Sun, Apr 20, 2014, 7:11 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

American International Group, Inc. Message Board

txandco 14 posts  |  Last Activity: Apr 16, 2014 12:19 AM Member since: Jan 18, 2006
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    burning sensation

    by tenbaggerspls Apr 15, 2014 1:03 PM
    txandco txandco Apr 16, 2014 12:19 AM Flag

    Bingo. I've moved about $60k of my 401k into this so it's in there for years and years and years, and will double much quicker than any of the other #$%$ mutual funds i have to select from, plus at some point pay a divy. I'll move another $20k if this goes to the mid-low 4's; no hesitation with this.

    Sentiment: Buy

  • Reply to

    burning sensation

    by tenbaggerspls Apr 15, 2014 1:03 PM
    txandco txandco Apr 15, 2014 2:25 PM Flag

    Yah, you can't think and operate like that; you'll drive yourself crazy. This isn't your biotech or other high-risk stock. This one has some safety built into it and if you're a long-term holder than I am planning to be then don't fret about it. Relax. Chill. You haven't lost anything until you've sold it.

    Sentiment: Buy

  • Reply to

    Gearing towards a pop

    by bullz2bears Mar 2, 2014 3:12 PM
    txandco txandco Mar 9, 2014 11:23 PM Flag

    yah, we could most def. be in a better place with this, especially now that the divi is gone. i've got quite a few shares and will continue to hold for a bit longer (6-8 mos) if things done start to turn.

  • Reply to

    Gearing towards a pop

    by bullz2bears Mar 2, 2014 3:12 PM
    txandco txandco Mar 7, 2014 6:07 PM Flag

    true. however those are large cap co's while ESEA is a small cap, the big names will normally draw the attention. their prices will rise as BDI improves and when they do, investors will look to alternative shipping plays and ESEA is perfectly positioned to welcome new investors and when they flock, they will flock in numbers and our low float will take this up fairly quickly.

    that's just my personal pipe dream.

  • txandco by txandco Feb 28, 2014 6:20 PM Flag

    nice price movement today even though we settled right back at where we closed on Thursday. could really use some positive BDI news in March.

  • Reply to

    You now see earnings were great!!

    by onehandsome_mexican Feb 27, 2014 3:00 PM
    txandco txandco Feb 28, 2014 1:41 AM Flag

    Walter Energy’s natural gas operations in Alabama extract and sell coal bed methane gas from the coal seams owned or leased by the Company or others. Prior to May 2010, our natural gas operations consisted solely of the Black Warrior Methane Corp., an equal ownership venture with the E&P Company, a subsidiary of EP Energy, LLC. In May 2010, we acquired HighMount Exploration’s coal bed methane business. The acquisition of this business included over 1,300 conventional gas wells, pipeline infrastructure and related equipment located adjacent to our existing underground mining and coal bed methane business. In addition, these wells degasify methane from the area where our new Blue Creek Energy mine is located. As of December 31, 2012, we had 1,746 well that produced approximately 18.1 billion cubic feet of natural gas in 2012.The degasification operations have improved mining operations and safety by reducing methane gas levels in our mines.

  • Reply to

    Bought some today

    by zer0t0l Feb 26, 2014 11:16 PM
    txandco txandco Feb 27, 2014 12:47 AM Flag

    I haven't bought, but just put in a buy order thru my 401k. This is a legacy institution and in the long-run (think 30 years retirement) this is going to do just fine.

  • Reply to

    ship price

    by csbordone Feb 21, 2014 3:25 PM
    txandco txandco Feb 22, 2014 6:24 PM Flag

    clearly poor research on my end. good mention though, i guess i'll fall back to having no idea. :)

    i'm going to shut-up and go have a beer.

  • Reply to

    ship price

    by csbordone Feb 21, 2014 3:25 PM
    txandco txandco Feb 21, 2014 3:58 PM Flag

    I couldn't find it. Last panamax from Japan was acquired in 2009 for $27M and the ship was 10 years old at the time of purchase. I'd imagine it's probably around that amount if not slightly less $22-25M-ish, but hell that's just a guess.

  • Reply to

    Fourth Quarter 2013 Highlights

    by tiger_07_62 Feb 20, 2014 4:21 PM
    txandco txandco Feb 20, 2014 10:43 PM Flag

    Last quarter: Adjusted EBITDA1 was $(0.5) million.
    This quarter: Adjusted EBITDA 1 was ($0.1) million.

    Not the best situation, but they are clearly going for growth. I do like they added a "previously owned" Panamex to the mix that'll allow them to capitalize immediately if rates increase as opposed to having to wait for a build.

    I'm adding more.

    Sentiment: Buy

  • Reply to

    new buyer

    by dspears123 Feb 12, 2014 10:50 AM
    txandco txandco Feb 13, 2014 3:00 PM Flag

    such tiny orders go through 29, 71, etc...nibble nibble.

    Sentiment: Buy

  • Reply to

    prgn

    by csbordone Feb 12, 2014 4:49 PM
    txandco txandco Feb 12, 2014 5:53 PM Flag

    ouch. i'm to lazy to look up whether you thought ESEA would do something similar prior to the pref. series issued to pay for new ships, but I'll admit I was in fear of the same and they still may head in that direction at some point, but hopefully they're smarter than that.

    I do still believe ESEA is in a great spot compared to others.

  • - very capable of navigating the bulk shipping lows considering their strict operations and ability to manage costs. bankruptcy in the near future under current or even slightly lower conditions, not likely.

    - leadership shows dedication to shareholders through the recent series b offering, no watering down of the pps for the common. they have just as much skin in the game as we do.

    - I agree 110% with managements push for new ships at these low price-points. Being prudent over the years has positioned them well financially to take full advantage of this type of value.

    - unfortunately, because we're a no-name small-cap shipper we don't get the kind of foot-traffic that DRYS, SB, NM, FREE, etc get. I suppose there's some positive to be found as well regarding this point, but I'm still digging for one that I agree with. :)

    as always, doesn't matter if your're short or long ESEA, I just want folks to do well.

    Sentiment: Buy

  • Most likely in a similar way that Asian markets are taking to it which is positively.

    "It's great news and establishes that the Turkish central bank is independent. But it doesn't make everyone feel better across emerging markets such as Argentina, which is in a very different position," said Ed Ponsi, managing director at Barchetta Capital Management.

AIG
50.82+0.43(+0.85%)Apr 17 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.