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DAN! And in the face of probably best news ever for SHIP!
QUOTE: "Seanergy Shares Quiet; Co Tweets 'Cape vessels
daily rates at more than 100% premium over the last 5-year average
in Jan-Feb, respectively. 2021 set to be a record year for cape vessels."
This huge drop is dreadfully weird.
PS
I'm gonna buy a little more at this (HOPEFUL) "discount".
CONFESSIONS: I wrote off all my shares of FASC. About $120K in losses.
I had a few half way decent trades last year. And will
likely use up maybe $30 of FASC as offset (helps the pain
a little). So looking forward to $90 profits this year
so can use up rest of my FASC.
PS
I was shocked to see how many times I purchased FASC
stock. About 75 trades.
My biggest (and worst) trade was on 28 March, 2000.
45,000 shares for $23,000. (about .51 cents/share!!!)
For the life of me... I do not remember what I must
have been thinking.
You are Wrong. In contrast to your fraudulently fallacious
numbers.. a 100 times more people are being
murdered without coal.
Not to mention starvation, freezing, crooked
bureaucrats, etc. etc.
Give it a BRAKE! eom
There are more than 50,000,000 Americans out there
who would throw you under the bus for saying this:
"Coal is extremely harmful to humanity."
[THE "HARM" IS NOT HAViNG ENOUGH COAL]
Millions are dying, starving, and thirsty...
AND COLD - because they do not have enough coal.
Not having enough coal for Texas and its neighbors
is 1 of the worst 10 (PREVENTABLE) tragedies in
America's last 34 years.
AND THE PROBLEM ISN'T NOT HAVING ENOUGH COAL!!!
THE PROBLEM IS THE GREEN CARTEL SHUTTING THE COAL
ENERGY FACILITIES DOWN.
OMYGOD IN HELL ABOVE!
CPAMAN- This what I thought. I can kinda see a way
to maybe help any FACEESTAS still hanging in. I.'m
gonna take tax loss (actually have a few profits
to take losses against!).
As soon as I get out after 23 years.. KDSs will
start selling like hot cakes.
Ya think.
[b]MASSIVE INDIA MARKET FOR MOTORCYCLES:
"India's auto market is quite different from traditional markets, since it's
dominated by two-wheelers, accounting for ~81% of total sales."
This would open opportunity for Tesla to jump right in ready
to roll with purchase of Alternate Systems ALYI.
[for maybe a measly 3 or 4 $$billion]
https://seekingalpha.com/article/4407755-tesla-india-plant-looks-like-solid-move?mail_subject=tsla-tesla-and-india-an-interesting-marriage&utm_campaign=rta-stock-article&utm_content=link-2&utm_medium=email&utm_source=seeking_alpha
CPAMAN, Good to hear from you! And you make a good..
albeit far-reaching premise.
Quick question: If I take/use a tax loss deduction
for my shares:
1. And then the KDS market does skyrocket.
2. Can I undo my tax loss deduction and return to being
a beneficiary if possible financial benefits are
proffered by FASC???
Dan, Diversity. Yes. Law of averages says a person will
have at least a winner or 2. Even on market down days.
Then can focus on the winner(s) for good attitude.
When are earnings due?
What are the "experts" forecasts?
Any one of these 100s of new $Billionaire entrepreneurs
could step in and buy Alternate Systems with pocket change..
for a couple $Billion.
Only nuke removed? Nopitee nope and not at all! It was
all of the above!
Heck! Even including a logical mix of green stuff.
"Logic? What's that?" ~ Greedy Green Cartel
Germany has become a dysfunctional shambles because
of the massive shut down of coal (and other fossil) plants.
Millions freezing and economy coming to standstill
mainly because of huge increase in cost of energy.
Energy that cannot be depended upon.
When will the bureaucrats admit they are ignorant?!?
U.S. weather tragedy: I think that coal is already running full bore. But
the green cartel has gotten so many coal plants obliterated that "full bore"
ain't what it used to be.
Thus (unjustified) freezing, misery, and deaths. Who to blame?
PS
They can mine all the coal they want. But if green cartel
won't let them have operational energy Plants....
Gotta admit, SunMan, words were somewhere between dreaming...
and sarcasm.
Not sure if it was a scam... any more than just
not enough wherewithal ($$$) to make the KDS
become ubiquitous.
I think they tried.. really hard.
THE GREEN CARTEL AND ITS GOVT BUREAUCRAT MINIONS HAVE BEEN
shutting down REAL Energy Power Plants (Coal, Natural
Gas, etc) for decades. Replacing REAL ENERGY PRODUCERS
with defunct green stuff.
Now they are trying to blame the victims for these
endless tragedies.
VERY TYPICAL OF THIS ILK.
Lots of interesting philosophy on this blog. Plus - There
is the fact that they do own a lot of big ships.. that are
designed to and capable of transporting important stuff
around the world. HOPEFULLY WITH A NICE PROFIT.
PS
This stock transfer could hang over the price for awhile..
or not.
Here is all that is left: Maybe. Maybe. If the KDS
suddenly becomes exponentially powerful and Brian/FASC
sells 100s of them at really nice prices. Maybe they
will try to track us/we loyal investors down.. and
send us each between $100k and $500K (relative to our
investments) for having been so loyal and dedicated.
This would depend on the company having made so much
profit that these token distributions would not make
a huge dent.
Just sayin'....
Thanks Dan for kinda clearing some things up.
I wish they could have held out and sold the
new shares at $2.50/share.
Alice - massive dilution. Ya gotta wonder whose gonna
get the $75 million? Pay raises and bonuses for the
bosses?
$75,000,000! Where did SHIP get that much money to buy
that much stock from Institutions.
AND TDAmeritrade SAYS THAT ONLY 5% OF THE STOCK IS EVEN HELD
BY INSTITUTIONS.
The numbers do not come close to adding up to there
being $75 million of stock held by institutions for
SHIP to buy in the first place?!?
Dan?,
How does this scheme fit into your "1 thing"?
THIS is certainly not what one would expect
from the stock.. considering the (dire weather)
circumstances. And failure of most green
systems.
But it is hard to get expectations... when
stock can be so easily manipulated by folks
with wishes for BTU/coal demise.
It's too bad the huge Institutions that own
vast majority of BTU stock don't seem to have
wherewithal (or desire) to protect their
money.
Dan - If your plan is working, stick with it! SHIP is
expanding its fleet of giant ships:
"GLYFADA, Greece, Feb. 16, 2021 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (the "Company") (NASDAQ:SHIP) announced today that it has entered into a definitive agreement with an unaffiliated third party to purchase a Capesize vessel (the "Vessel").
The Vessel was built in 2006 at a reputable shipyard in Japan, has a cargo-carrying capacity of approximately 177,000 deadweight tons ("dwt") and shall be renamed M/V Tradership. The Vessel is expected to be delivered towards the end of the first quarter or early in the second quarter of 2021, subject to the satisfaction of certain customary closing conditions. Following her delivery, the size of the Company's fleet will increase to 12 Capesize vessels with an aggregate cargo capacity of approximately 2,103,042 dwt.
The special survey and ballast water system installation for the Vessel were completed recently by the current owner and therefore the Company does not anticipate incurring any off-hire or significant capital expenditure for this Vessel at least for the next two years. The gross purchase price of $17 million is expected to be funded with cash on hand."
FACT: I am not against the use of wind and sun to
help provide energy. BUT! Pure logic demands that
"green" be intertwined with good old fashioned all-day-
long types of energy that made America great.
In appropriate quantities and qualities.
PS
"Why can't we all just get together?!?"~Sam
Amazing Fact! BTU provides ONE of the 5 basic things that America
needs most!
ENERGY INDEPENDENCE THAT NO OTHER COMMODITY CAN MATCH IN SUCH ABUNDANCE.
America Power: B2 and B52 Bombers and COAL.
Dan, BTU provides ONE of the 5 basic things that America
needs most!
ENERGY INDEPENDENCE LIKE NO OTHER COMMODITY CAN MATCH.
America Power: B2 and B52 Bombers and COAL.
"America's Piggish arrogance"? As Reagan said, "There
ya go again."
Reagan warned America about that kind of attitude.
Isn't that just about all we need to know about communism..
and nepotism?
PS
You just let your cat out of the bag. As if we didn't
already know.
PSS
green cartel = piggish corruption.
Coal is one of America's top 5 Defensive Weapons.
It is an established defensive weapon (self-reliance
against enemies' energy attacks) that is right up
there in importance with America's Air Force bombers
and fighter jets and Navy ship fleets.
Anybody who denies that is ignorant dirty
commie pinko bastard.
Apologies accepted. NOT! eom
I guess indirectly (or directly) Peabody should be thanking
bitcoin.. and Musk. Looks like they are among
the TOP consumers of BTU coal.
As a matter of fact Musk should be buying Peabody.
He could get it for less than a measly $billion.
[maybe more as the stock price would likely rise
in ensuing battle for this precious company.]
NO TAXPAYER SUBSIDIES? NO TESLA.
"Tesla got $1.5Billion in environmental subsidies in 2020, funded by the taxpayer.
"It turned around and spent $1.5bn on Bitcoin, which
is mostly mined with electricity from coal.
Their subsidy needs to be examined. (and returned to taxpayers) "
OMYGOD - just check the Energy Use chart!!!
Bitcoin consumes 'more electricity than Argentina'
https://www.bbc.com/news/technology-56012952
Crooked judges being shopped? Nobody knows it, but
back in 1992 Delta Air sabotaged Pan Am by taking over
many of its valuable routes (as part of a agreed upon
merger) without paying for them.
Delta refused to pay its debt and Pan Am was left in
a financial lurch.. after having been devastated by
refusal of support from govt after Lockerbie Terror Attack.
Pan Am... in dire straits... brought legal action against
Delta. The New York judge spent 2 weeks expressing how
brilliant the jury was during the trial.
But! When jury found unanimously against Delta and ordered
payment of debt for damages they caused Pan Am,
the judge overruled the brilliant jury.
The rest was history; as Pan Am devolved into a
traitorously ignominious death.
Yes. I now know about Judge shopping.
PS
I was at the Kangaroo court trial.
Dan, My average BTU price is about $2.22..
been in it for about 6 months.. through some
rough times down to .80 cents.
Not sure when getting out. I was ready to
because of so much horrible coal news..
until the positive report for the
future of coal came out this week.
PS
I wish I had bought more SHIP.
Duh!
Dan, I am holding. I bought SHIP sort of in
correlation with BTU (Peabody coal).
Both of them are involved with/in the recent Report
that coal is going to be needed (and shipped) more
and more in the future, etc, etc.
BTU expects a big shift in use of its coal
to overseas.
Today is being a double-big day for me.. and
for both.
PS - Rising Coal Production & Favorable Rule: A recent EIA release predicts coal production to increase by 9% from 2020 levels to 589 MMst in 2021. This projection takes into consideration rising demand for coal amid U.S. electricity generators because of higher natural gas prices compared with 2020. Coal production is expected to improve by 1% or 5MMst tons in 2022.
Moreover, the U.S. Environmental Protection Agency (“EPA”) announced final revisions to guidelines and standards for “steam electric” power plants. The 2020 Steam Electric Reconsideration Rule will aid the coal industry. Per the new rule...
DYNAMIC update on coal "situation".
excerpt:
Coal Exports Likely to Rise: Coal exports have been aiding U.S. miners to regain some lost ground. However, in 2020, the outbreak of novel coronavirus and implementation of various degrees of lockdown had an adverse impact on industrial and commercial activities across the globe. As a consequence, U.S. coal exports dropped in 2020. However, per EIA, due to the revival of global economic activities post pandemic leading to improving steel production and power demand on a global scale, metallurgical and coking coal export volumes are likely to increase in 2021. Per EIA, coal exports will total 85 MMst in 2021, up 24% from 2020 and further rise by 6 MMst in 2022 to 91 MMst.
From (with much more information):
https://finance.yahoo.com/news/4-coal-industry-stocks-worth-155603988.html)
Pennies - after reading your soliloquy..
I will not be eating a hot dog ever.
Not that I eat them very often
anyway.
But I definitely understand where
you went with it.
Subsidies given to coal are peanuts compared
to the massive gratuities the green carteleestas
get from their bureaucratic cronies.
Pennies, As always a breath of fresh...
Truth!
"Things are not always what they seem to be : ) "
Let's hope it is so!!
_________________________________________________________
If Dems ran the super bowl:
Chiefs won!
Chiefs win Super Bowl.
Final score 32-31.
Gained 23 points overnight.
But the 23 points at 4:00 AM did NOT constitute "widespread" cheating and there is "no evidence" of cheating. Further, an elected official in Kansas City "certified" the victory of the Chiefs, and the NFL front office went along with that certification. When Brady objected, he was told that he has "no standing" to complain. Then all the media sports writers as a mob did a gang up and pile on and accused Brady of lying, bad sportsmanship, and hurting the NFL and said he should be quiet and go away. Some hot dogs were thrown at the referees, and because Brady told his team to "fight" he was accused of "inciting" the hot dog throwing, but later there was video showing that the hot dogs were thrown by some Chiefs fans. YouTube and Twitter banned & removed all content about Brady or the game. And the NFL accused Brady of cheating. The NFL declared that Brady should never play football again.
Dan, we reached the 1.50 (1.45).. BUT VERY BRIEFLY. But
the day is still young.
Pennies, if Biden and the govt continue to be successful..
with its plans, MORE AND MORE subsidies will be given
to MORE AND MORE alternatives.
("alternatives" aka The Green cartel)
Crusen - thanks for the report. Albeit these earnings
reports have about a gazillion variables to (try) to
be aware of.
It is amazing that Peabody stock is doing so "well" with this
Zack report about the future. And Biden as pres. (excuse
the mini-political diatribe)
I still find it astounding that revenue is so tiny...
when coal is providing 15% of the world's electricity..
and Peabody is the biggest coal company!!!!