Best in the face of GS was when EFX was trading in 30s and GS came out with a downgrade/lowered estimates right before earnings release.. EFX hasn't seen 30's since..
Let's see what happens Monday.
You reposted what said a couple of days back (no problem) - did you mean to add something ?
About an year ago, I was looking at both CECO and COCO and was having hard time figuring out why CECO was trading at negative enterprise value.. COCO didn't sound anywhere near as good deal as at that time..
Once Blum stopped selling, it came back at a reasonable valuation.
Now at this point, COCO looks better compared to others in the sector.. I will add some more here.
Kind of redundant statement.. Who's else's risk could it be otherwise ?
Didn't get a chance to short today.. Let see how high it flies.
I hope it goes to 70+.. so I can start my short position.
In my area, the store had a few minutes wait at the counter.. They seemed to be doing better..
Has a quick run to 35+ started, just like last year.. Or I am just being optimistic..
Last year ESI, APOL and CECO were down big, but they rebounded either due to better earning or due to assets sale in case of CECO.
Why do you think this one is different and will not rebound.. or why others are not facing headwinds similar to this one?
I am buying as well.... CECO jumped from 2's to 5s and 6s.. If this one goes to 2 from here, it will be good return.
They just saved $7.5M per year by refinancing the loan and increased flexibility. It 's just half a percentage of the market cap, but still a good amount. If they start returning it in terms of dividend, it will be good.
I think it's more like $24.16 is available to all ($0.486 per unit)
Out of which Common holder get 37,293,750*($0.568 per unit)=~21.18M
And subordinated holders get 24.16-21.18 =~2.98M which is =~0.239 per unit.
It all adds up correctly.
Even at $0.486, yield is about 20%, which is not bad IMO.
Your comment is not relevant here and not adding anything to the discussion. I didn't say it's always someone elses' fault.. but your record seems to be stuck.
I see where you are going with your generic statement.
No. I am not loosing in TWGP.. I just got a couple hundred shares at a price below $3, so it's the shorts generosity that I will be making a few bucks, may be enough to cover my commission.
In the case I mentioned, my loss and loss of potential gain of 200% is someone else's fault - people who are supposed to protect share holders, forced the share holders to sell for a loss.. I had no other reason to sell that the de-listing.. and had done my due diligence about the soundness of the company, the current share price speaks for it.
Try to use "always" wisely.
SEC is busy collecting fines from the likes of JP Morgan.
I never understood why they punish the shareholders for the wrongdoings of management, or find some other way of screwing shareholders.
I held SAYCY sometime back, which SEC helped de-list from US due to some regulatory requirement which they were not in position to fulfill.. I had to sell at a loss of about 5% because of the de-listing. The underlying stock in India is up almost 200% since.