There are many examples of 'VAP" throughout history. Cyprus is a recent example. Communist Russia, Cuba, China also come to mind......and of course #$%$ Germany. Once a ruling government is able to convince the masses that some 'rich' people (except, of course, for the ruling politicians) have all the wealth, it is a fairly short putt to begin the process of 'take and redistribute'. Of course that kind of thing could never happen in America?
Great post since you obviously aren't intelligent enough to post something with content. In the meantime, many of us spent a career improving the environmental performance of American industry. Also, have traveled a significant part of the rest of the World (both developed and undeveloped) and have witnessed the incredible environmental nightmares being practiced in many other countries. Go spend a week in China, and then come home a tell me where the issues are? By the way, they are currently producing a huge share of the industrial production that used to employ American workers! Oh yeah, but who cares since we have our heads so far up our backsides worrying about increasing our welfare participation and making sure our kids spend their time in school being taught 'guilt' for destroying the world!
This makes a lot of sense....we'll just sell all the 'high sulfur' fuels to the rest of the world that doesn't have all the regs. They can burn it in all of their fuel consuming machines as long as they promise that they won't let the polluted air migrate in to US airspace. This will surely help further cripple the energy boom currently underway in the US, ensuring that we will continue to send hundreds of billions of dollars to our special friends in the Middle East each year and guarantee that our grandchildren will owe their future to some foreign country while the US continues to declines.
yesterday's performance is a powerful demonstration of where the Pd space is headed in the future. The artificial price point at which the metal is currently trading is unsustainably low. Pd will be among the first to move higher because of the very large industrial demand for the metal. The artificial price 'fix' on Au or Ag will be a longer process, most likely, but the fiat currency madness will eventually move them higher as well. It is only a matter of timing for the longs!
Expect all the reasons that NRF is a bad investment to show up in a post near you! Buy!!!
Turns out (I think) that most of the #2 pencils I have accumulated may not actually have 'graphite' lead in them? I'm not sure, but, at least those made in China have some kind of a synthetic material instead of pure graphite as I thought? In any case, that would make all my pencils worth considerably less? Any of you 'graphite' experts know anything about this potential issue? I figure it will be too expensive to have an analysis run? This whole graphite thing is turning in to a financial disaster. I wish I had never read the original letter on GRPH! Anyone else feel the same way?
Warm weather, Sink holes have been here for ever, More and more people moving here, No income taxes, beautiful beaches, Friendly people, Common sense rules., I see what you mean!
Tells me MM's are sitting on PAL price with the help of some big money. New CEO needs to communicate as to where he sees the company is going. With Pd in the 760+ price range, PAL should beon it's way back up to the $2 level..
And your point is? Was the $30m profit?...free cash flow? borrowed? Tied up inventory? Advances against future deliverables? Restricted? .......? Cash in itself is always a good thing but not necessairly always equal. Yes I am actually interested. Thanks!
No offense taken, but, actually I am a retired Tech Exec from a Fortune 500 company. I spent several years toward the end of my career 'fixing' underperforming facilities and/or businesses that were no longer making it. also, did a little bit of consulting after retirement. In any case, the issues are pretty much common to any business that is struggling. Simple truths that always apply: 1) Poor management is the only reason businesses fail. 2) Every employee has to understand what the business needs to do. 3) The business is there for only one purpose....to make money. (not to create jobs, or help the community, or improve the environment, or so on). All of these are the result of a successful / profitable business. 4) Any employee who doesn't buy in to the needs of a successful business should be working on a new career opportunity. 5) Ninety + percent of any employee group can and will be successful and productive in a healthy business environment. Roughly 5% will not. (if you currently work in a large group you are very familiar with the 5% that are making your life more difficult. It is weak management that can't address this issue. With these basics, any business can be successful, if focussed on the bottom line. Any management team can be successful if they are willing 'to manage the business' as a profitable ongoing concern. It isn't always easy, but, it can be done. FCEL has the opportunity, if they choose to take advantage of it. I'm long...for now!
I own quite a few shares in FCEL, because I am impressed with their Technology. Like most longs, I have been frustrated with the companiy's ongoing struggle trying to obtain profitability. As a retired executive with an engineering / technology background, I understand the importance of operating as a business as opposed to an ongoing technology project. Your technology can always be (an should be) improved, but survival as an ongoing enterprise is dependent on your ability to generate income. This is the issue, as I see it, at FCEL! Again, good luck longs, and my apologies if I have offended anyone with my candid opinion!
What's next, an executive meeting in a warm climate resort to spend a week writing a new mission statement? Let me help you...........figure out how to make a profit.....focus, focus, focus....and reduce your costs where ever you can! Hint $ a $100m sales company that is loosing it's backside, is no better than a $200m sales company that is loosing its butt, is no better than a $500m sales company that can't operate a profitable business! Figure out how to become net income positive and focus there! Good investing, Longs!
Add a penny per quarter to the dividend for the next year and a half and $10 will be a price at which you wish you would have bought more of the stock. Relax and enjoy. This company has a long way to go.....up! Good luck longs!
The first thing I would do is get my 'team' together and work out a plan to get the new shaft operational earlier than the end of the third quarter. All things are possible with the right focus. What PAL needs right now is a positive surprise to get the stock moving higher. Holding and adding!
Then, by all means short some more shares.....the current carry is only about 7.5%, until they raise the dividend next quarter. I think I'll stay long!