Everybody made money here except the average shareholder. 21 was severely underpriced and did not adequately reflect the value of the company 11 months ago but now it does. The lousy CEO is staying in charge- no wonder they are accepting- shame on them- this sux
Is there any chance that this sells for more than 21. Could the bogus lawsuits have any effect? I am surprised Elliot accepted this.
This sux so very bad. The shareholders got screwed so bad here. Taking the 21 that was summarily rejected 10 months ago is unconscionable. The board should be ashamed. Just awful. Why would there be no "go shop". I'm so disgusted.
Hey. You mentioned a -go shop- provision. Do you know that there is one in the agreement? I have not been able to find anything. This absolutely sux. Accept the same 21 that was declined 10 months ago. Just disgusting.
Rejected 21 10 months ago to accept the same today. Got schooled last week when it was 20.70 and the MMs put out a note and sold her down so the little guys got out and then pulled her to 21, not even. Jerry and the bopard should be sues and they will be- I am not sure I am gonna hang around. If this closes in 6 months at 21- it would be like a 6% annual return. I'd like to hear from others here- #$%$ or just happy to be over with? GL
I don't want to put much stock into 1 days action, but it was strong today and the $1 drubbing last week as it approached 21 seemed rather suspect. I would be happy with 23 or more but the chance of it dropping $3 on news that they couldn't find a buyer is just as likely. Really- would anybody here be surprised? GLTAL
I am a teacher and I spoke to Santa this week. He is switching to natural gas for naughty children's stockings this holiday season. THAT must be why the coals have been taken to the woodshed. This has been just a massacre.
- drops if China goes down a little and plummets if China has lousy eco numbers
- tanks if oil goes down
- EVERY 8% rise is greeted with a 10% drop the following day
- Drops if insiders buy
- drops on an up market and tanks on a down market
- drops if the talking heads recommend it on Fast Money
- drops if the coals decrease production
- drops when NG rises and plummets when it goes down
The selling is relentless. This is the worst investment ever. Each long has posted strong reasons why the coals will rise and the bottom is in. WE are all wrong. The only right person has been the tool who has said BTU is going to 5.
This is very sad. I know it is the sector- clf, wlt. anr. aci. cld, all have tanked- investors have been crushed. Even the insiders don't know when to buy. Is there an end to this?
Usually the stock goes UP when an insider buys---- not good old BTU- the MMs slam her down to the ground.
I was just gonna post "daily afternoon dump." This is freekin unbelievable. The money managers just push the sell button at 1:30. What will cause this to go up?
I am in the exact same boat; Don't know what on earth happened yesterday---shorts pounding it down to cover? I called IR- they are not allowed to comment- may I'll put a call in to Elliot. I just want this done. 21 is meh. 23 is good, 25 is great, 27 is out of this world. Pick one.....