The next 20 years in our world will be all about energy. Electricity works and it's sustainable for future generations. Silicon combined with Solar is vogue & trendy today. The basic plants, tools and equipment is worth at auction 10 cents on the dollar or more.
1,253,700,000 / 230,820,000 = $5.43 a share
Property Plant and Equipment / # Shares outstanding
4,143,700,000 / 230,820,000 = $18 a share
Bottom Line, We're toast!
Small caps lead large caps, the whole F'ing market is going to correct... were all doomed.
IMO, not trading advice, just a speculative hunch. I don't know about the stock markets day to day or week to week movements.
Who knows more about the company, you or and insider?
If you wanted to retain good employees would you dilute your shares and give them to your employee as an incentive to "Save" the company?
If cash is king and you have very little operating cash, would you dilute your shares in desperation?
I agree unless they manage to burn all their cash before an order comes in, which is very likely to happen during this depression environment.
January 19, 2011 08:34 AM Eastern Time
Former Fairholme Managers to Launch GoodHaven Capital Management
Markel Corporation to Act as Strategic Partner and Initial Investor
(3) Funds, Two managers leave, Somebody at Failholme has to be the baby?
Q. When is Ben going to raise rates?
A. When countries like China, Japan, Canada, and Germany stop buying our treasuries.
At some point a treasury buyer will demand more yield to overcome present risk.
I'd say the odds favor a rate hike if the Bush tax cuts extend and if North Korea or Iran needs some military correction.
No tax revenue to pay down or keep pace with current debts in 2018
God help the United States, we just keep digging ourselves in a deeper and deeper hole.
If we are required to perform a military action, that hole will become muddy, cold, and dark.
What the hell is wrong with our congressmen/women?
Thank god I only sold a small portion of my ULBI steak way back when the going got tough... I guess patients pays in the long run (providing the company is not a total piece of $hit).
I bought your broke, dumb a$$, exactly one year ago, today, for a measly 63 and 65 million market capitalization rate. You have no idea how many times I wanted to sell your pathetic undervalued company; but, forgetting my password and basically putting your spotty earnings action on ignore for 365 days allowed us to unite after all.
Thank you, you came though for me with around a 40% anualized unrealized return and the way I see it you'll either expand your business or get bought up by a bigger fish who also see value in quality, military grade, lithium batteries as I do.
HRS HARRIS CP 7/14/2010 10:40:29 AM
Three-legged trade - February expiration - It appear that one trader sold 1,500 Feb 35 puts to finance the purchase of Feb 45/55 call spread. 1,500 Feb 45 calls traded at $4.65 (bid:4.40 ask:4.70), 1,500 Feb 55 calls traded at $1.20 (bid:1.20 ask:1.40) and 1,500 Feb 35 puts traded at $1.75 (bid:1.75 ask:1.95), a net credit of $1.70 for the three-legged trade. Total of 3079 calls (12.27x 10 day avg call volume) and 9.02 puts (12.27x 10 day avg put volume) have traded.
HRS (HARRIS CORP) is at 44.8199 +0.7799
Calls: Bid Ask Volume Open Interest
11 Feb 45.00 4.60 4.80 1500 1
11 Feb 55.00 1.20 1.40 1500 24
Puts: Bid Ask Volume Open Interest
11 Feb 35.00 1.70 1.90 1500 5
Just in case somebody out there is perplexed as to what to do next and is seeking lower risk safety of their investment, read this...
"In summary, using a debt to equity ratio of .56, HRS shows a 5-year average return on equity = 17.5 . Based on a holding and compounding period of 10 years, and a purchase price bargain of 49. percent, and a relative FCF growth of 8 percent, then the estimated effective annual yield on this investment may be greater than 15 %."