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Dex the company has been thru tough times before. New more expericed management is now in place to lead the company in a better direction.
I would love to see some insider buys, or anyone taking a 5% stake. If the company believes they are under valued some buys would be a great sign to us investors.
Are the shorts covering with those Eod buys?
This company will be bought out by some Chinese investors before it ever goes bk. you can clearly tell that they are putting in more experienced management in place to turn the company around.
It was posted last night by me and it's on the top of the board.
There is nothing that states that. They would have to file something with the sec.
1.22 is the battle ground, buy when there is blood in the streets. Let's go PCX! Give us that fiance news we need to hear about.
Put the spin on it whatever way you want.
No that is not what it says.
Immediately following the Petition Date, The Comapny will undertake BEST EFFORTS TO ENSURE ALL STEPS ARE TAKEN,BLAH BLAH BLAH BLAH BLAH
Go back and reread everything a few more times, I think you are spinning things a little bit.
Note holders control the company right now, they can do whatever they want.
I have took the time to read them and I believe I was the 1st to find them. I dont need to post anything because it's you that is posting something and leaving out a ton of other stuff.
Moody's Downgrade of Banks ‘Absurd,’ Says Dick Bove
http://www.cnbc.com/id/47912905
Yea they are very very negative on the stock. The company has been thru these hard times before, They will bounce back. The shorts are def taking advantage right now.
Alexander & Baldwin Inc. (NYSE:ALEXwi) will replace Patriot Coal Corp. (NYSE:PCX) in the S&P MidCap 400 index after the close of trading on Friday, June 29. Alexander & Baldwin Holdings Inc. (NYSE:ALEX) is spinning off the new Alexander & Baldwin to shareholders in a transaction expected to be effective after the close of trading on that date. The stub company, which is changing its name to Matson Inc. (NYSE:MATX), will remain in the S&P MidCap 400 index following completion of the transaction. Patriot Coal is currently ranked #400 in the MidCap 400 index and is no longer representative of the midcap market space.
Volume looks good, pps up nice... Market is telling moody's to foff. BAC has been making a nice run lately.
http://data.cnbc.com/quotes/bac%2Cc%2Cgs%2Cjpm%2Cms
So far most are up in AH.
Yup coming back up nice!
No big deal, We will rally it all back.
Cant wait tell the day hes out of office. My coal stocks taken a beating
NO they are not! The noteholders set these terms and can do whatever they want. Your only posting and reading the part you want everyone to see.
I dont think you get it man, READ THE WHOLE DOCUMENT!
Right when BAC was starting to take off, $hit Street wants to take them down... BS downgrade by moody's.
They can still file late today and it wont post until the AM.
Also this is way overblown... Read the terms more and it will state that if they dont, they can get an extension from the noteholders.
Not just PCX. Bad day overall in the market.
well without news and the crappy economy its a shorters game now. Summer just kicked off we need some solid news to turn the tide, which imo will come soon. Shorters having a field day right now.
Market getting owned today. Red all over.
Big money will come poring in, as in hedge funds and institutional investors once the company secures its new finance deal, it will put confidence back in the stock.
SO YOU ARE OK WITH SWANK GIVING THIS GUY 8MIL FOR 0.0006????? WOW...
http://www.otcmarkets.com/financialReportViewer?symbol=CGAQ&id=84354
CHRIS GRAHAM NOW WORKS WITH AARON BAKER AT THERE NEW COMPANY
Key People at Digital Net Agency
CEO
Aaron Baker
Contact This Executive
COO
Christopher Graham
Contact This Executive
http://digital-net-agency.topseos.com/
LOOKS LIKE BAKER TOOK DOWN HIS NEW COMPANY PAGE OFF FACEBOOK.
Digital Net Agency, Inc.
Whole market is getting pounded today.
Dow Industrials and S&P 500 Turn Negative for the Week With Today's Selloff (Click for More)
http://www.cnbc.com/id/47903220
hes not my buddie, hes someone i used to talk to. he used to pump the stock to me. look at the most recent financials and you will see.
Swank sold 8mil shares to an investor for almost nothing. How do you guys feel about that garbage? BTW i know the investor really good.
Right now it's only about one thing that the market and future investors are looking for, esp the ones that bailed out last month. Will the company be able to get the new finance deal done and what are the terms.
Shorts are still taking advantage of the market and the confidence in investors. I am sure the company is working hard to get this finance deal in place as it will restore the confidence it needs to go forward and more importantly give its much needed bond status back to B-. shorts will get burned soon.
coal stocks getting hammered today, good day to get in PCX and JRCC
ceo sells shares to close that new deal... thats one thing to look out for. it tops .04 then comes right back down
An 8k sometimes takes up to 3 days to show up.
Ok you right I guess they still do...
An article that is about 1yr old... The company does not have those anymore. Do some more recent research.
Once finance news comes out and if it's positive the market will adjust and more importantly so will the rating of the company's bonds. that alone will take us to $3+. Market is waiting for that news and so are we.
What are you talking about? the company from what i know does not hold anything with any music companys.