So you bought your house with cash? Debt to capital isn't a useful measure. Debt to cash flow is useful. What am I doing? Why am I bothering to provide you with a free education?
At least someone is finally aware that valuation is too low. It is good to talk about the long term, but if the short term is consistently in the wrong direction, the long term goals become that much harder to achieve.
Or someone who owned the convertible thought he saw a buy out on the horizon and didn't want to miss it by holding the bonds. 6% is a nice return, but that much can be be gained in an hour with the right news. Just speculating...
Any news is bad news. Either it is bad on its face or it offers an opportunity to sell at a slightly higher price. Today's news seems to fall into the later category and too many people have taken advantage.
Why bother buying at all? If you buy at 10, your best hope is to sell it for 11. The trend says you'll sell it for 5.
Really? A couple of years ago I invested in an RNAI biotech and they had a similar proposed offering. Stock went down, but it wasn't more than a month later that they were bought out at twice the market price.
Look at it this way: if a company is going to be in a good negotiating position with a suitor, they better have some alternative strategy lined up.
Do you think they could move the elections to next week.? At the current 3% drop per day, the share price will be near zero by the time the election is held. At this point, the proposed Casa board could include 2 chimps and a corpse and I'd still vote for them.
Why should the boat float now? Several of the stocks you mentioned have had massive recoveries since the market collapse, but ROSG is still near its all time low.
Lots of acquisitions at above market prices has increased valuations of related companies. Unfortunately ROSG doesn't seem to be in this group. Considering the relatively low barriers to getting a test to market, this is surprising. Yes, therapies have much higher prices, but the risk is higher as well. Even after they are approved, they are still subject to massive consumer litigation. You don't hear about consumer litigation in the testing market.
None of the agreements they have signed are reported with any of the financial terms. While advancing science is good, at some point we have to at least see the potential for some revenue. For all we know this will further drain cash.
No, I'm far too long on CLF. I really thought a rising tide would lift all boats. In hindsight, I should have seen that CLF would sink. At this point, I suspect I'm going down with the ship.
Please explain. Why does JOY get an upgrade and shares go up 3% today when they are selling mining equipment to companies like CLF and other miners of coal, iron ore, and gold? If there really is no demand for minerals, why would anyone buy more equipment? It is like selling drilling rigs when the price of oil is at a multi-year low.