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Atlantic Tele-Network, Inc. Message Board

symmetric_prime 32 posts  |  Last Activity: Dec 18, 2014 11:02 AM Member since: Dec 21, 1999
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  • symmetric_prime by symmetric_prime Dec 18, 2014 11:02 AM Flag

    It seems to me that in a conference call a few years back someone asked if ending the Cuban embargo would benefit ATNI and that the answer was yes, because of our foothold in the Caribbean. Can anyone confirm this recollection? I am getting old enough to conflate wishful thinking with remembrances of things past. For example, I think I remember passing chemistry, unlikely as that may be.

  • symmetric_prime by symmetric_prime Dec 15, 2014 11:50 AM Flag

    Looks as though we will make a new yearly low this week

  • symmetric_prime symmetric_prime Dec 5, 2014 8:55 AM Flag

    What would you say? ":prolongs life, will prolong life, does prolong life"? Show me a press release with no fudge words in it. Everything I've seen says the data "appears, strongly suggests , supports" . If I were the CEO and nobody died, I would still err on the side of caution and let the data speak for itself.

  • symmetric_prime by symmetric_prime Nov 19, 2014 9:08 AM Flag

    "We may revise and update these Terms of Use from time to time in our sole discretion. You are expected to check this page from time to time to take notice of any changes we made, as they are binding on you."
    I'm certainly not going to agree to this, but I would buy the product, if I could find a reasonable way to do so.

  • Reply to

    hedging losses

    by symmetric_prime Nov 17, 2014 9:48 AM
    symmetric_prime symmetric_prime Nov 18, 2014 10:27 AM Flag

    Here is the problem that I see. We have borrowed money at 13.5% at a time when interest rates are at historic lows in order to produce a product whose value has declined by about 25%.

  • Reply to

    hedging losses

    by symmetric_prime Nov 17, 2014 9:48 AM
    symmetric_prime symmetric_prime Nov 17, 2014 12:07 PM Flag

    Well we are in the same boat, so I may as well stop complaining and start paddling. I think PDO was better positioned to withstand the decline in oil prices. I'm not saying we had wonderful reserves or that we would have been hedged up to our ears, but PDO was the oldest listed oil company in the world, and part of the reason for its longevity was that it did not take on much debt. I am glad that YUMA was able to sell the preferred stock, but the timing seems to me to have been poor , perhaps even desperate. So I still believe PDO stockholders should have tried to avoid the merger. But here I am a YUMA stockholder, and I promise to stop whining.

  • symmetric_prime by symmetric_prime Nov 17, 2014 9:48 AM Flag

    Narrow minded here with the hopes that someone can broaden my understanding of YUMA. I remember owning an E&P company that had hedging losses when the price of natural gas spiked. The company guessed at the top and missed, but that seemed reasonable and prudent to me. Were our losses incurred by PDO, or were they incurred by the present management of YUMA? Or did I misread the report and we actually had hedging gains? What sort of hedging gains/losses can we expect going forward? BTW in my experience, in general it is not a good investment strategy to assume that when a company makes new low after new low at levels not seen for years, the people selling are misguided.

  • Reply to

    Settlement in legal proceedings

    by p.faas Nov 15, 2014 3:47 AM
    symmetric_prime symmetric_prime Nov 15, 2014 8:38 AM Flag

    I appreciate your forbearance. I think we can see the gap I mentioned: judging from the stock chart, I would guess that some lawyer had an inkling on the 10th that there would be a settlement on the 11th. I agree with others that the stock is now a buy. Suddenly it appears that both our legal problems and our production problems are behind us.

  • Reply to

    Settlement in legal proceedings

    by p.faas Nov 15, 2014 3:47 AM
    symmetric_prime symmetric_prime Nov 15, 2014 7:14 AM Flag

    Of course I am not privy to the terms of the settlement, but I know the position I would have taken, had I been arguing for CYAN: We incurred large legal fees, because the other party dragged us in to court, and the court itself has ruled that the other party's insistence that the matter be settled in court, rather than by the agreed upon arbitration, was in error. Therefore I would have claimed payment of our legal costs.
    I am not a lawyer, and I have learned first hand that lawyers make their living on the thin spit of land between what is legal and what is just. This is just a layman's view. If I turn out to be wrong, please don't sue.

  • Reply to

    Need help to choose a discount broker

    by tuan2le Nov 14, 2014 7:07 PM
    symmetric_prime symmetric_prime Nov 14, 2014 7:33 PM Flag

    I have had accounts with E*trade, Ameritrade, Scottrade and Merrill Edge. IMO E*trade is the best of these. Scottrade is OK if you don't want to buy bonds and are confident that the stocks you buy won't trade below a dollar. (The commission jumps on trades under a dollar there.) You can't even get a quote and size on some smaller stocks at Merrill Edge, but if you are just trading large cap stocks, Merrill is fine. Merrill must have huge bond inventory, but you'd never guess it from their Edge platform. Stay away from Ameritrade. Here's a simple test you can perform for yourself: go to the AMTD message board and notice that about 2/3 of the messages deal with complaints. I don't know how far the messages go back, but the complaints have been on going for years.

  • Reply to

    Another multiyear new low

    by symmetric_prime Nov 11, 2014 12:42 PM
    symmetric_prime symmetric_prime Nov 13, 2014 11:12 AM Flag

    AS Twain put it, "it's difference of opinion that makes horse races," but if the CEO is so clever, how come we had to issue a convertible pfd yielding over 9%. Of course, I haven't been driving the price down to lows not seen in ages; I'm just expressing the opinion of the market. BTW we have made another new low today.

  • Reply to

    Another multiyear new low

    by symmetric_prime Nov 11, 2014 12:42 PM
    symmetric_prime symmetric_prime Nov 12, 2014 5:40 PM Flag

    yet another new low.. I wonder if the poster who wondered why anyone would want to oppose the merger has caught on yet. It was a great deal for the YUMA shareholders though.

  • symmetric_prime by symmetric_prime Nov 11, 2014 12:42 PM Flag

    @ 2.36. I like to think that low may hold up through the end of November. Just think, the value of PDO has been cut in half by the merger.

  • Reply to

    The QTRLY RESULTS ARE OUT!!!!!!!

    by southwalled Nov 10, 2014 7:53 PM
    symmetric_prime symmetric_prime Nov 11, 2014 8:54 AM Flag

    Anyone know how much we have spent on legal fees relating to the patent dispute?

  • Reply to

    Cyanotech wins big legal appeal

    by prince_ashargin Oct 30, 2014 8:20 PM
    symmetric_prime symmetric_prime Nov 5, 2014 1:16 PM Flag

    I got interested in the market as a kid, and my father who was a broker on Wall Street had a book, "Technical Analysis of Stock Trends." I'm pretty sure Magee was the author, but I don't recall Edwards.

  • Reply to

    PDO?

    by tjwyoming Sep 12, 2014 7:04 PM
    symmetric_prime symmetric_prime Nov 4, 2014 1:39 PM Flag

    Trading at $2.80 a share.

  • Reply to

    PDO?

    by tjwyoming Sep 12, 2014 7:04 PM
    symmetric_prime symmetric_prime Nov 4, 2014 8:35 AM Flag

    Actually you don't have to wait till next quarter: look back to see the last time PDO closed at $3.21 a share, or ask yourself why YUMA had to pay extreme interest rates to float a preferred, which it sold to the public in the teeth of declining oil prices.

  • Reply to

    silver lining

    by symmetric_prime Oct 24, 2014 11:14 AM
    symmetric_prime symmetric_prime Nov 3, 2014 2:27 PM Flag

    I hope that the people who shorted AXDX in anticipation of the panicked selling caused by the hatchet job they sponsored are still short. Unfortunately, it's likely they have already covered and gone long. You wouldn't think the CDC would partner with the sort of company the hatchet job implied AXDX to be.

  • Reply to

    PDO?

    by tjwyoming Sep 12, 2014 7:04 PM
    symmetric_prime symmetric_prime Oct 27, 2014 2:36 PM Flag

    PDO did not sell at $3.40 a share in the past five years. If you were a PDO share holder and you did not vote against the merger you were a fool.

  • symmetric_prime by symmetric_prime Oct 24, 2014 11:14 AM Flag

    Maybe this stock will not go back up, but if it does you'll know they will have shaken out all the weak hands.

ATNI
67.01-0.18(-0.27%)Dec 22 4:00 PMEST

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