CREE has been in the automotive lamp business for a while, both for OEM and retrofits. They also are not a light bulb company, they are a semiconductor company which has many arms. I haven't seen much discussion on these points in the professional comments or on this message board, but there are more ways to make money than everyone is thinking about.
Understood that until the turned back aircraft are released there will be a loss in profits, and that world commerce has not picked up, still this activity is not at all clear. Anyone have cogent thoughts?
Well we have no clue as to why volume and price are going up, as you say, but without an auditor report soon this is still a fraudulent enterprise. We should worry that the Chinese government cannot pay its bills to CVVT as well.
This is weird. He bought (or got) shares back in 2013 when he became an insider with 5% of outstanding shares, and now he is up to 6.2%. He is not listed as an insider, although he is. He has worked as for a major investment broker, and now he doesn't. What does an independent director for a small pharmaceutical company do? And how much does he make?
VZ bought 45% of its own wireless business from VOD. Now VZ owns all of Verizon Wireless. VOD still has a thriving wireless business elsewhere in the world. The profits from the wireless portion fuel the dividends for the company. There is no dilution of value or increase of value per share because the new shares cover the new portion of the business (or attempt to). Now VZ has to continue to shed land line service and pay off its debt with the wireless profits.
The thing is TNK is not running its own business. They are at the mercy of TK, which is doing well. I think TK will do something to benefit its owners and not the stockholders of TNK.
I think this should apply to all companies, not just AAWW. The usual BS explanation is that this way the management can be a participant in the company's advancement, and if the stock doesn't advance their options lose value. I think they make enough salary to buy their own shares.
I agree this is a super overreaction. Basically British Airways is giving up an entire segment of its business. One problem remains, however, and that is that the 747-8F is really big and to fly it less than full is not a good idea. If world business is in a slump smaller freighters (say with only two engines) would be more efficient. It may be hard to place these three 747s for that reason. However, again, if the cancellation fee is big enough, and they are able to place the freighters in a fairly short time, this might actually boost the bottom line.
Agree, that it is disconcerting to see this activity. I think people are bailing to lock in their capital losses. Some are probably just giving up. It is still a little early to expect the auditor to have finished their investigation. I suppose when all the corruption is finally exposed there will be a drop before people will give their trust to this company.