On Dec 3rd, 1984, the poision Gas leak from Union Carbide in Bhopal Killed over 8,000 civilians, and injured over 300,00. Union carbide paid 471 million in damages and never apologized. The BP oil spill in the Gulf killed 11 workers and paid $37 Billion USD. On February 6th 2001, Union Carbide Corporation became a wholly owned subsidiary of The Dow Chemical Company. Will one of the new Dow companies finally step up and clean up the polluted water, and help the permanently disabled people in Bhopal?
Today's volume: 3,280,848 double the Avg Vol (3m) 1,497,210.
In for 10,000 shares (long) at 2.49. It's a small position, but I need to
keep powder dry. Someone (or something) just made a huge Buy order at 3.30pm at 2.53/shr.
Sumpthin funny is going on, however, all my dials are pointing to a big Dow down tomorrow.
Book value per share $5.44 - Monster is worth double the stock price.
Very low debt and trailing P/E of 3.43 makes this a Prime Buyout Target.
If not Google, then FB, or even Yahoo. Social Media still needs to build
on the data mining for Job seekers. This will get Bought out. Just watch.
That is all this scam IPO stock is worth, if they were to liquidate and pay off the Massive $20 Billion in debt, that KKR loaded them down with before the IPO. To be honest, this stock isn't worth a wooden nickel a share, with a debt to cash ratio of 50 to 1.
SPWR way oversold. RSI negative 31.
Recent high of 22.32 minus Low of 15.32 divided by half is 3.50 (usually after a big drop, you can expect a 50% bounce) Look for a bounce to 15.32 + 3.5 = 18.82 or thereabouts.
That is all this P.O.C. stock is worth, if they were to liquidate and pay off the Massive $20 Billion in debt those a holas at KKR loaded them down with before the IPO.
Forgot to mention the class action lawsuits coming up for court dates, for alledgedly Lying to investors, and stealing $20 Billion in investor capital by deliberately lying about that Pascua Lama white elephat.
I didn't say it, just re-Tweeting what Crammer says.
Too much debt, Overpaid, upper escargot mangement,
and an environmental record worse than BP's. There
are alot better holes in the ground to throw your money,
than this piece of sheet metal.
Rats leaving the burning boat.
Jump-off point- when severance pay exceeds perceived future benefits.
and all the media Analysts were pumping this crepe like it was manna from heaven. Zacks has still got an a+ rating on this piece of sheet, even after it fell 20% before ER. They are the worst liars besides Hillary.
KKR bought this shell for cheap then loaded them down with $21 Billion in debt, then sold of the IPO right before the Market started crashing. Good timing on their part, bad for investors, who have lost 40% so far on this POS.
Follow this then: 3 billion in equity, $21 Billion USD in debt.
They didn't pay the IPO price. They paid aprx. $1 share, loaded the co. down with $21 Billion in Debt, then brought out an IPO at 16 dollars a share. It's kinda like if Bernie offered to sell you 150% of his hedge fund, and personally garranteed a 10% return on your investment, paid out of the receipts from new investors, every month.
The engineered smashdown in paper gold was bovbious attempt to keep it below 1100.
The timing of the Credit Suzie downgrade is very suspect, because its release was
coordinated with the JPM, HSBC, CS paper gold price smash. Although the Smash and
grab robberies in the jewlry stores have dropped off, in the crooked bankster manipulated
paper Gold markets (comex) they are alive and well.
What a holeass. Honesty has no place in the crooked bankster manipulated Gold market.
He needs to keep his dam piehole shut.
Compare their upgrades and downgrades with the SP charts.
A monkey with a dartboard does a better job.
No way the new HudBay CEO can #%^& GG up as bad a Chuck has.
I see this Credit Suzie scam call as a counter-indicating buy sign.
This zombie co. being "run" into the ground by a bunch of Wall Street empty suits with zero mining experience.
They are just Overpaid schills for GS and JPM so the criminal banking cartel can short down the price of gold in the phony paper (Comex) markets, and take delivery in barrick's production which is actual physical Gold.