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Ford Ushers in Global Small Car Era with Production Launch of New Ford Fiesta
-- More than 5.3 million Fiestas have been produced in Cologne since 1979
Aug 14, 2008 5:00:00 AM
View Additional Profiles
COLOGNE, Germany, Aug. 14 /PRNewswire-FirstCall/ -- Ford Motor Company (NYSE: F) today began production of the all-new Ford Fiesta, the first in a portfolio of global small cars, at the Cologne Stamping and Assembly plant in Germany.
The next-generation Ford Fiesta was developed by the European arm of Ford's global product development team to meet the demands and expectations of customers around the world.
The new small car represents the blueprint for future global product development efforts at Ford and will be tailored to meet customer preferences for interior features, exterior colors, body styles and other options in each region of the world. It will go on sale progressively between now and 2010, starting in Europe.
"Today we are celebrating the start of a new era for our fabulous Ford Motor Company," Alan Mulally, president and CEO, Ford Motor Company, told employees in a taped video message at today's ceremony in Cologne. "The all-new Fiesta is an outstanding symbol for our One Ford vision of a single, global company designing and building cars for customers around the world. Be proud of what you have achieved and be proud of your contribution to a model that will get the world talking."
The Cologne plant is the first Ford assembly facility in the world to build the new global car. Production will start at Valencia Assembly Plant in Spain in January 2009.
In North America, the new subcompact will be offered in two models: the sporty European hatchback and the popular two-door sedan. The models will be produced at the company's Cuautitlan Assembly Plant in Mexico in 2010. Retooling the plant from its current production of F-Series trucks to small car production will begin in December.
Fiesta production for the Asian market begins later this year in Nanjing, China and Rayong, Thailand.
Within five years, Ford expects to build about 1 million vehicles worldwide off the new global B-car platform along with nearly 2 million vehicles off the global C-car unit.
Ford invested 455 million euros (U.S. $718.4 million) to retool Cologne Assembly for Fiesta production. The plant's 4,000 employees went through a total of 50,000 hours of extensive training on and off the assembly line. To ensure the vehicle meets stringent internal quality targets, a team of employees built the car on the assembly line, stripped it down and built it again.
In 2008, Ford will manufacture 148,000 new Fiestas in Cologne. When operating at full capacity, a total of more than 1,900 Ford Fiestas and Fusions will be produced daily on three shifts at the Cologne plant.
"The Fiesta is special to us in Ford of Europe and to our customers," said John Fleming, President and CEO, Ford of Europe. "Over the past 32 years it has consistently been at the top of the list of Europe's best-selling cars.
"While appealing to existing customers, the new vehicle will attract a new generation of Fiesta owners with its dynamic, bold design and high manufacturing quality," Fleming said. "I am confident that the all-new Fiesta will build on the success of its predecessor."
Since the first Fiesta was launched in 1976, more 12 million have been sold, with over 400,000 customers in 2007 proving the enduring popularity of the model.
The new Fiesta's dramatic exterior design and exciting interior styling are accentuated by bold colors and high quality materials throughout. The new vehicle extends the core Fiesta values of style, efficiency and driving quality.
A total of 410,900 Fiestas and Fusions were manufactured in Cologne in 2007. Approximately 85 percent of the vehicles produced in Cologne last year were exported to more than 50 countries.
Earlier this year, the Cologne plant began using renewable electricity generated by three hydro-power plants in Norway and Sweden, reducing the plant's CO2 emissions by 190,000 tons a year. This initiative is part of the company's overall commitment to further reduce the environmental footprint of its vehicles through their life cycle.
"We're proud of the Cologne Assembly Plant and the vehicles produced here. Not only does the new Fiesta bring innovative design and engineering to the small car market, but it brings new manufacturing technologies as well," said Jim Tetreault, vice president, Manufacturing, Ford of Europe.
"This new Fiesta is tough, strong, and safe due to the body construction technologies which allow us to build a lightweight, yet extremely strong body through the innovated use of high strength steel. It is also built with care, craftsmanship and precision by an efficient and dedicated workforce, which is second to none," he said.
About Ford Motor Company
Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles across six continents. With about 229,000 employees and about 90 plants worldwide, the company's core and affiliated automotive brands include Ford, Lincoln, Mercury, Volvo and Mazda. The company provides financial services through Ford Motor Credit Company. For more information regarding Ford's products, please visit www.ford.com.
SOURCE Ford Motor Company
----------------------------------------------
Astrid Wagner
+49-221-901-9925
awagne16@ford.com
or Mark Truby
+1-313-663-6887
mtruby@ford.com
both of Ford Motor Company
Shriners Hospitals for Children Selects Level 3 to Provide Data Center Connectivity
Aug 14, 2008 8:00:00 AM
BROOMFIELD, Colo., Aug. 14 /PRNewswire-FirstCall/ -- Level 3 Communications' Business Markets Group today announced it has been selected by Shriners Hospitals for Children to provide network connectivity between that company's data center, hospitals and disaster recovery site. According to the terms of the multi-year agreement, Level 3 will deliver a virtual private network built on its recently upgraded multi-protocol label switching (MPLS) network, with direct connections to several Shriners Hospitals and data center sites, and providing full mesh connectivity.
"We needed to partner with a network provider that possessed the national presence and technological capabilities to support our hospitals in a secure, robust and cost-effective manner," said Gene D'Amore, vice president of information services for Shriners Hospitals for Children. "Level 3 was chosen to supply our long-term applications and disaster recovery network requirements."
Shriners Hospitals is implementing advanced health care information technology across the 22 hospitals in its international health care system, making it possible for Shriners Hospitals and affiliates to share and store medical images electronically. The Level 3 infrastructure enables this PACS (Picture Archive Communications System) technology across the hospitals and provides greater efficiency for image storage and retrieval, resulting in reduced operational costs and improved response to patient requests for their medical records.
"Shriners Hospitals for Children needed a highly reliable network to help ensure data center security, improve disaster recovery efficiency and support bandwidth-intensive applications like digital imaging," said Raouf Abdel, president of Level 3's Business Markets Group. "The solution Level 3 provided gives Shriners, its affiliates and its patients access to critical leading-edge medical care that can help improve patient privacy and safety while potentially saving time and lives in emergency response situations."
About Level 3 Communications
Level 3 Communications, Inc. (Nasdaq: LVLT), an international communications company, operates one of the largest Internet backbones in the world, connecting more than 180 markets in 20 countries. The company serves a broad range of wholesale, enterprise and content customers with a comprehensive suite of services including: Internet Protocol (IP) services, broadband transport and infrastructure services, colocation services, voice and voice over IP services, and content delivery and media distribution services. These services provide the building blocks to enable Level 3's customers to meet their growing demands for advanced communications solutions. The company's Web address is http://www.Level3.com.
Level 3 Communications, Level 3, the red 3D brackets and the Level 3 Communications logo are registered service marks of Level 3 Communications, LLC and/or its affiliates in the United States and/or other countries. Level 3 services are provided by wholly owned subsidiaries of Level 3 Communications, Inc. Any other service, product or company names recited herein are trademarks or service marks of their respective owners.
Forward-Looking Statement
Some of the statements made in this press release are forward looking in nature. These statements are based on management's current expectations or beliefs. These forward looking statements are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside Level 3's control, which could cause actual events to differ materially from those expressed or implied by the statements. The most important factors that could prevent Level 3 from achieving its stated goals include, but are not limited to the company's ability to: successfully integrate acquisitions; increase the volume of traffic on the network; defend intellectual property and proprietary rights; develop new products and services that meet customer demands and generate acceptable margins; successfully complete commercial testing of new technology and information systems to support new products and services; attract and retain qualified management and other personnel; and meet all of the terms and conditions of debt obligations. Additional information concerning these and other important factors can be found within Level 3's filings with the Securities and Exchange Commission. Statements in this press release should be evaluated in light of these important factors. Level 3 is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.
SOURCE Level 3 Communications, Inc.
----------------------------------------------
media
Jennifer Daumler
+1-720-888-3356
or Tarra Ryerson
+1-720-888-1214
or investors
Valerie Finberg
+1-720-888-2501
or Mark Stoutenberg
+1-720-888-2518
all of Level 3 Communications
Inc.
I concur. 'Cept this thing makes me go "hmmmmmmm... you greedy manipulating bastards!" And that is probably why many people say technicals don't work. Because fund mgrs and the like can use the technicals to play their own games.
But... more time here (if it stays here) = bigger breakout in the future.
Oppenheimer is just waiting to get more cheap shares (spoken like a true pumper, I know but it's all a part of that hmmmm thing)
The last 8 days have traded in a pretty tight channel with pretty steady volume. Potential new pattern emerging?
Did you look at the triangle chart today? We wanted it to ride the support side of the support trend. It's only 2 days in the making but so far PPS has crossed to riding the support side of the resistance trend. (opposite side of the trend it rode down last time) Maybe support will come from the 200MA around $2.95 - $3.00 but a cross below the aforementioned trendline is an invitation to watch the shorts have a party, then we wait and buy the bottom.
Still holding on to the weekly pattern but that allows for $2.75 or so imo. Really need the $3.50 - $3.65 to start happening.
If you're not living on the edge, your taking up too much space.
edited. eom
If you're not living on the edge, your taking up too much space.
abcdefg; PM me your email - I will email you my fax#. I will make PDFs of the docs and post them online - then post the link on iHub.
Oppenheimer downgraded LVLT from Perform to Underperform. Weee! (not)
Can't imagine that'll be a big help this week.
Who dumped 1M shares at the all time low?
$3.42. Very good. Yesterday closed at $3.27 indicating break of downtrend. $3.42 - if it holds - is good confirmation of that. Got to break and hold above $3.65 to start turning $3.50 into support. The Trade Winds seem to be blowing in our favor. IMO needs to close above $3.35 today to continue.
If you're not living on the edge, your taking up too much space.
Level 3 Enables GSA to Meet IPv6 Compliance Mandate
GSA First Civilian Agency to be Fully IPv6 Compliant
Aug 12, 2008 8:00:00 AM
BROOMFIELD, Colo., Aug. 12 /PRNewswire-FirstCall/ -- Level 3 today announced that it has enabled the United States General Services Administration (GSA) to be IPv6 compliant as part of the GSA's preparations for the government mandated IPv6 platform. Level 3 has successfully migrated the GSA from the IPv4 network, making it the first civilian agency to be in compliance with the Office of Management and Budget (OMB) mandate to utilize the next generation IPv6 network.
"Due to the size and scale of the Level 3 network, our company has been a leader in the development, adoption and deployment of new standards, and we intend to follow a similar path with regard to IPv6," said Edward Morche, general manager of Level 3's Federal segment. "We are pleased to build upon our long-standing relationship with the GSA and to have played an instrumental role in the GSA's transition to the next generation of technology."
IPv6 is the successor to IPv4, which is the current IP protocol version used on the Internet. With the increase in Internet use, bandwidth and capacity demands, the IPv4 address space is likely to be exhausted, therefore IPv6 remains a technology that is gradually being adopted by technically savvy network operators. The U.S. Federal Government and the Research and Education community represent some of the earliest adopters of IPv6 across North America and Europe.
About Level 3 Communications
Level 3 Communications, Inc. (Nasdaq: LVLT) is a leading international provider of fiber-based communications services. Enterprise, content, wholesale and government customers rely on Level 3 to deliver services with an industry-leading combination of scalability and value over an end-to-end fiber network. Level 3 offers a portfolio of metro and long-haul services, including transport, data, Internet, content delivery and voice. For more information, visit http://www.Level3.com.
Level 3 Communications, Level 3, the red 3D brackets and the Level 3 Communications logo are registered service marks of Level 3 Communications, LLC and/or its affiliates in the United States and/or other countries. Level 3 services are provided by wholly owned subsidiaries of Level 3 Communications, Inc. Any other service, product or company names recited herein are trademarks or service marks of their respective owners.
Forward-Looking Statement
Some of the statements made in this press release are forward looking in nature. These statements are based on management's current expectations or beliefs. These forward looking statements are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside Level 3's control, which could cause actual events to differ materially from those expressed or implied by the statements. The most important factors that could prevent Level 3 from achieving its stated goals include, but are not limited to the company's ability to: successfully integrate acquisitions; increase the volume of traffic on the network; defend intellectual property and proprietary rights; develop new products and services that meet customer demands and generate acceptable margins; successfully complete commercial testing of new technology and information systems to support new products and services; attract and retain qualified management and other personnel; and meet all of the terms and conditions of debt obligations. Additional information concerning these and other important factors can be found within Level 3's filings with the Securities and Exchange Commission. Statements in this press release should be evaluated in light of these important factors. Level 3 is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.
SOURCE Level 3 Communications, Inc.
----------------------------------------------
Media
Jennifer Daumler
+1-720-888-3356
or Tarra Ryerson
+1-720-888-1214
or Investors
Valerie Finberg
+1-720-888-2501
or Mark Stoutenberg
+1-720-888-2518
all of Level 3 Communications
Inc.
If you're not living on the edge, your taking up too much space.
Coal Mining
Level 3, through its two 50% owned joint-venture surface mines in Montana and Wyoming, sells coal primarily through long-term contracts with public utilities. The long-term contracts for the delivery of coal establish the price, volume, and quality requirements of the coal to be delivered. Revenue under these and other contracts is generally recognized when coal is shipped to the customer.
...from the 10Q today
http://biz.yahoo.com/e/080811/lvlt10-q.html
Yes it is (RSI), but RSI and others are still trending down. The breakout now beginning in the bigger markets could be good for this stock. $3.23 is a big improvement but needs to break convincingly higher to beat the downtrend. Close above $3.25 would be a start.
20MA crossing up through 50MA today. Both still below 200MA but not too far off.
Grabbed some very low $45's here even though today's low is already lower than the 8/5 low.
19 down days out of last 28... 16 out of last 21... room for more
Still waiting with fingers crossed for $39 or less. Ha!
Daily uptrend support line is broken. So far a slower downtrend than last time - but it's still early. 1st support right around $3.08. Then it gets pretty thin going into the $2's - and it ain't oversold yet. Looks like lots of selling this morning too. Unless $3.16+ prints and sticks, I'd say start looking out below.
Weekly uptrend support is still intact. A break of daily support could put an end to that if sellers get carried away and drag it into the $2s.
An upward break of $11,750 and $2,420 today could be significant for the Dow and NASDAQ.
If you're not living on the edge, your taking up too much space.
Hanging out just a hair below the 200MA. Crossed over it for a few minutes earlier. Crappy morning for the market. Intraday looking weak so far.
20MA = 3.14
50MA = 3.17
200MA = 3.33
LVLT reporting on new business today and existing business upgrade yesterday.
Compare F and TTM 2 month charts.
Long link, you might have to scroll to get to it...
http://finance.yahoo.com/echarts?s=F#chart1:symbol=f;range=20080606,20080806;compare=ttm;indicator=volume;charttype=line;crosshair=on;ohlcvalues=1;logscale=off;source=undefined
Almost exactly the same.
If you're not living on the edge, your taking up too much space.
Nice move Capin! That's the kind of trade you want to hit again and again!
Nahh.. Don't quit!
Take X % of the profits of this trade completely out of the game.
Then take your starting capital and the remaining Y % of that megaprofit and keep going. Maybe you add 50% to your capital with that Y %. Now you can diversify a little or hit the 'sure things' harder.
That's my contribution to the debate!
GLTY and once again... Nice trade!
This triangle is interesting when compared to previous triangle. I hope you're a stockcharts.com member so you can see the annotated chart at this link...
http://stockcharts.com/h-sc/ui?s=LVLT&p=D&yr=0&mn=6&dy=0&id=p52017816180&a=147755550&listNum=15
Still a gamble but a lot of subtle reasons to think it will be different this time.
Gotta love that last sentence, which describes LVLT's e911 network as "covering approximately 82 percent of the U.S. population."
The 1st 2 yrs are all uphill and you need a downtrend to start a bottom so not really on the 3 year chart.
But LVLT could be completing the right shoulder on a 1 year weekly chart, with the left shoulder being a bit less clearly defined than my ideal concept of a shoulder. Needs to pass the neckline of around $3.50 with more volume and more positive money flow to confirm the pattern. Target at this point would be about $5.25.
Talking patterns for me, who is not a(n) H&S pro by any stretch, on the daily chart I see a bit of a saucer bottom from late June through late July - followed by more of a wedge than a handle over the past 2.5 - 3 weeks. PPS is at about the level of trendline support and the wedge has been holding its bottom nicely (heh heh). Not happy that the market rally didn't bring LVLT up with it. Although strength is now waning it could still be reversed for a pop if it keeps above support. Needs some romance and sex appeal imo. Something to force the shorts and excite new longs.
Interesting hold on trendline support over the last half hour or so. Worth watching closely for an entry imo.
Support broken. ...
Just noticed this on Investopedia:
LEVEL 3 COMMUNICATIONS
$3.15 Change: 0.08 (2.48%)
Investors Are 86% Bullish and 14% Bearish
mildly interesting ... wonder how many respondents
If you're not living on the edge, your taking up too much space.
Below the 200 again!
Annotated chart & some PE comments
http://stockcharts.com/h-sc/ui?s=ACI&p=D&yr=0&mn=6&dy=0&id=p52017816180&a=147385611
Many reasons this chart *should* be taking off soon. You need to be a stockcharts member to see the notations. 3rd bounce off the 200MA this year. Also look at when it bounced off the 200MA in Jan 08. Watch support closely.
With triple earnings growth just reported, what is ACI doing at a PE of 26?
Some PE & Forward PE ratios from Yahoo:
sym - $PPS - p /e - forward p/e
ACI - $54.21 - 25.89 - 8.8
ARLP - $48.69 - 18.8 - 10.29
BTU - $64.77 - 48.96 - 10.64
CNX - $67.85 - 79.53 - 8.52
JOYG - $71.74 - 27.5 - 16.05
MEE - $75.37 - 58.79 - 12.75
WLT - $104.65 - 47.87 - 6.53
ARLP is losing money and trading at an 18 PE.
JOYG and ACI are close but JOYG has a forward PE twice that of ACI's.
ACI would be $108/share if it's PE doubled up to a more appropriate valuation of 52, and it'd still have a lower PE than MEE & BTU right now. Even giving ACI fwd PE a +25% correction (to 11), a 25% correction in PPS would be ~$67.76. Now if earnings keep tripling...
"... our checks indicate that some large media sites are moving traffic to Level 3 Communications Inc. ..."
Ain't that right Uhhuh?
Uh huh.
Say, are you going to be a guest speaker?
If you're not living on the edge, your taking up too much space.
Got that right. Especially liked "Video Calling Surpasses All 1997 Internet Traffic" and how computer dloads of video have almost doubled in the last year.
Meantime LVLT now needs to keep above $3.15 or so (unless they plan to bounce right off it) to prevent technical weakness from dragging PPS down
.0015 again. Weee! Thanks Doc!
$59.93 now. Stepping out of the downtrend. Flying straight past the 20BB of $59.05. Next stop is the 50MA @ $61.90. Should be bull at least until the 20MA crosses up through the 50MA.
Not too shabby - ACI up nearly 25% in a week.
(note: been using 20MidBB as substitute 20MA)
If you're not living on the edge, your taking up too much space.
Slap it around some. Wake it up already!
Keep the MFI coming up and maybe this won't be another top.
Last 2x SS got here (5/27 and 6/25) PPS topped and fell right off again.
3rd time at these levels, each a month apart. Look back even farther on the chart, it comes up a little every month or so, then drops further than before. What will be different this time? Real news, Q filings as promised, uplisting as promised... we all know what it needs. Walker needs to get something done that investors can quantify.
Give it some more dip and keep the gas prices falling. The Co is headed in the right direction.
Nice $58's yesterday. $53.04 low today was a nickel above the 200MA -- and a nice intraday rebound to $56.02 (+5% in 4 hours).
$56.02 close today is still within the downtrend (so was yesterday's high) but today was the 2nd day in a row above the MA8 and the 3rd day on the right side of the PSAR. While the price action is not ideal, the technicals suggest a bottoming off the slow and steady climb down since early June.
RSI is coming up and SS already crossed up (but %D still in oversold). MACD on the verge of crossing (+) and BBs turning towards each other. Downtrend is strong enough and Indicators are weak that is could still sink. But...
Last two times it came off the 200MA it crossed up past both the 20MA and 50MA inside of 2 weeks and continued up for weeks after. The 50MA is now $62.04 and the 20MA is now $59.83.
If it remains consistent, PPS will continue moving north of the MA200 for some time. If it breaks south again, look for first support around $48
This stock wants to run. It's been on a tear for weeks now. Look at the last 6 days candle chart. Last 2 days look very bullish for the near-term future. Big moves all 6 days. Volatility :) Best close for today would have been $3.65. Would have liked min $3.57 ... This has been a tough area of resistance all year and into last year. Broken briefly 2x recently but not turned into support yet.
Chart is coming back from a bad place. All indicators very strong but not yet overbought. Should move well if it moves. Surprise good news would be too good right now.
LVLT has traded very little in the $3.50 - $4.50 range in the past 52 weeks. Mostly $3.00 - $3.50 and the rest equally well above or well below - but very little time in that zone. Seems to be rallying for some $3.50 support. New base coming? I would expect $3.65 to be important. I would also expect a gap up or other quick jump over the $4 wall and then a new range of $3.50 - $4.20. That and another good Q could shake the shorts out.
If that base holds and $4.25 starts coming up, next Q pre-earnings run could pop to $5.50 area.
That's my story and I'm sticking to it!
That is, until I change it as the situation changes.
Shorts
Thu Jul 24, 2008 5:46pm EDT Email | Print | Share | Reprints | Single Page| Recommend (0) [-] Text [+]
The latest data is as of July 15, while the previous period's data is as of
June 30.
Company July 15 June 30 Net Change Pct Change
----------------------------------------------------------------FIVE BIGGEST POSITIONS:
Level 3 Comm (LVLT.O: Quote, Profile, Research, Stock Buzz) 251,093,613 244,188,028 6,905,585 2.8
July 24 (Reuters) - Short interest on the Nasdaq jumped 7 percent in
mid-July, the exchange said on Thursday, suggesting an increase in bearish
sentiment in the stock market. For story please see [ID:nN24510374].
Below are the five Nasdaq stocks that experienced the largest increases and
decreases in their short positions from late June to mid-July, according to
information released by the exchange.
The five companies with the largest overall short positions are also
listed.
ACI touched on the support of a 6 month trendline today. 3 lows and each one below the SMA200.
$32.98 on 1/23 ... a 27% correction
$37.82 on 3/20 ... a 32% correction
$47.75 today ... a 38% correction
Today was the only one of those lows to be a down day. In all, the chart looks much worse today than it has on either of the 2 lows that touched this trend.
With the new .09 dividend and the earnings report in the morning it could be a big day in either direction. There is plenty of room for a bounce in the charts. $58+ would be a quick guess. But THE immediate downtrend is so strong that enough of a break of that support could make $45 the first stop. It could all take a couple days to pattern out but with earnings right now this should be really interesting.
Ultimately: By raising the price of coal, they can get it to the users more quickly. So ultimately ACI should come out ahead. $80 - $100 in a year or less seems reasonable to me.
Demand for coal is unstoppable. Look at them trying to control demand for oil. If you're not out driving, you're either home using electricity, our out using someone else's electricity. And China is making millions more just like you everyday.
Below is from a 7/23 interview with Roger Wiegand (a man I know nothing about). Link to the rest comes at the end. More on power plant demand and transportation.
... RW: I have one more new one I like, and that is Arch Coal (ACI). Coal is definitely in short supply — not from the problem of reserves; they’ve got plenty of reserves — but the problem is they can’t move it fast enough. Transportation with ships, trains and trucks is quite difficult right now, in that load and unload facilities and the amount of rail lines facilities they’ve got for handling the coal are probably where they were 10 years ago.
Meanwhile, this market’s grown rapidly, overwhelming ability to transport the materials. They might have a shortfall industry delivery capacity of 15% to 30%. So, the pressure is on. Two years ago in Wyoming, where they mine clean power plant coal, shipping to the eastern US, coal dust had been flying off their unit trains enroute. You have three or four engines pulling 150 to 180 loaded open top cars, and once they get up to speed, coal dust flies off and covers the rail roadbed.
So what happened was they had rainstorms, and the combination of coal dust and rain took out rail support from under a train and rolled it over. That caused a big mess, costing millions of dollars to repair. But they did fix it, and immediately got busy with an expansion in Wyoming. The rail operator put in new load/unload facilities, a third track in Wyoming (they had two) and now they’re running trains at the rate of 70 a day, where they were moving them previously at a rate of about 40 per day. That’s a big increase in transport production.
When that accident happened, there were some eastern U.S. power plants down to a panicky 60-day supply of coal, which, in their view, is critical. Normally, they have a six to eight months' supply on-hand.
China is in an even worse condition right now because they have been building or adding on — believe it or not — one new power plant a week in China, and they now have 32 power plants shut down because there is no coal to operate them. They can’t import and move coal fast enough. And the next thing is — get this — the whole country of China has only a 12-day coal supply. With the Olympics coming, I think that is really scary. I am sure somehow they will divert enough coal for the Olympics region, but that is a pretty crazy situation.
TGR: So this would be a short-term trade, if you’re expecting--?
RW: No, I think Arch Coal is going to be a longer-term trade. It’s the kind of trade for a shorter and longer term. It’s a moving stock being quite active for a larger company. We’ve gotten out of it on profit-taking, in the letter. I think we made like $12 or $13, which was a nice move, but it will come back, and is now starting to take-off again. There’s no let-up on coal demand for years. Investors in the buy and hold longer group would like Arch Coal and will the traders.
... from ...
http://seekingalpha.com/article/85855-roger-wiegand-part-ii-commodities-provide-a-hedge-in-turbulent-times
Dow down -283 today. I guess LVLT did OK. Tough last para in that snapshot - and it looks like about the only thing in there that isn't new. Pumping the old "bad" news? Someone on the side of the shorts?
80 Month MA!? Who are they kidding? Going back that far makes the chart look like its from a pinksheet. Gimme a break. Have you ever traded based on an 80 month MA??
100 months ago LVLT was $130.
80 months ago it was around $14.
How may months will it have to trade at $10 to break the 80?
The 100-month MA is $10.63
The 80 is only $4.17 ... LVLT traded above that this morning and for 3 days in June.
The highs in premarket this morning (.03 above the 80-month MA) were equal to the lows just before it gapped down in Oct. 07. Today is the 2nd time it has closed that gap on the way higher.
No doubt that June was bad but LVLT looks to have been trending up since this March and remains within that trend today.
If you're not living on the edge, your taking up too much space.
Who wrote that? They gave slightly different numbers than most others I've read.
Also
LVLT said enterprise was growing nicely via upgrades but not in creating new solutions, I don't see that as a downside, esp. since once the economy picks up, enterprise should jump as those customers start adding brand new services.
They got an upside of more than 5% in their OIBDA estimate. Not good enough?
SBC gave an upside surprise which doubled their estimate. Again, was that not good enough?
Europe also gave them a surprise of +6%, with continued growth expected as I remember it.
AND positive free cashflow was expected to drop to 11-12% of revs for Q3, not for 08. Did I hear that incorrectly?
So let them sell. They'll be back driving it higher after their next round of estimates all get beat too.
Sales force being increased by 25%. I like that.
Earnings were out premarket and pps was up, as if everybody loved it.
As earnings read out on the call, pps fell sharply as if nobody liked it.
Beat expectations, even without the Vyvx sale, projecting continued PCF but still down...
Support at $3.15 or break through to 3.00 or less?
Positive cash flow, sure, but whattabout that 'hold' music? yeesh!
Down more than 10% off the premarket highs this morning.
Like clockwork... another nice run into earnings!
Wow Dow = 11000s! There is a little support at 10900s but more at 10600s.
If $2.50 fails here we may be buying $2 again
I know I ask too may questions that are too hard to answer. And all are irrelevant.
Just a part of the bitterness I suppose. At least that's what my therapists say. :)