733 shares. The dilemma he must have faced! Should I go out to eat at McDonalds or bring my lunch to work to save money for shares.
Is interesting but still is only a $10,000 bet. If it went to $7.10 though, they would make $100,000 profit.
All underwater now, so they will be sending out a vote to re-price them.
Doubt they will ever cut the dividend since Seadrill depends on that dividend for its operations and Seadrill owns so much of SDLP.
Can you believe it is $0.73 now? Had you told me that last year I would have ridiculed you to no end.
I want to declare the loss against my 2015 tax due. I think I am ok waiting a few days to buy...heck, might get in the $0.60s :-D
No clue. I can't buy yet even if I thought it was a good idea ($0.74 is tempting though!). It is hard to believe that it has not yet been 30 days since I sold the last at $1.11. Wash sale rules.
No BK until late 2017, so they have some time still for a turnaround. No reason to declare BK when they can pay interest payments easily with cash on hand for the next two years.
2.4% yield, better than 10 year US treasury bonds. 25% better yield than the S&P500.
A scenario that would take until 2017 to play out at current metal prices. TC does have enough of a cash buffer to keep servicing all three bond tranches until the senior notes come due, even if they lose a bit of cash each quarter. By 2017 the 2019 notes will have gotten over 30% of their principle back at current discount prices (92% of par). Essentially you are buying the 2019 notes with a risk of 70% loss. The 2018 also about 70% risk of loss, and the senior secured are fairly safe but only pay 5% to 6% at current levels.
Yeah Vanda was dead money too and had people posting it was dead money. Stayed at $4 a share for ages, then jumped to $17
That is a good price, might get there. I have all I need right now and will sell at $60 a share.
Thanks for getting me out of that one Ultra. I took a $500 loss when it was around $2.50 a share, now it is $0.25
I bought another thousand at 5.45 today. That brings me to 5k shares...now I want $60 a share :-)
What exactly would you have them do? Reverse split?
They can do that but it is disheartening to see your 10,000 shares collapse to just 1000, even if they are worth $9 each.