Now, now, be nice.
An undignified comment coming from a man of your stature is unbecoming.
Not my fault you went from longtimefollower to longtimegone.
A little over a week ago, the share price was .60
The stock has only recouped barely half its losses.on this news.
Like I said before, cheer this up to .65 so I can start my holiday shopping.
I wish you would spend more time cheer leading and getting this bid to .65
My trigger finger is getting itchy.
Up slowly on high volume.
Down quickly on low volume.
This game is played all day long on the OTC exchange.
The real kicker is the widening margin between Bid/Ask.
I don't believe the company will make the leap to the AMEX anytime soon.
The games that are played during the last 5 minutes of the trading day on this exchange can be entertaining if you like comedy or drama.
What you can assume is what goes up, comes down twice as fast.
You best get while the getting is good.
Guest(s): Eric Coffin Editor, HRA Advisories
Eric Coffin editor of the famed newsletter, Hard Rock Advisories (HRA) says he is still partially on the fence when it comes to the market’s major direction. He recently said, ‘I think the odds of a drop of bear market proportions is very high right now, I’m just not sure how fast it will happen,’ he said in his recent newsletter. Speaking to Kitco News on Thursday, he said there are two or three ways it can play out. ‘The market came back to the August lows – I don’t think we are out of the woods, the S&P would need to get above 2000 for me to actually relax,’ he said. Coffin warned, ‘One danger I see dead ahead is we are just about to start Q3 earning season -- I’d like to think that traders realize that we are going to have a sequential drop in earnings. I suspect that is not going to go over very well. The odds for something to go wrong are very high,’ he said. Coffin also touched on Glencore’s troubles and whether it could become the Lehman Brothers of mining. Coffin said that if copper falls below $2 a pound things will get tough. ‘The production pipeline would basically vaporize – you would see large copper miners do partial production cuts,’ he said, adding, ‘I have been bearish on copper for a year and a half, ironically, copper might be the first to turn because copper miners historically, have been the smartest group when it came to cutting production when they had to.’ Kitco News, October 1, 2015.
(Kitco News) - Washington - A prolonged period of low commodity prices is on the horizon, said International Monetary Fund head Christine Lagarde on Wednesday.
Addressing the Council of the Americas, Lagarde said that when talking about the economy, there is cause for concern.
“The prospect of rising interest rates in the United States and China’s slowdown are contributing to uncertainty and higher market volatility. There has been a sharp deceleration in the growth of global trade. And the rapid drop in commodity prices is posing problems for resource-based economies,” she said.
Christine Lagarde head of the International Monetary Fund - Photo curtesy of Drop of Light / Shutterstock.com
Lagarde was speaking ahead of the IMF-World Bank annual meeting to be held next week in Lima – its first conference in Latin America in nearly 50 years. During next week’s conference, the IMF will release its world economic outlook numbers.
“[I] can already tell you this: global growth will likely be weaker this year than last, with only a modest acceleration expected in 2016,” she said. The IMF chief added that emerging economies are likely to see their fifth consecutive year of declining rates of growth.
“India remains a bright spot. China is slowing down as it rebalances away from export-led growth. Countries such as Russia and Brazil are facing serious economic difficulties. Growth in Latin American countries, in general, continues to slow sharply,’ she said.
Lagarde highlighted that the economic outlook is heavily affected by “major economic transitions that are creating global ripple effects.”
“We saw some of these spillovers in recent months; investors were worried about the speed at which China’s economy is slowing. These concerns put further pressure on commodity markets and triggered sizeable currency depreciations in a number of commodity exporters.”
China consumes 60 percent of the world’s iron ore. But as it invests less, China will reduce its appetite for commodities.
“This will contribute to what could be a prolonged period of low commodity prices – a change that will need to be managed by policymakers, particularly in the large commodity exporters,” she said.
Lagarde also addressed the planned normalization of U.S monetary policy.
“The Federal Reserve is poised to raise interest rates for the first time in nine years – although the Fed has also clearly indicated that rates are expected to remain low for some time,” she said. “This transition reflects better economic conditions in the U.S., which is also good for the global economy.”
I guess you forgot to mention that the CAT jobs are expected to be shed by the end of 2018. I think the NYSE will do just fine.
A lot of "could" and "if" in this article.
I'd take an NYSE company over a OTCQB company any day.
The first thing one does when they pay off their credit card is go out and charge something.
Let's have another round of cognac and cigars.
BTW, charge it.
IMO, gold prices will move lower over the next two years.
This refi is most likely a hedge to keep operations afloat in that event.