the fl gov is in LA looking for customers for that states newly dredged deep water (+50 ft) ports. the Panama Canal will soon open up to the maga ships allowing entry past the LA port and its union stranglehold on this nations shipping.
yeah and than anr aci wlt will all be bk and off the stock markets. will they still be around to sell coal to btu's customers?
like x ceo is
dumping inventories and assets - its desperation time. - margins heading for paper thin
True contrarian value investors and followers of graham will act when ANF hits $10 because its than at half book value and graham says thats the "margin of safety" see below from wikipedia
"Using margin of safety, one should buy a stock when it is worth more than its price on the market. This is the central thesis of value investing philosophy which espouses preservation of capital as its first rule of investing. Benjamin Graham suggested to look at unpopular or neglected companies with low P/E and P/B ratios. One should also analyze financial statements and footnotes to understand whether companies have hidden assets (e.g., investments in other companies) that are potentially unnoticed by the market.
The margin of safety protects the investor from both poor decisions and downturns in the market. Because fair value is difficult to accurately compute, the margin of safety gives the investor room for investing.
A common interpretation of margin of safety is how far below intrinsic value one is paying for a stock. For high quality issues, value investors typically want to pay 90 cents for a dollar (90% of intrinsic value) while more speculative stocks should be purchased for up to a 50 percent discount to intrinsic value (pay 50 cents for a dollar."
Tobacco use leads to disease and disability.
Smoking causes cancer, heart disease, stroke, lung diseases (including emphysema, bronchitis, and chronic airway obstruction), and diabetes.
For every person who dies from a smoking-related disease, about 30 more people suffer with at least one serious illness from smoking.
More than 16 million Americans suffer from a disease caused by smoking.
Tobacco use is the leading preventable cause of death.
Worldwide, tobacco use causes more than 5 million deaths per year, and current trends show that tobacco use will cause more than 8 million deaths annually by 2030.
Cigarette smoking is responsible for more than 480,000 deaths per year in the United States, including an estimated 41,000 deaths resulting from secondhand smoke exposure. This is about one in five deaths annually, or 1,300 deaths every day.
On average, smokers die 10 years earlier than nonsmokers.
If smoking persists at the current rate among youth in this country, 5.6 million of today’s Americans younger than 18 years of age are projected to die prematurely from a smoking-related illness. This represents about one in every 13 Americans aged 17 years or younger who are alive today.
Costs and Expenditures
The tobacco industry spends billions of dollars each year on cigarette advertising and promotions.
$8.4 billion total spent in 2011
Almost $23 million spent every day in 2011
Tobacco use costs the United States billions of dollars each year, including:
More than $289 billion a year, including at least $133 billion in direct medical care for adults and more than $156 billion in lost productivity
$5.6 billion a year (2006 data) in lost productivity from exposure to secondhand smoke
All figures and facts from the from the Feds own CDC website, Hear of anybody dieing lately of inhaling coal smoke.The Feds will give up trying to kill coal.
agree. short covering prevented it from falling 50%. LL will still be under $20 soon. a really great short here.
remove them immediately. keep all receipts, bill of materials etc for filing a claim on removing and replacement of floor. no one knows yet how this may end. join a class action and short the stock if possible.
really. try to sell a house with that #$%$ in it. all the buyers have to do is add 1 line to the sales agreement about formaldehyde flooring compliance and if the seller defrauds the buyer he's going to jail.
don't blame the Chinese. LL is the heinous environmental criminal organization here.
According to the LL CEO Sullivan thats correct. But the testing labs 60 Minutes used don't.
yes i agree i was absolutely floored (no pun intended) by how open and honest the Chinese were to both the undercover buyers and the news media. it's surprising.
hmmm must save on the undertaking costs