but I just switched my 1000 shares into DDD. Held this for almost 2 yrs. Lost a sh.t load and every earnings report was beyond horrendous. Always...next quarter will be better. And boy, when they miss it's not just a couple of pennies. Who knows, me being out of it may be just the catalyst for this one to actually beat earnings.
And then I realized that the headline was for SPP. That's what happens when you read news at 5AM..sigh.
Thing is that I don't imagine what that would be. The only assets on their books were $45 mil of machinery and equipment (depreciated value) and a small bldg. at $3 mil. I remember listening to the conference call and some analyst asked if there was going to be a sale leaseback. In my experience that would be common with real estate. I haven't done any equipment leasebacks but that doesn't mean anything. Can't imagine them just plain selling that, pocketing the cash and turning off the lights. Been in this thing since $27 a couple-3 yrs back and I still hope to make back my $80k. Hoping to see some progress this quarter or at least not a miss with some positive guidance and expectations for the future. Don't expect anything earth shattering.
Never mind. Got it
LINN is focused on improving its balance sheet, reducing interest expense and improving liquidity. For the nine months ended September 30, 2015, the Company has repurchased approximately $783 million of outstanding senior notes for a total cost of approximately $557 million in cash, resulting in annual interest cost savings of $54 million. The Company is currently evaluating several strategies to continue its effort to achieve these three objectives. However, execution, timing and success of these objectives are dependent upon market conditions and are subject to restrictions governing LINN and Berry’s existing indebtedness
Is this from buying back bonds?
Sentiment: Strong Buy
I don't think that the shares for the FSYS purchase will hit the market, so there need not be any concern as to where WPRT price is from that perspevtive. Will go to the FSYS shareholders and the FSYS shares will be cancelled. That's just my interpretation of it. On the other hand, the chart looks horrible after breaking $3. 10 of 11 days down I would be a big winner in Las Vegas betting on red but here I'm just a big loser
Ah..but I didn't give her the credit card. She has her own money and thank you for your concern. I don't believe in shared accounts. WPRT is my gf . We'll be together until death
A feeling very similar to giving my girlfriend my ATM card and letting her use it for an extended period of time. I'm thinking that even her would've kept it below the $100k that this stock is costing me over the past 2 years.
we will go back higher. Happens every 5-6 years. We're talking about 98 million barrels global supply and 95 million demand. Doesn't take much to cut 3-5 million barrels. At this price, most shale, oil sands, deep water drilling is not economical. OPEC is getting killed also. Once some of these drillers go BK, supply will come down. This maybe where oil should trade at but it will always overshoot to the upside and downside. When everyone is talking about getting out of oil it's time to buy.