I read a story a few days ago about Venezuela pleading with Saudi Arabia for all of OPEC to take action.
Today Saudi Arabia is sounding as if they may be interested.
This gives them(SA) an out, as they can say they are doing it for Venezuela which is in serious trouble financially. They don't have to admit that they were wrong in any way.
The days of supply could go down if the daily demand goes up.
More demand uses up the supply faster.
Most day traders lose money...
An analysis of trading patterns at one day-trading firm in the study showed 7 out of 10 day traders lose money, while fewer than 12 percent made a profit on their short-term trades.
NASAA also claimed a majority of day trading firms rebuffed requests from state regulators to back up claims of profitability. In one instance, the association claims regulators found 67 of the 68 accounts at a day trading branch in Massachusetts lost money.
Those aren't such great odds are they?
These guys do not know what they are doing.
How can you take a viable business and ruin it?
I think they are trying to do too many things.
I understand about weather and farming...but the decline in fruit juices sales is unbelievable in a 3 month period. That does not make sense.
The $4 million worth of stock issued is to satisfy Keltic or be in default as you point out.
The company mentions that participants in that offering will be rewarded in such a way as it will not be dilutive to them.
I think that means dilutive to total shares if they buy their full allotment.
That would be shares offered low enough to give the same value as the approx. 33% dilution.
You are right...they could be at 10 cents.
disclosure: not a shareholder or short
I have HH on my watch list.
It looks like everyone is holding the positions they have.
No one feeling the need to sell or the desire to buy.
I would like to see some uptick in the bottled drink business again.
I would like to hear some progress with the Mei project and others.
In West Texas there is still some activity in drilling.
These wells are not being completed.
I have not seen a frac sand train in weeks.
I read recently that silver will be all depleted (in ground) in 40 years.
I would think that EXK has a 20 year future as a stand alone company.
I want to be optimistic!
LNG terminals will open ngas to a world market and help with the pricing. probably not up to what it sells in Europe.
Oil is a global market whereas ngas is mostly locked up to the US market.
Do the math...
They are selling a little more oil at less than half the price...verses cutting back 20% (if they bore all the reduction) and would be selling that at $100/ barrel
They would be making much more money.
Saudi Arabia is already using secondary recovery techniques to pump their oil. Their fields are vast, but they are old and in decline.
I wonder if they(OPEC) will ever realize how stupid they were. they could have cut production and keep prices up, they would have made more money and had more oil for the future.
Will you be buying any shares before SPU reports earnings?
I am considering it as the price falls...but I own a boat load already and shouldn't do it.
AVXL bombed today...you missed that one... and you are wrong here too!
A 13.8% premium for Plum Creek does not sound like they are over paying.
Will PCL stockholders approve of that amount?
They will get a dividend increase on top of that.
Yesterday you said CDE was worth .25
What has changed in the last 3 weeks since you said CDE was worth .25?
EXK had a great Q3 report.
What does CDE have going for it now, that it didn't 3 weeks ago?