We were $34 in 1999.. what a mess.. Utilities, Mriets, miners.. getting destroyed.. multi year lows..
All I know is SOMX was a mistake, a horrible long and painful investment.. lesson learned.. looks like someone dumped a sizable amount.. tax loss selling?
Don't worry I bought plenty at $3.15 & $3.05.. so I won't be buying any longer.. However if a buyout is in the works (not including Sierra comments) then buying now would not be a bad idea..
I was wondering the legality of this blog.. It would be pretty blatant to release a statement of this matter. Then again they did use the "believe"..
Added more at $19.40.. I'm going out on a limb here hoping this brutal beat down is somewhat overdone.. Not that it means all that much at least we have some insiders buying..
Wonder how credible these guys are?
anyone have any experience with Sierra World Equity?
Sierra’s leads believe that potential buyout discussions are happening between Newmont Mining and Allied Nevada Gold, ANV shares moved higher in Tuesday’s session, check back for updates as Sierra and her team monitor developments and bring you the breaking news first!
I still can't believe how SDT is trading.. From what I read SDT is trading at a premium compared to SDR. Drilling obligations and subordinates have been met on SDT and yet it climbing well above the $9 lows.. while SDR flounders at the $9 lows.. granted SDR distribution was lowered but they still have more drilling and subordinates to fall bck on..
He said sell MHR due to accounting irregularities and I bought as low as $2.41.. just recently sold it for $7.75.. This is a high risk spec play.. sometimes the reward is worth the risk..
AGNC is now trying to anticipate and adjust to changes in interest rates so far they have been slow and their timing was pretty awful; however, that may already been priced in as they are at close to 5 year lows and well below book value even with a lower valuation.
Do you understand that these are mining companies trading at 5- 15 year lows.. They are priced in for less than $1000 gold...
Maybe if we're lucky we can trade like SDT one day.. At a premium.. Who's buying SDT? and selling SDR? blind traders? Unless many missed SDT's valuation?
From "$0.41-$0.92" to "$0.05 per share"
OK I'll take anything in the middle.. or at least anything above $0.10.. management doesn't appear to be predatory towards the common in the past.. so let's see if they throw us a small bone..