I'm not sure why the stock is up so much today, but I sold my position at $50.40 from my purchase at $38.74. I'm happy with my profit, and I don't see a lot of upside left at this point.Good luck to the rest of you!!!!!
Earnings est. 0.97 Earnings act. 0.97
Revenue est. 1.21B Revenue act. 1.2B
As expected an okay quarter after lowering their guidance slightly. while there are some small bumps in the path for the short and possibly the mid term, the long term picture still remains intact.
Earnings est. 0.13 Earnings act. 0.14
Revenue est. 81.27m Revenue act. 68.8
Guidance of 50-60k Boe per day.
Overall a great quarter. Stock is up nicely after hours. Good luck longs!!!
This analyst gets it:
Wells Fargo today maintained an Outperform rating on Axiall Corporation (NYSE: AXLL) with a price target of $50.00. Analyst Frank J. Mitsch believes concerns are "overblown" and "boarding on paranoia."
"Although AXLL faces some near-term headwinds, we believe longer-term fundamentals remain intact. The merger with PPG's Chloralkali business provides AXLL a favorable uplift to margins given vertical integration, and better positions the company in the PVC export market and for when housing recovers, in our view," said Mitsch.
"AXLL stands atop the volatility heap with 47% of 2013 trading days seeing +/- 1.5% moves. We've previously cited our belief that the pending additions of 1.4MM tons of electrochemical units (ECUs; or less than 2% of global capacity) has triggered overblown concerns, due in large part to the absence of critical thinking over what actions industry players may take," he added.
It's one thing to shut down the government, it's another thing to default on the debt. NOBODY in their right mind would do this. Something will pass before oct. 17th,, so your bet will be to buy before the news/rumors hits the presses. Bought some fslr on the small dip today. We will see where this goes.
That's a VERY good price. If they're certified by pcgs or ngc, the cheapest is $3600. At that price, I'll buy all the gold eagles I can!!!!!
The stock has a very nice uptrend, with heavy volume. I thought this stock would be a dog for a while before the blast off.. I'm glad I locked in my cheap shares. With the asset sale coming at the end of the year and some good earnings, this stock should be at least $33 (lowered my # due to lower estimated growth rate) I'll look/hope to sell this at $37, or maybe more if things look really good.
I can't wait for this to go down to $35 or less. All the current risk is priced out imo at $30 (which ultimately will be the level I really hope to pick it up at) and it should fundamentally be worth $55. This is not a far fetched # for a company growing at around 30%. Housing should stabilize as the fed is NOT going to stop buying mortgage backed securities with that sharp of a rise in rates, and chemical pricing should remain mixed. The company did lower their guidance as I think it mainly has to do with the complex integration of the commodity chemicals business from ppg. They did however double their dividend payout, which tells me the future looks bright.
I have made a lot of good $$ during the market run up, & I'm not angry because I missed the boat. I know in my mind that qe is morally WRONG. The fed. right now is wrongfully trying to compensate for a lack of good policies out of washington that would actually grow our economy. Their job was done YEARS ago. I would like to see Bernake say "our job is over, & it is now time for Washington to help grow the economy. We will slowly taper & end qe."
Has he no shame???? He says he just wants to make $$, isn't it about what's best for the country & not for ones selfish gains???
Hmmmm, A $35 stock trading at almost $34 now, and has missed 3 quarters in a row and lowered guidance to boot. Makes no sense to me.
I have been waiting for gold to fall back down closer to its recent lows, because I wanted to buy one of those 2013w burnished finished coins at a better price. Back on august the 24, gold went up $21.70 to $1398.80, and the mint raised their price for this coin from $1625 to $1675. Gold is now down $100 from that level, and the price is still $1675!!!!!!! the price should be down to at least $1625!!! Does anyone else out there share my opinion???? (ohh, and I went to buy off apmex, until I learned that their was a sales tax)