For the first hour, then you will see a recovery. Low volume has two edges to it as the selling volume that you see in the first hour dries up and light buying volume can push the stock higher.
Market manipulators will be found, jailed and in many cases executed. The sure would curb naked shorting in CLF. ( I added the execution part for color, but will not put it past them)
I can see it now, a Burt Reynolds mustache, polyester suit and a cute blonde.
They sure cut the horsepower during those years, of all the engines, my favorite was the 327 fuel injected Corvette of the 1960's, light weight and high performance.
I had a 67 Mustang GTA and sold it with the gas crunch. Bought the 71 Pinto, had good power and even better after I turbo charged that 2000 cc engine. Several years later I was helping a friend working the pits in the lessor Indy car series and all those cars were running on that 2000 cc engine. Found out if I had that Pinto again, the engine alone was worth 3 times what I paid for the car. Then again that Mustang is now worth 20 times what I paid for it.
Now you are hitting really low, why would anyone want to get rid of a Vega? I wish I had that darn 71 Pinto I sold back in 1978. Depending on condition, a 1972 Vega goes for $15,000 to $25,000. Not bad for a car that sold new for under $3,000.
If you come across something, please do post it, this is really helpful to all of us that trade this stock, long or short. Keep in mind that anything you post does not have an impact on the price, the information you provide has made an impact. Having 20 people researching news is the only way we can have a slight edge on the markets.
Good luck with that, if the price falls from here, Jeff (oht) will be back. But I have to agree with ca fish on this one, odds are better shorting at 100 than it is at this level. However, everyone here needs to make up their own mind and need to realize that anything post here have zero impact on the price of the stock. So please keep your postings informative and don't slip into the patterns of others.
Thanks, searching out information is a game for me and I enjoy going after the most obscure sources. I will continue to share all information I find unless I made a promise not to release it.
Lets just add up some numbers: $200 million from sale of port and rail facilities, $200 million from coal mines, $300 million from inventory sales and $100 million from tax refund…. Total $800 million without additional cash or asset sales… can cut debt further.
Everyone here does not realize how important the Quebec release about bidding on the rail and port facilities are! They need to step up to keep it out of Alderon's hands!
That everyone can post here and I have to provide you with all my sources? Some of my sources don't allow me to post here and I have left that information off this site. But some of the information had no mention of leaving it out. But I can guarantee you, if you let the people at a source know something that has not been made public, they want to know where and who you got it from.