Crazy growth in China and Australian floods. Not likely to repeat but doesn't mean you can't make 300-400% on this
you know, you'd have more cred if you didn't have that stupid name. You just look like another troll. State your bona fides and rationale
Hey, moron. Plz splain to us how you heat your house with steel rebar. And then get lost.
here's an excellent analysis from someone who is obviously a professional
aps55555 • 2 hours 54 minutes ago Flag
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They have at least 18 months before their cash balance drops to below 200 million with 120/ton met pricing. Met price went from 143 to 120 in one quarter. Imagine it goes upto 143 in the next several quarters due to supply cuts and demand growth, then the Company can wait out for 4-5 years. Imagine it goes from 120 to 200 in one quarter like 2011 then the Company will have 900 million in ebitda and 6 billion enterprise value and WLT will be over 50 dollars.
I see a huge risk being short at this price.
It's not tanking. It's being walked down on low volume to render the 3 strike calls sold on the DB upgrade worthless. Come on, don't look for confirmation bias. I agree, it's going down maybe into the 2s again next week - that's your chance to get back in.
well, for starters, none of them are really short because the stock has been unborrowable for weeks. And the put premiums are ludicrous. No way to make anything on those. What you have is a bunch of unhappy people who already lost and get their rocks off seeing others lose
you can tell that most of the "traders" on here have never seen a real bear market bottom before. Classic funny panicky comments
I bought Ciena in 1998 on the panic selloff from the LTCM blowup. I can't remember at what price but it was in the single digits. Two years later, it was 200
Classic panic bottom. No idea where but probably under 3. All time low is 2.91