The 5.6% unemployment rate is a sham. If you want the real number Look at how many full time people were employed at the beginning of 2009, and how many part-time people were employed at the beginning of 2009. Compare that to the Number of full and part-time workers at the beginning of 2015.
Here is what you will get. Total number of employed will be less in 2015, total number of full time will be much less, and the total number of part-time will be more.
Net/Net in total fewer workers in 2015, more part-time. Another stat that backs this up is that the total number on welfare and total number getting food stamps has almost doubled.
The real unemployment rate is probably around 18-19%.
Actually he is betting it won't go to zero or under .50. If it drops below .5 he has to buy 1 million shares. A put seller , unless closing a position, is generally optimistic about the stock or is confident a floor has or will be set.
Maybe someone, but doubt it would be RAG. They are now managed by the state, have sold almost all their foreign coal interest, and have plans to totally shut down all coal mining ops in Germany by 2018.
Am I the only dumb sucker still holding. I'm in at an average of $3.50, seems like everyone is selling. Where is all this volume coming from. It appears these large short positions are just buying and selling between themselves driving the price down.
All of these shorts and longs talking about value, BK, and going out of business.
Even if ANR just called it quits, right now today, someone would buy it for $18 per share. regardless of debt. No question. It would save them millions. Coal is needed world wide, but coal will come back in America once the government figures out it has been duped, like Benghazi, like mexicio, like VA, the IRS, holy #$%$ when does it stop, maybe with the latest #$%$ move of sending 5 terrorists home.
This deal is not an issue of Revs, but is an issue of reserves, which ANR has a lot of and are worth future money. It will be some kind of buyout, with tangibles. It is worth +$20 if it happens.
Actually you are more stupid. I don't know if ACI or ANR will merge, but consolidation will occur. It has too, coal is like any other industry, consolidation happens. Synergies are a catalyst.
If the Boards of Directors really have the shareholder value top of mind, they are actively looking to make deals, and that includes China, India, and Australia.
Why are people making this such a big deal. The new headquarters has been planned and under development for months. They are getting substantial tax breaks for the relocation and new HQ. Loss on the building, no way. You all need to understand how taxes work, they will be making money on this transaction.
It is not what Washington has to say, it is what China and India has to say. There are only 3 saviors to coal in short/medium term, NG Prices, China/India usage, and getting serious with the Autos, which the coals have too much supply to give in to the steels. Cut the inventory, stop it, period.
Obama is totally against coal. He will do everything possible to kill it, but just wait, he is such a failure on every other issue, this too will pass.
Obama is like a fart in the wind, someone either lights a match, or it just naturally dissipates. End Of Story.
No layoff's that day or any other day. Not an employee, but close to the action. There are some department cuts, but most are finding jobs within the company. I would call it a realignment, not layoffs. Actually, the realignment is filling open positions in other departments.
Why does Yahoo keep thinking they have to reinvent the wheel to be successfull. The Old Home page was fine, the new page is so confusing and cumbersome, it takes 10 clicks to the 2 clicks before!
EMC could do it hands down. Forget about Oilman's lack of knowledge of M/A, and the industry, the OEM #$%$ that he keeps stating is bogus when it comes to most companies in the hunt.
Well Oilman we go back a ways. I sold all of mine remaining last week @6.90, big mistake. Today, on a hunch, I bought 2k at 6.89 right at the close, and sold minutes later @ 8.03.
But to the point. On this board you have been holding, selling, bragging about that 20,000 shares for at least 2 years. And what about those July Calls you bought? Oilman, everyone is successful in the rear view mirror.
Oilman, while BRCD has performed over the past month, over the past year it has stayed even, CSCO has risen 50%. So what is your point.
the only reason BRCD is rising is Carney is buying back shares at market + the tick, to drive it higher.
When he is done it is going down like a rocket, hard. There are no fundamental reasons for brocade to go higher. In fact, from what I am hearing, this quarter is going to be dismall. But I also here Carney is slobbering in the bars to sale sell Brocade at all cost, even below breakup value..
As usual, Opal, IMo.