nothing antique about coal...it's a cheap abundant energy source in many places of the world. And modern pollution controls render it innocuous, despite what the hysterical doomsdayer enviro-whackos spout on the media. Trouble is, a lot of coal plants have been grandfathered in without pollution controls, while Obummer is wasting tons of money on Quixotic windmill crusades to save the world. He could be outfitting old coal plants and developing nuclear. Nuclear is the ultimate answer for the reason of simple physics...energy density of nukes is 1000 times fossil fuels. Nuclear is also safer than combustion tech....Fukushima killed no one, 3-mile island killed no one (and is still operational), Chernobyl only killed a few of the first responders...how many nukes run everyday supplying zillions of gigawatts without incident?...yet people die everyday in coal mines and drilling for oil and natural gas, die of black lung... Nuclear is by far the safest energy source out there, especially when energy density and entropy is considered, as they must be in a rational debate over what energy source is best.
hahaha...someone got suckered by Al Gore's doomsday cult and his pseudo-science. Saving the planet by buying a car that runs primarily on coal.
Sentiment: Strong Sell
Been watching copper again myself, I'm going to put some dry powder into SCCO in the morning me thinks...
HA! right now the people who have 100% control over the company only hold ZERO % of the company, they own no stock NOTHING nada...no skin in the game. If it bothers you that a large amount of control of the company is in the hands of people with little stake in it, you should be very very bothered by current management, much more than Casa.
Look at the qualifications of Casa board nominees...Casa is not suggesting they are going to run the company so much as appoint people who are qualified to run the company. One of the candidates was a former SWC member, did very well getting them out of the mire by swallowing their pride and shedding a non-performing bad asset they paid too much for, at which point the stock rallied....same situation here only worse. Vote Casa.
Another mass shooting and threat of gun grabbers passing gun control laws. That's what drive SWHC sales and stock price.
less premium for calls because earnings are out so there is less speculative demand for them and VIX is down too a bit. The upwards movement of the stock isn't enough to counteract the reduced premium from lowering demand and less volatility
shorts were warned many times, yet many were and still are obstinately tenacious...no one to blame but themselves at this point if they get reamed. The ones that covered before the proxy vote did very well.
ah...we sold a bunch of bad debt to the Chinese, then we devalue our currency and pay them back with worthless paper...that's why the Chinese have been buying so much gold as a hedge against our rapid currency devaluation over the last 10 years. We've sold them nothing of any substantial value and as far as our technology goes, they do keep stealing it...this is a problem.
OSTK has been the biggest basher board I've ever seen and undeservedly so....seems like no one on this board can acknowledge the wisdom of OSTK being on the forefront of major retailers accepting Bitcoin and why this is a low risk and little-to-lose everything to gain decision that any forward looking entrepreneur would have made. Nor can the bashers differentiate between CEO's politics and his sound business practices. This is a low-debt, profitable company with a very reasonable valuation in an over valued market....why bash? This stock has out performed an overvalued and over hyped market driven by greed and vanity and fads for quite a few days now. OSTK is a solid company in a growing sector....why bash? Bashers who were short are deservedly getting their #$%$ handed to them....good riddance, they deserve to lose today.
Actually, that's incorrect, the bagholders still own shares and never sold any of them, hence holding the bag at an unrealized loss, so you made no money off them...the people that made you rich are the weak longs that capitulated and sold at a loss, none of which are on this board. Congrats on the long run you had! Enjoy your winnings.