Too funny dfaduke, just so I do not get you further confused Romney won Wyoming 69% to 28% with no voter ID! Also less than 1 percent of Wyoming's population are illegal immigrants, talk about getting your facts straight. There are tons of states with voter ID requirements that did not vote for Romney, maybe if you limit to photo IDs you will get a little closer to the truth.
That's surprising cause I never would have thought Obama would win in Wyoming. You might want to recheck your facts. The current national voter ID requirements (HAVA) were passed by a Republican controlled Congress and signed into law by a Republican President so if you have a beef about the requirements I suggest you take it up with them.
Out of the 12 worse states by rate of poverty 10 voted Republican in the last election, unless you have a different means of measuring "lower class Citizens" if so I would be interested in hearing it.
No the scandals are what happens when you have a political party that is desperate to take back control of the government. Benghazi - what is this now almost two years that the Republicans have been trying to get traction on this one, the news organizations couldn't get the Boston Bombings correct for days and they were standing there with cameras, never the less Libya a half a world away. AP wiretaps - If I recall right it was the Republicans and George Bush that pushed the Patriot Act that gave law enforcement a lose leash in regards to collecting information in the name of national security in the process stomping on the Bill of Rights, glad they found religion. But now it is an atrocity. IRS scandal - They had a bunch of politically active organizations that were openly stating that they were going to change the political landscape in upcoming elections apply for tax relief, of course the IRS should scrutinize the groups and determine if they were eligible, unless of course we are now promoting political activist welfare along with social and corporate welfare. I am still interested in your definition of "lower class Citizens".
The only good thing about all of these trumped up scandals is that Congress has it's self preoccupied with them and thus not screwing up something else such as the economy and the markets.
Better to have Congress running with the "scandals" than doing stuff that screws with the markets and the economy.
I read the transcript and what got my attention was when Rogers of DA Davidson asked about financing and whether or not equity was being considered and Van Welch danced around the question.
zorromoron, your post was certainly supportive of those in Boston, I am sure they appreciated the compassion and reassurance you expressed.
rabies, get your facts right, there was no gun registry as part of the bill, it actually prohibited it despite what the NRA and others may have wanted you to believe. David Addington, Heritage Foundation, "the new proposal prohibits a federal registry".
My guess is that a lot of the shares being sold yesterday was the MM(s), over a third of the volume yesterday was short. If that's the case watch the stock slowly float down as the MM(s) covers. I'm long so don't get your shorts knotted.
I am sure this was a good day for the MM(s), sell the heck out of the stock and then work it back down to cover.
Nice! Up 48% premarket on 2100 shares, at 1.74. Man I feel sorry for whoever sold tose shares the other day at 48, probably some one who did not think and put in a market order and got skinned.
They should pay off some debt before any dividends. The more important question now is what the shell is going on with this stock today. Either someone knows something or is playing games.
The value of the preferred and the common may ultimately prove to be the same but the fnmas preferred can not be converted to common.
pow, poor analogy, sharks do swim with the minnows in the shallow water, right up to where the waves flow back into the ocean, watch your toes. SWHC is running flat out, they do not have the ability to increase capacity and if they are smart they will not make an attempt to do so, this frenzy will not last forever and they hinted at the same. The best thing this company can do is pay off the debt and then convert their earnings into dividends.
fiberbull, the way I read it each warrant represents 224,000 shares which means the total shares possible assuming the officers invested nothing would be 7,000,000 shares. In that the officers bought some or a lot of these preferred or what ever they are and are exempt from the warrants means the number is less but still significant. Over the last two years management has given itself over 10% of the company's shares in compensation so I guess they aren't really missing out at the trough. If this company proves to be successful with their business and the value of the company and it's stock takes off the warrants will prove to be dilutive.
So the officers need 20% interest to convince themselves to invest in a company that they keep telling us has great promise, are things that bad, or is it they are just that greedy. They have control of this mess, what is their incentive to buy back these securities, my guess is only if they think they will come out better than 20% on their shares if they do.
When did the information came out on Wednesday, if it was filed and released after the close it sure looks to me like there was some inside trading going on at the close.
Someone must have put in a market order Thursday morning and got their head chopped off from the MM at .45, wish I could have caught some of that.
I like the market this company is in and I think there is a lot of potential, but attention and diligence certainly needs to be paid to the foxes that are guarding the hen house.
In the conference call management specificly stated that they were running full out, there is no more capacity to increase production. The analysts' revenue growth from 2013 to 2014 is currently projected to be 1% so based on the article cited above in the next year or so SWHC should be selling at a PE of 10, or a price of 11 to 12 assuming projections are correct. SWHC also has some question in regards to the backlog, some of it may not actually materialize, there is concern that some of the retailors are over booking in an attempt to secure inventory. At some point the buyers of all these guns will exhaust their appetite and sales will fall back. It is probably in SWHC's long term shareholders best interest not to be too aggressive in terms of increasing capacity but to be more focused on paying down as much debt as possible while they can, they are a mature company, their focus should turn to future dividends and they can maximise this by getting rid of the debt .
With that said my plan is to see if SWHC pulls back further and if so I will get back in as a trade.
Obama has as much chance of getting a third term as GW did becoming a Dictator.
"You don't get everything you want. A dictatorship would be a lot easier."
" If this were a dictatorship, it would be a heck of a lot easier, just so long as I'm the dictator," Bush joked.
"A dictatorship would be a heck of a lot easier, there's no question about it, " [Bush] said.
Looks like qbc is a sinking ship, they have 28 mil in current liabilities due at the end of March. The 8K looks like an attempt by the rats to throw themselves a life ring before they are forced to jump.
Not sure if it will work this time but they scrambled door #$%$ on me a few weeks back couldn't believe it.