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to enterprising investor. Wouldnt a restructuring ALSO nullify the terms of the ME:?????? Thanks in Advance
About 6 months ago I was listening to an interview on Bloomberg.. They were basically talking about General RE..I wasnt paying very close attention at the time , as I had no interest in what seemed to be a company with a much different set of issues. I did however hear them say this... "Reinsurance companies typically fade away, and come back as something else" Does anyone know of a company that this has happened to ?? Could it be that SKRRF comes back as something else.???
to H man... What do you make of the 700 million (face) purchase of Orkney by Cerberus.???
Cramers thesis dosent seem to apply to SKRUF>. It was much lower earlier in the year. Shouldn't it be going up:?????In any case I bought more today at $3.55
How do I consider those two big block trades as SELLS ??
Easy..They were reported by the respective Market Makers as sells..End of Story
OTC just two messages earlier, you were extolling the 220,000 share trade as a positive. Now It dosent count because it's after hours??? CMON ,, If it were a small amount I might agree with you, but when we're talking about 440,000 (SELL)shares , you can not over look a transaction like that ....Whether it is bundled, negotiated etc, it is OBV Negative.
It could also be a transaction that was done earlier in the day and not reported until after hours.. Pink sheet stocks dont have to be reported real time in my understanding.
VOLUME Preceeds Price!! Yes BUT it does not always mean Up.. It could be distribution just as well. The volume today, was mostly on the SELL side.
I think its gonna test 4 bucks again,like it did a week ago.. If it holds it might be a good entry area.If it dosent,,,, Next stop is 3 bucks..JMHO
I figured it out.. It,s a running total.
Can someone explain the Buy Vol./Sell Vol. under the "Trades" Tab on this page..??? Thanks in Advance.
IM not sure I understand why you feel that way about the Market Makers. I do hope your right about it taking off soon.
I was thinking it would fade a little between now and the next report due to the lack of coverage by anyone but a couple of posters. In addition, I would think that the general market direction will impact there portfolio one way or another.So Im hoping the stk mkt dosent tank too much in here.
Enterprise.... What is the most you would pay per share for SKRUF? Thanks in ADvance
How will it affect the common??????
While I still view this stock as a crap shoot, It is becoming more interesting as time goes on. I bought more shares on Monday to add to the rest of my lottery ticket plays in the SKRRFY sweepstakes..
What do you make of the $700,000,000 (FACE Value)purchase of Orkney debt paper by Cerberus???
Enterprising Investor..My hats off to you for your concise explanation..
To Enterprise.... What price would you anticipate for the common stock , assuming they are succesful in righting the company?? What is your most optimistic time frame? Thanks in advance.
Regarding the previous post,,,,, I meant to say 66 cents , not a buck..
To Enterprising Investor.. If your conversion scenario is correct, would I be on target assuming skrrf would be worth about $1.00 a share in 2016.??
Who's number are you looking for??? skrrfy's?????
Fortune Financial rates EXXI outperform on june 4,09
Michael Dell buys 15 million shares in EXXI . See sec filings .
About the odd lots,,,,,,,,,,,,,,Im thinking , it could be people who owned this stock at much higher prices and are throwing in the towel ,now that they may be making a comeback in other investments.
Frankly. I dont see how Technical Analysis is helpful on a stock that literally trades by appointment.
Im thinking that the stock tanked last week after the debt of the British Gov. was downgraded.. Im assuming of course that skrrf may have been hoping for some gov program to remove the toxic debt from there balance sheet..Thus when the down grade came, that became less likly to transpire..
Thanks for your input.In any case,Im not going anywhere.. For a crapshoot, its a good bet.I think its gonna take a good long time though..
No not at all,,,,,,But I was questioning the "NON CASH" aspect of the article. Im hoping someone may have an explanation for it.. Is it just an accounting entry.???
Feel like a worse than expected qtrly may be coming..
What do you make of the fact that it is a 3.75 mil. "NON-CASH" gain ????
Is there a firm following this stock?? Yahoo shows a 61 cent price target..