its a question of survival...isn't it. Is the fundamental question: how long can EV last in the current oil/gas environment? What is the worse case scenario if oil drops to 45, 40, 35, lower?
I see EV has 1B in debt. How much does it cost to service that debt....are the going to have to roll that debt over, raise capital? I think the next earnings call which I beleive is in early FEB will shed alot of light on these issues. Until then, I am betting on volatilitiy....independent of direction. i personally would be equally happy seeing below 9 or above 15.
in my opinion a 70 cent divi will not discourage shorts if they see a potential move from 12 to 9 or 5.
Also, all the divi does is delay the inevitable. If divi comes out first week of feb, shorts will pile on after and have 3 months to run this into the ground.
I am sure there is significant fine print outlining each client's responsibilities should an account go negative. Yes FXCM needed a loan to stay afloat...the upside comes from the ability of FXCM to recoup client losses in a timely manner. The 250M could be used to paydown the loan sooner than required.
gpl is report much lower grade ore last q...so fuel savings may just be offsetting that. Does anyone know the AISC from last q?
really? FXCM gets 300M in cash today in exchange for a 250 2 yr loan at 10% interest. If FXCM is sold within the next two years. LUC gets 75% of the deal.
i doubt that very much. Many of these stores are underperforming due to location. Plus I don't think sprint is willing to take over 1000 additional stores. imo
three words....negative shareholder equity. In BK there will be NOTHING for current shareholders
why in the world would sprint pay for all the debt when they can wait until during/after BK and pick it up with a clean balance sheet. Not worth sprint to assume a butt load of debt for a marginally valuable name/retail stores. Wait until after BK
best case upside: Lets say RSH restructures...this will take significant cash. The provide of that cash will own most if not all of the upside potential. DEBT assets. RSH is already insolvent. I beleive this will go to zero but playing devils advocate....i also don't see any upside. If there is a turnaround....todays shareholders won't be part of it...imo