WLT is now cheap enough for a take over premium....insiders probably have turned down offers...and are now loading up more shares before any deal is struck...good luck longs....
They took 800 million from us investors and do not care anymore..they still have 800 million in cash, buying less than 4 million worth of stock for the past 2 qrs tells it all...Softbank owns 35%, CHEN 25%, Choa 11%, but over half of the ADS's have been bought so now 85% is in their control....maybe they'll wait until it goes below 2.00 and take out the rest and go private and back to china...For this co to spend 59 million on Soci finance,from some stanford kids, probably related to Chen...has no revenues or profits or assets, company hasn't disclosed anything to it's shareholders.....just blatent disregard to fiducuary responsibility and corporate governance. Wall st has it right...no reason to push the value up dispite what appears to be a growing concern with huge cash pile...but the cash is in china under Chen's control...who knows really what is left...he went to stanford for a reason, he's back in china for good reason...
supply and demand will kick in with the summers heat...good luck to all suffering longs...at least it's not going down anymore...
Nat 4 bucks, euro lower..not good, every co raised capital , pricing slightly higher and will get better...they are all trading as if the air conditioners won't run this summer!!! WHAT is the problem here
to sell out, wall st has held this one down for good reason, but sohu hit 52 week high today, cyou, qihu, sina, bidu, even dang catching a bid...CHEN needs to do what's right for shareholders and not himself...sell out to sohu like you did in 2002..minimum bid 8.00 per share might do it..but then again maybe not...good luck to all suffering longs...just maybe 2013 will be the yr
agree, talk about manipulation....just happen to put a sell out one day before the underwriting of this last bond issue...just happen...they shorted down, bought up last night cheap and walla..made millions on the longs and shorts...if your not inside your out
good to see buying in the sector and the coals...everything has been sold off like they are dying...so cheap, M&A will be back and valuations will eventually improve...you can't just start up new mines without huge costs , land lengthy approvals
its cheap, but anr still dealing with massey and the low stock price...adding another 500 million in debt would not help them...
I'll take 30 right now to make my week...42 would make my yr! good luck all, this has been a very, very tough road to hold...clf is way to cheap...still
You know GS knew about this but didn't get the business so they shorted, put out the sell...run it down, the turn will happen and run it back up.......
Cheap , lets hope these gains build and hold...CLF is still a target at these prices...could be swollowed up without cash..stock for stock, rio, bhp, or vale...
what lower rate, 9.75% , same as before...I still don't get it
please explain the positives...they just raised 500 million last sept ...do not see the need for more capital, thanks...
Crooks, manipulation at it's best, legal too...they take a short position, put out downgrade , scoop up cheap shares while making profits...just how they can put a sell on ANR when ACI is leveraged 25% more is beyond me...
at least someone is buying in....lets see some more upgrades...we are way over sold..
dont think so, fundimental's are getting much better and the heat of summer is upon us...this lager just like msft will rise again...
time to buy, this can't stay this cheap much longer nat will hit 4.5 today
explain please....thanks
I don't get it, trading at all time lows still....
someone did a large 2000 contract staddle...7 call by 7.50 puts...they will do well, lets up the calls pay off...