Tomorrow, the Fed is going to make a decision on the resubmitted stress test statement. Please check the " bac, stress test news" on google. They know it is going to be okay and they are releasing frivolous bad news. In fact trading revenue is the smallest section of income for BAC than it is for JPM. BAC is down more than JPM. The cots cutting is everywhere. My closest bank of america branch was closed. Customers are increasing more than any other bank. easy to tell that in Tampa. So in summary, tomorrow big news is the stress test which gives us so much stress.
I am expecting based on the charts pattern in the past 6 months, an opening on Monday with a big gap up.
You need 32 mil cash to operate. You have 8 mil in cash. You are a 1 billion dollar company how is that possible? I need to go back to Business school. This is beyond me.
Check the chart. 10 year goes up Loco is flat or down. 120 mil debt. Maybe more coming. Insider sold in November it tanked all the way to January. There is something going on, the only people who knows nothing are day traders.
Chicken prices high ( bird flu), opening new restaurants, remodeling costs, 120 mil plus debt. They are forgetting that these expenses would not be there if the model in place not working
why not what happened to dell. Taking private is not for scaring th people. It is a good thing. If a company is not recognized and appreciated, then the private investor is always an option.
when you short 4.5 millions shares , then you have to hire guys like you no question.
totally agree with your explanation. however how come ceo does not own a single share of a company he manages? what does that tell you as an investor? If he does not own 1000 shares why would i buy then? The company is worth owning the shares. I am on the same page with you. then the only explanation left for unloading is that his departure date is soon. that is what happened to the compaanies I had worked at
The method to test the formalin vapor is absolutely ridiculous. In a normal house, you have the material on the floor and you have air circulation, windows, doors opening and plus a/c. Now you take off that material place it in a chamber in more exposed way, and wait for a few hours and measure the formalin and charge $575, that is a rip off. The test has to be made in house. Sending the laminate floor sample to a online lab is laughable. People are just ignorant, scared . This is not the way to punish a company. The only reliable and meaningful test is on site test. Right after the installation and under normal daily living conditions. The rest is not acceptable. By the way the test cost is probably less than 10 and yet they are charging 575. Go figure.
The government is responsible for testing all the imported materials. EPA is for that purpose. If this material exceeds the limits then firts thing to blame is the government officials Right does that make sense?
I have an allergy developed adfter this floor, I started sneezing that kind of approach will not pass. Those symptoms are considered nonspecific. To prove the direct link to formalin, you need blood changes such as altered blood count, changes in lymphocytes, bone marrow suppression. These changes only occur at high dose long exposure. All the other symptoms , yes they are real but cannot be unequivocally linked to formalin. Same issue always came up with agent orange other evaporant chemicals.
In medical lawsuits, you need the solid proof that the affected person has developed an illness directly caused by the involved agent. See asbetosis, agent orange cases etc. Formalin at this dose is not toxic enough to create the well known symptoms directly linked to formalin. The levels that can cause detectable changes are so high someone has to lie on the floor, and crush it and sniff it for 3 months. Why because formalin is inside and evaporant. It declines in few months to nil. In Pathology labs, the histology techbnicians and pathologists are exposed to much much higher formalin day in day out. In LL case, the formalin in the wood is declining as days go by. Let us say you got a client who claimed that formalin did this and that to her. When, how, what now, it is impossible to prove before the court. Like alcohol test. Just the presence of formalin at higher limits than state or federal levels cannot win the court battle for the clients. Only state or federal punishment will follow. Plus the company is already offering testing device free, and also replacement with the normal floor. This is the hardest thing to sue. I am a physician and experienced in toxicology.
Gunnar Nielsen (Copenhagen) pointed out that the exposure–response relationship for nasal cancer in rats is highly nonlinear, supporting a no-observed-adverse-effect level (NOAEL) that allows deriving a health-based guideline value. Departing from the classical rat studies, an indoor guideline value of 0.08 ppm (0.1 mg/m3) formaldehyde was considered by WHO (2000) as being preventive of carcinogenic effects, also in compliance with epidemiological findings. The main reasoning was as follows (Nielsen and Wolkoff 2010; Wolkoff and Nielsen 2010): (1) Epidemiological studies reported no increased incidence of nasopharyngeal cancer in humans below a mean exposure level of 1 ppm and peak levels below 4 ppm, consistent with results from rat studies. (2) Rat studies indicated that cytotoxicity-induced cell proliferation (NOAEL at 1 ppm) is a key mechanism in the development of nasal cancer. (3) Lympho-haematopoietic malignancies are not consistently observed in animal studies and, if caused by formaldehyde in humans, are considered to be high-dose phenomena with nonlinear exposure–response relationships. Such diseases were not reported in epidemiological studies at peak exposures below 2 ppm and average exposures below 0.5 ppm. In rodents, the nasal cancer effect of formaldehyde is much more prominent than lympho-haematopoietic malignancies. Thus, exposure limits preventing nasal cancer were also considered to prevent lympho-haematopoietic malignancies.