Wolfgang Bernhard as saying that VW was preparing such a takeover bid for 2015, citing "serious, multiple sources".
A spokesman at VW's Wolfsburg-based headquarters "clearly" denied the rumours.
They were probably options, but the SP was the about same on the open market.
Are they coming out with a great report on July 31?
I'll sell when I'm sure that the losses won't hurt my income on my tax returns, in case I want to apply for a loan.
No matter what the price of MTLQU and the "B" warrants are, I'll have a huge loss because I had sold all of my GM common and "A" shares in 2012, and showed a zero cost base so that the proceeds from those sales were completely taxable profits for 2012.
I needed that extra income on my tax return that year just in case I applied for a loan in 2013.
I've seen your posts.
If there is no value in MTLQU, why are people paying 27 to 28 dollars for it ?
Maybe you don't have all of the info in correct context?
Do you own any?
I'm so lonely,
lonely and blue,
I'm losing money,
C is worth more per share than BAC.
C has more cash than debt, while BAC has more debt than cash.
I'm not worried either.
Maybe after a 2 for 1 split sometime in the future?
Shareholders should complete their panic selling tomorrow, if they haven't done so today.
I was looking at both BAC and C, and decided to buy C today at the close.
SFTBF/BY also owns 37% of Alibaba and is invested in Sprint, which may merge with T-Mobile making it one of the Big Three largest wireless companies with ATT and Verizon.
SFTBF has its hands in many businesses, where as Yahoo seems to be starting to falter again.
I'm trying to decide on whether to invest in SFTBF or BY.
I won't touch Yahoo !
Good Luck !
- Yahoo! Is Not the Way to Go on Alibaba -
Change the two words PERIOD into a period dot.
06:42 AM EDT, 03/24/2014 (MT Newswires) -- Symantec (SYMC:$18.20,00$-2.705,0-12.94%) is just higher in early Monday pre-market trade after BMO Capital Markets raised its rating on the stock to oOutperform from market perform. The firm set a $22 price target
Sentiment: Strong Buy
Sentiment: Strong Buy
What do you mean Bar Date ?
Why do you think that judgements against GM won't be directed at MTLQU ?
They have no recourse against the New GM, and this is all that is left of Old GM.
Please list the alternate news sites and/or Finance sites.
Yahoo just keeps getting worse, as the love affair with the girl-wonder CEO turns sour.
Happy New Year !