Seriously bro insiders just purchased 30 million worth of stock at $15 average, what does bro really mean by someone using it, other than someone that may be clueless
I figured this was done a few months ago.
Felipe Menendez and Ricardo Menendez have resigned from the Company's Board, effective December 19th, 2014.
Also once again I hope the new management keeps and develops the Ocean Business, it was prior stated that this business might be sold to the Menendez family.
Big question now is; PBR & VALE.
Well; I have to tip my hat to you, seems you have a knack of calling this one. Not that I believe you will tell us, but how are you figuring out this one, and what are the risks having so much tied into PBR. Although had we known the oil problem, I guess this collapse should of been seen.
perhaps with all the questions here, we should call that Prxxk Tobin Smith and ask him when it is going to hit $4 that he pumped it would hit in 6 months, which happened to be 2 years ago. Why we have all these Madoff people allowed to spew such #$%$ is beyond me. He is a snake oil salesman just like Obama.
Well thanks, at least one person here is trying to make some logical since of what is going on. Although I certainly would believe the insiders are well aware of the risks of oil on the company, and would not be sticking their neck out at this time if there wasn't more to this buying than meets the eye, especially with multiple insiders making these buys.
Insiders have been buying everyday this week, I hear a lot of nonsense here, can any one talk straight here, as there is only one reason for all the buying. Anyone know exactly what is going on.
sounds like you are the bitter person, what ever age or gender you are. Nothing but a looser Obama holding up this country, he has lost of Millions on those losersr he backed like Solindra and etc, hoping to bring down oil and coal for his agenda. What a fraud he is.
My take on what I just heard is that prior Management is completely out, they were paid off with 5+ Million severance. Reading between the lines, I don't believe the Ocean Business will even be sold to them, which I believe is a plus to be developed by new management. I was glad to see some one push the question on why a problem existed with the Push Boats, it came out to me as poor maintenance and training, again showing poor prior management. Perhaps there is now some hope.
another comment; they always seems they have an excuse every quarter, now are they serious that they didn't plan for having enough Push Boats, didn't they realize this last quarter when in the excuse they said some thing to the effect that they had a lot of grain backed up and thought they could move it out this quarter. It's called planning. Also I didn't see a word about the sale of the Ocean business to old management. Hopefully this will all be corrected now. Guess the only bright spot now is that we can buy cheap stock tomorrow.
Certainly good that this company is getting new management, I actually believed with all the new ships and contracts talked about almost a year ago that this was going to be a good quarter. Long term is getting a little old for me.
I believe that is called a synthetic trade, allowing him control that amount of shares at $12.50 with putting up a lot less money that actually buying the stock. Of course those have expired and have nothing to do with what he may be holding unless he exercised these into stock or just closed the option trade. I believe I am correct on this, if not, please advise as I am just learning option trading.
Sooner or later Tobin Smith might get lucky and pick a winner, but his track record shows like a bump and dump scam. I was involved in BMIX that he sent out news letters bragging the stock would go to $5.00 in 3 months when it was at $0.60, today it is $0.03. be careful with any thing connected with this guy.
It is certainly prudent to pay no attention to the e-mail you are speaking about, but don't consider this as a negative on this company. All this person is basing his information on is that a large amount of long options were purchased on this company on Friday. This information is available to any one looking for it, and makes this person no smarter than anyone else, he just wants us to believe he is. Actually the action is very bullish, someone is putting a lot of money on it.