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Thanks! I was thinking commons would be holding the bag too...until the news this morning.....
Hey guys, has anyone been following EKDKQ? News out this morning...I'm wondering what it means for existing common shareholders...
I took a small position when the pps tanked due to BK. Been holding as lotto play :)
I'm here :)
Good news this morning! I'm liking this company!!
I had a hard time holding these shares after I started reading more about the pollution issue. I think the Vernon plant was allowed to reopen because of a technicality. I want to do some more looking into the issue. If people are really getting sick from what this company is doing, then I don't think I'll buy back in.
It is. But for some reason, BK plays can be lucrative even though the shares will be cancelled. It's a strange phenomenon!
I won't argue with that! But I'll be happy with $4.99 for this round..Lol!
FNMA & FMCC cleared for take-off! Unreal.
CLSN moving all of a sudden!
Yeah, that was nice!
Sorry... that should have said:
Careful....Sierra World Equity = Garbage......
Careful....Sierra Equity World = Garbage......
I think I'm going to look for an exit point soon. The plant re-opening may just be temporary. The pps isn't moving much at this point. I'll be keeping it on watch though.
DTSC Urged to Amend and Reissue the Existing Suspension Order;Exide's Vernon Facility Should Be Shut Down Until All Facts Are Known
Jun 18, 2013 09:32:22 (ET)
VERNON, CA, Jun 18, 2013 (Marketwired via COMTEX) -- A broad coalition of residents, factory workers and community leaders are asking Judge Luis Lavin and public agencies to put the health of local communities, and families, before Exide's bottom line.
On Monday, June 17, Exide Technologies won a temporary reprieve that prevents the Department of Toxic Substances Control (DTSC) from enforcing its shutdown of the company's Vernon plant. That means the lead battery recycler can restart its operations, threatening Californians with renewed pollution of their air and water, Consumer Watchdog said today.
Coalition spokesperson and Bell Gardens Councilman Daniel Crespo said, "We agree with Consumer Watchdog's statement: The DTSC chose to act on the basis of air emissions and groundwater contamination, rather than on the basis of the accumulation of hazardous waste on the ground. Liza Tucker of Consumer Watchdog said that was a tactical mistake." "The DTSC could have acted on the basis of hazardous waste accumulating on the ground and endangering the public health long ago," said Tucker. "Shutting them down for that would have been a slam dunk."
"The Exide facility is like a refinery; you can't just flip a switch and start it up without extensive safety testing. In addition, there are inherent risks when a facility is restarted which increases the risk to the public during start up," said Crespo.
The SCAQMD has said the facility emits excessive levels of toxic air emissions -- arsenic and lead and the DTSC recognized publicly that the facility is now and has been polluting the air, ground, and groundwater surrounding the facility.
"Every regulatory agency with oversight of the plant involved in health and safety of the surrounding neighborhoods and plant workers should use every power in their authority to keep the Exide doors closed. The agencies let this facility continue to threaten the health of neighbors for years and finally did something. Now the Court will allow them to operate, despite the fact that the company filed for Bankruptcy just over a week ago," said Crespo.
"The Court's Order puts both the surrounding community and the facility's workers at increased risk. This facility processes dangerous hazardous waste, toxic lead. That's a fact," said Crespo.
"Judge Lavin's ruling puts the health and safety of the people in the neighborhoods at risk. The nature of today's hearing did not give the public a right to participate or provide comments prior to the Court's ruling since it was done without notice to the community. Judge Lavin's order was narrow in scope, and he did not rule on the merits of the situation only whether Exide was afforded due process. Judge Lavin's ruling did not absolve the company of any environmental compliance requirements, he only ruled on the basis of irreparable harm to Exide. But what about irreparable harm to Exide's neighbors?" said Crespo.
I think patience will pay off big time on this one!!
Exactly!!
Going up!!!
Congrats to those that held on!!
I see! I think I'll be accumulating quietly as well :). I wonder why the most recent dividend & share buy-back didn't hit iHub news??
I'm guilty of a couple "weeeee" posts though....... Only when I'm really having fun......
For what it's worth, I think it's a little harsh to call it spamming before taking a look at the play. Posts like "Weeeeee" & "BOOOOOMMMMM" are the ones I hate. Seriously, this one's been generating some buzz, and buzz = momo....., and momo = $$$$......
I think it's worth putting on the watch list. It seems like people are just starting to take notice. It's moving up on the boards pretty quick.
Done. Riding free shares now!
???? I made a nice profit on this one today.....
Yup! It's a beauty!
.26 prints!!!
Nice!!
Rumor has it that "she" is actually a "he". LOL!
How come there's hardly anyone here???
SNWT looking to break a penny!!
SNWT....+60%.....volume picking up!!
Why the sudden surge in volume? Think someone knows something?
Weeeeeee?!!!!!??
Wow....nice bounce from today's low......
Unfortunately, Sierra World Equity Review is complete garbage. The site is known for making false claims.....
Yeah, I'm thinking there's still more to come, especially with the anticipation of what Q2 results will bring. Ed's "specialty" is restructuring. I think he'll deliver! I'm holding for now....
Nice find!!
That's what I'm thinking too....
Maybe next week?