rr_raj_rr: You have the right idea. However, had I known that WLT was tanking to sub-$4 so quickly I would have done a $5 straddle when the stock was trading @ $5. It's too late now, but either way you'd make money -- a little profit if BK and big $ if the stock made a comeback to the teens.
w1h2o3: You're the same guy that said: "7 million shares changed hands today alone, so there was someone or someones on the buy side". Yeah, the SUCKERS!!
Let me educate you: When a stock is going up, that's called BUYING. When a stock tanks, that's called SELLING!! It's really quite easy, pal.
To gauge the realistic possibility of bankruptcy, one must examine the debt. Here's how the WLT bonds are now trading...
2020 -- Issued @ 9.875%, now yielding 30.552%
2021 -- Issued @ 8.5%, now yielding 30.52%
What does this tell you? WLT is likely headed for chapter 11. If that happens, shareholders get zero and bondholders own the company. The bonds may be the smart investment for those wanting to hold met coal for the long term. That's how hedge funds buy companies on the cheap.
I thought WLT had a chance when it rallied from $4.25 in June to $6.80 in August. Now the stock has been cut in half, down 21 out of the last 23 trading days and down the last 9 straight trading days!! I can't recall a stock that sustained such a relentless short term decline and then made a comeback. If I had to bet, I'd say stick a fork in it, this turkey is done!! Disclosure: I'm long and regretting it.
Back in February 2013 when I was buying GLUU @ $2 (yes, $2.00!!), this board was populated by the likes of lowlifes like "chimpthepimp", "blackstinkydog" and "madmonkey".
Then with the influx of the newbie crowd this year, the blowhard know-nothing butthair showed up trash-talking his garbage and hype. Of course, butthair then took it in the shorts when GLUU tanked from $7.60 to $4.70. Now he wants everybody to believe his pumping hype all over again. Do your own analysis and DD and shut out the babbling fools. LOL
PXLW received new brokerage coverage on Sept 8, Sept 11 and now Sept 17. The three brokers initiated coverage with "Buys" and high target prices yet after initial pops, the stock essentially hasn't gone anywhere!! PXLW just gets no RESPECT!! Period.
butthair" You're truly a moron who obviously doesn't read my posts. I'm now on my third roundtrip with GLUU and very likely have MUCH MORE skin in this game than you. That said, I'll continue to criticize the stock and management as I see fit. Now go pester somebody else who may give a flying fucque!!
butthair: I have ONE and ONLY ONE Yahoo ID. Looks like you've attracted an imposter, like me and several others on the board. You should feel privileged!! LOL
kcand52 has been bragging about his 18 "thumbs down" score, second only to Karen's 20. Let's see if the Merry Band of GLUU loving, Kool-Aid drinking, pumper lemmings can top that!! Bring it on!! I'm hoping for at least 25 on this post!! LOL
butthair: You make me laugh. Let's compare GLUU positions and bet. The holder of the most GLUU shares and call options by dollar value wins $10,000 from the loser. How's that, pal??!! Are you on??
butthair: Don't you ever get tired of pumping this puppy AND making asinine predictions? I'm sure most of the board has heard enough of your blind love for GLUU. You may also want to consider leaving "hope" out of your investing equation. LOL
Feltl & Co initiated coverage on Pixelworks (NASDAQ: PXLW) with a Buy rating and a price target of $8.50. Analyst Jeffrey A. Schreiner thinks growth opportunities are expanding and he sees potential to outgrow comps. "Given we anticipate PXLW can significantly outgrow its comps, we believe a premium multiple could be warranted. However, opportunities in mobile remain in their infancy, and projected growth resurgence in digital projectors could stall out following the release of all models utilizing the new co-developed SoC," said Schreiner. "TV remains a wildcard with potential for near-term licensing opportunities, but it is our belief any resurgence of IC growth within TV is a longer-term proposition. We believe an in-line multiple with PXLW comps is more appropriate at this time. Assuming an in-line comp forward P/E multiple of roughly 17x, applied to our CY16 non-GAAP EPS estimate of ~$0.50, we derive our price target of ~$8.50. We recommend investors accumulate shares of PXLW at current levels as we believe multiple growth opportunities are emerging which could push PXLW s share price meaningfully higher from recent levels," he added.
ely: "Debbie Downer"?? Not hardly. Years of wading through the garbage puked up by CEOs and Wall Street have taught me to separate the real story from the bullsheet BEFORE drinking the Kool-Aid!! LOL
Sometimes cynicism can border on being paranoid. There was NO abnormal activity in GLUU over the last hour of trading today. Total volume was less than half normal and the blocks that traded in the last hour were no larger than blocks traded earlier in the day. Bottom line, there was nothing to get excited about!! LOL
Re: "We know as a fact there is interest from numerous parties"
"We know as a fact"? We do?? Show some evidence to substantiate your statement, besides the typical blustering rhetoric from the CEO.
If you can't find that simple data with a mouse click, you have no business investing in stocks. Period. LOL at your ignorance!!
kc: You got that right! The lemmings don't want to hear anything but the pumper line. Bring on the "thumbs down"! The more I receive, the more satisfaction I get from rattling their cages!! LOL