We have schools , teAching liberalism of course, like no longer keeping score in young kids basketball games and that kind of rubbish. Factories wont come here because they are nothing but a institution for the liberals to tax, so when a liberal says he wants factories its not for the jobs its for tax and redistribution of wealth.
The worker mentality up here is to be content to be on unemployment for up to 9 months and then just assume theyll get an extension. That is the description of a liberal society.
Cancelcurrent shares, give shareholders 1 new share for whatever and they can make the share price 50 if they like but current holders still lose. Could also use a reverse split like citigroup did to make the stock look better
I think we will have to see so e sort of selling climax but at what price i dont know. Clf will survive in some form but much smaller and who knows what will happen to the current outstanding shares, cancelled? New ones issued ? Reverse split if it drops to 1 or 2$ ?
Here comes a shot across the bow to pinhead leftwing loon lawmakers as keewatin taconite will be shuttered in may indefinitely. They are talking on the evening news and they are a site to behold wondering what brought this on. Biggest reason given so far was the market combined with environmental regulations and wild rice standards. Over 400 out of work.
Seems to have lost a little steam on its breakout attempt. The market averages are showing overbought so im thinking this could sell off a little if we get a 200 pt down day.
Besides the obvious of the environmentalist delaying this more headwinds to consider are the bearish price movements in plm commodities at least for now. Also the growing rift between dayton and majority leader tom bakk who is from the range. Governor moonbat, who is unable to speak coherently on tv, just might decide to drag his feet even more than he is on the project to get back at bakk. My dreaded wild card for the stock is the spector of a reverse split, especially if they issue more shares for project financing, there are just way too many shares of this outstanding for a company at this stage of development. 1 for 10 reverse split not out of the question. Yes i agree the big money in this is a decade out but i have lowered my expectations as i slowly grow old watching this project and still hope to make a little something in the near term if we can see 3 bucks or so.
Sounds to me like he turned negative on the group last night, said money is flowing out, only positive on celgene but not t ill it sells off. So all the little guys should quietly take their lumps and sell and buy one of his new recommendations in extreme overbought territory.