Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
z_deville- Just read your a.m. posts, my 2 cents: look at Dave's last post, "quality tickers recover."
That's my whole strategy in a nutshell. If you're not nimble enough to jump in and out quickly--and few are--it's another way to win.
Going to Florida in June, will send you complete list of my holdings to short.
LOL. If I can just scientifically establish causation between vacationing and stocks tanking instead of mere correlation, I've got my short positions licked!
No, I just let it ride. I'm either too busy with other stuff or too lazy or too stupid to actively trade.
My wife goes with the last choice.
Still holding a sizable chunk of WLT @ $17.50, would you tell it to break $20 already? Jeeez.
Hope everyone is doing well. I'm busy with some other stuff so I'm not trading much last week or this.
Still holding:
10,000 shares of WLT @ $17.50, green on that, target $23 - $25.
25,000 shares of AZK @ $3.64, also green on that, looking for $4 - $4.25.
Best of luck to all!
I like Walter Energy (WLT) gradually moving to $25, no babysitting needed. My largest holding.
Best of luck.
I owned it this past fall/winter from around $4 to around $5.
If it goes below $5 I'll be buying again.
I also like LIWA.
It's one of the few China small caps that has shown reconciliations of its Chinese State Administration for Industry and Commerce (SAIC) filings in China and their U.S. SEC filings. As you know, many Chinese entities are using ridiculous sales and earnings figures and their public SEC filings are nonsense.
OT: Insomnia Linked To Higher Rate Of Future Hospitalization. Uh-oh, I'm in trouble.
http://www.medicaldaily.com/articles/15400/20130510/insomnia-hospitalization-sleep.htm
Excellent point and I've thought about that.
I am a trader with AZK and can/will sell at any time.
Some traders who are still holding when the purchase actually takes place may decide to just dump any HL shares that they receive, at whatever price it is that day, probably causing a healthy dip (buying opp for longs?)
Others might say to themselves, "HL shares in the low $3's, what a deal!" and continue to hold.
Thanks much, have a great day.
I'm agreeing with both of you. However, as it seems to me, whether an AZK shareholder is compensated with all cash, all HL stock, or a combination of the two, the market value will be almost identical.
Agreed?
LOL. I agree, but there has to be a legal reason that only the BOD's of both companies and their attorneys understand.
Anyway, I think that a holder of record will receive either $4.75 per share or the equivalent in Hecla shares.
S.- Yep, I read all that last week but IMO it's poorly written and somewhat murky.
I've never seen a cash/share buyout where each and every common shareholder did not receive about (sometimes to four decimal places) the same value per share, no matter which method of conversion was selected.
Is this your understanding? TIA.
Any thoughts on why the sell-off? Tomorrow's action? TIA.
AZK: One millimeter away from hitting the sell button at $3.98 but got greedy, $7K wasn't enough, wanted 8. Jeeez, what a dope.
Still think $4+ is in the cards.
Our grandkids will say, "What's a PC?"
Logic cost me $25K with that one. Should have been thinking, "What's the most insane thing that could happen?" and bet that way.
On this board DD stands for "Don't Delay".
Didn't someone say yesterday that posting a chart would probably get him banned?
I think that for shareholders it's a combo of cash & HL shares using some cockamamie formula that no matter how many times I read it, is still unclear. AH, if you have the time, explain it to me like you were talking to a 10-year-old.
Anyway, approval is a total no-brainer. Hoping for a big move on Friday.
Keep saying things like that, even if it's not true.
Re AZK: Isn't the shareholder vote on the HL purchase tomorrow?
Been a stressful hold but my WLT finally moving. Insider buying under $17 did it. Still holding.
WLT: IYO, $20 a realistic possibility? TIA.
WLT has been wtf for me: fingers crossed here.
Very busy with some real estate stuff so not trading for awhile, still holding AZK & WLT.
Best of luck to all.
Vintage- Re AVNR: Small bio's operate under their own rules in their own weird universe independent of normal trading. That's why, after decades addicted to them, I recently stopped.
AZK: Near 6-month lows and a buyout around the corner, thought we'd be at $4 today. Any thoughts?
I'll assume that you're joking.
"It will be different if Syria launches strikes against Israel..."
LOL. No sh**.
Israel/Syria thing scaring me to death. If that gets any worse, watch out.
Got some more AZK at $3.57.
Wow, awesome buy. Think I'm going to buy more here, hate to use an over-used phrase, but IMHO this is a "no-brainer."
In 5K more shares AZK at $3.57.
AZK: You buying?
WLT going to finally move today? This week?
Good morning all.
Don't know what I'm going to trade each day this week, will just play them as they come, but I have a very large position in Walter Energy (WLT). Currently mid-$17's, looking to sell at $20.
Best of luck.
EDIT: Also in AZK shorter term, looking for near $4.