dstone, the precipitous drop in fossil fuels is not related to some type of conspiracy to punish Putin, it is all about the falling U.S. dollar, a slowing world economy and oversupply. The past 5 years way too much venture capital has found it's way into the oil patch, hence the reason nearly 20% of the junk debt outstanding is fossil fuel related. The oil and gas mania reminds me very much of the previous housing bust. I place a lot of blame on the Federal Reserve and their prolonged zero interest rate policy/QE's, creating bubbles and speculation. Oil and nat gas prices can go a lot lower than anyone expects in the coming months as this trade unwinds. I am also concerned there will be major defaults in this space which could easily spread to the entire credit markets, and ultimately equities.
I tried to warn you repeatedly. Now your losses are truly staggering. Eventually they will find out, best to come out now and plead for forgiveness.
More devastating pain on the way. This news just out from China...Freight traffic volume of the nation's rail network slumped 7.5% in October from a year earlier, the 10th straight decline, the longest losing streak since the financial meltdown of 2008. Fewer coal shipments accounted for the majority of the drop! This is all related to the real estate bubble in China unwinding, and we remain in the early innings of this debacle.
BTU is highly leveraged and exposed to falling coal consumption in China, add a rapidly rising dollar to that equation and BTU shares are on the fast track to $5 bucks.
Losing money is not a sustainable business model. If you thought last Qtr's huge losses were devastating just wait for future earning reports. It is going to get ugly. Sprint shareholders being sacrificed as executives go off the deep end...Apocalypse Sprint.
Where does Sprint come up with the funds to upgrade it's incredibly poor network when it is bleeding cash, losing money?
Where does Sprint come up with the funds to build it's joke of network when it is losing huge amounts of money every qtr?
Not a good idea to invest in a corrupt business, controlled by crooks.
Losing money is not a sustainable business model...It's going to get ugly for Sprint shareholders.
And to think Sprint has to spend $Billions upgrading the worst network in the industry while losing money! Not good for Sprint shareholders. Easy money shorting this PIG!!!!
Not a good idea to invest in a company with a business model that guarantees losses. Son is absolutely NUTS! Begging for a merger is rather pathetic. Short Sprint and prosper!
You see our competition has access to good 20 MHz of 4G spectrum over which to build pristine LTE systems. Sprint does not have that access so we have to stitch airwaves from across the highly inferior electromagnetic spectrum. That is why our network is really bad and will continue to be really bad. Our lousy service is only for those with bad credit. Our business model is to lose money, sell product below cost and pray we are bought out before we go bankrupt.
Selling product below cost is not a sustainable business model add to that by far the worst network in the industry, well that spells SHORT!
Teamrep, simpleton Whoaminot just doesn't get it. A brainless Sprint Cheerleader destined to lose a lot more money.
Sprint network is a joke, they are resorting to selling their product below cost, and lose 100s of $millions each qtr...Easy Short, easy money.
Sphincter989 the Repubs took the Senate yet you are down 40% from your bonehead call. Are you still laughing???
Poor little Greekmonster, oh I mean the "101" Greekmonster, refuses to accept the sad truth. I'll keep shorting Sprint and you keep losing money.
This is what happens when you have a used car salesman type as your CEO. More serious losses ahead. Adding to short position.