Been a holder for a long time too. Can't blame Russ and Co. for all ills. Price of copper and other commodities have tanked since the Great Recession of 2009. Look at all miners and commodity producers. All have tanked. Changing to an inexperienced team is a bad play.
Won't let Russ and Co. off hook though. They failed to deliver on New Prosperity, not once but twice.
I was just looking at Affrezzuser's list of prescribing doctors and noted that he has 93 doctors listed. It was curious that California has the most doctors at 30 doctors prescribing, followed by Florida with 12 doctors. California has always been an early adopter State, and the trend there may help us understand the dynamics of launching this drug. We still have a ways to go, but California may be a good indicator of things to come.
Seems like a good premium, but lets the short game continue. I also read that there is danger in default, especially if the lent shares jumped quickly and the collateral at current price cannot cover a huge jump in price.
Just got an email from my brokerage house wanting to lend my MNKD shares. Interesting way to get more shares into the market for shorts. Anyone else get the same request?
I would say that it depends on the synergies involved. It would make sense to buy the whole works, but if you are a fertilizer company such as TNH looking to expand, you may not want to or have the know-how to get into the petroleum refining space. Anyway, it's all nice speculation until it actually happens.
If the offer is good enough, it will sell. Investors are in it for a return. If a sale produces a better deal, then why not?
TNH is a fine company. I think going forward, with increasing natural gas prices, UAN will have an advantage using PET Coke. Also, I think UAN is a great acquisition target; especially for a fertilizer company wanting to expand into using PET Coke.
I have read earlier this year that urea prices might increase due to the conflict in Ukraine. Since the crisis, natural gas from Russia must have been curtailed or prices increased. Can anyone knowledgeable on the subject comment on where things currently stand?
Prosperity Mine on MP's bucket list
By Monica Lamb-Yorski - Williams Lake Tribune
Published: October 17, 2013 4:00 PM
Updated: October 17, 2013 4:49 PM
Wednesday’s throne speech sets out a path for the next two years, said Cariboo-Prince George MP #$%$ Harris.
“Our government is continuing to concentrate on creating jobs, it’s a priority for the prime minister,” Harris said Thursday.
His riding has one of the lowest unemployment rates in Canada, he added.
“We’ve all been through the pit of the depression and come out stronger than ever.”
Attributing the recovery to the spirit of the people living in the region, Harris also credited the federal government for investing hundreds of millions of dollars in the region in both infrastructure and spending that created jobs.
“In the throne speech yesterday the prime minister spoke about the $70 billion infrastructure commitment our government made with the economic action plan,” Harris said. “That’s still got a ways to go. I think somewhere around $50 billion has been spent.”
Harris also said the New Prosperity Mine is on his bucket list and he plans to keep fighting for it to open.
"I really want to see that mine up and running," he said. "I truly anticipate that the environmental review panel is having a very careful look at the proposal and seeing that Fish Lake is not an issue in this proposal."
Taseko Mines is spending additional million of dollars to save the lake, he added.
The mine's development is essential to the economic growth of the region and more, Harris insisted.
"The skills traini
I got in at a low price and I look at every dividend payment as a reduction in my original purchase price (as this is how the MLP works for long term investors). If the stock drops a lot, you can lose money. But as time goes by, your risk to initial principal becomes less and less. At the current price, it is not a bad entry point for long term investing, as long as the dividends keep coming. And if the stock returns to the all-time highs, your yield will be based on a low purchase price. At over $2 per year in dividends, this is generally a $2 annual reduction in your purchase price. So if you buy at $19.50 today, your purchase price will be $17.50 a year from now, provided you did not sell. In 9 to 10 years, your original basis will be zero.
I am new to the fertilizer game. In your area, at what times of the year is nitrogen fertilizer bought and when is it used? Is it bought and used throughout the year? Also, what crops require heavy nitrogen use?
NBG had a stock redemption on 10/25/10 that is reported on the 1099-B. Does anyone know how to file the tax for the redemption? Is the whole amount reported on the 1099-B taxable? Is there a cost basis that can be deducted to figure the capital gain or loss? Are there a number of stock shares calculated for the redemption? What would be the stock aquired date?