What's new
Fantasy Football - Footballguys Forums

This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

Em's Stock Tip of the Day: WLT (1 Viewer)

:bluecircle:

ETA:

Down 15% today and the very first thing I read when using they Googlay is:

Summary
  • Walter Energy received a notice of non-compliance with a continued listing standard from NYSE.
  • Walter Energy agrees to issue 8.65 million shares in exchange for $66.725 million of bonds.
  • The risk of delisting is very big.
Why do you like this company?
 
Last edited by a moderator:
fantasycurse42 said:
:bluecircle:

ETA:

Down 15% today and the very first thing I read when using they Googlay is:

Summary

  • Walter Energy received a notice of non-compliance with a continued listing standard from NYSE.
  • Walter Energy agrees to issue 8.65 million shares in exchange for $66.725 million of bonds.
  • The risk of delisting is very big.
Why do you like this company?
Click to expand...
I see a quick 5 - 10% get in, get out opportunity.

 
WLT has ~$2.6 bln in Net Debt and had EBITDA of $29 mm in 2014, for a Net Debt/EBITDA ratio of over 90. The annual interest expense alone is 10x LTM EBITDA.

The probability of a BK filing is very high. Met coal markets can't improve fast enough to save this company's current shareholders. The equity is worthless.

 
Eminence said:
fantasycurse42 said:
:bluecircle:

ETA:

Down 15% today and the very first thing I read when using they Googlay is:

Summary

  • Walter Energy received a notice of non-compliance with a continued listing standard from NYSE.
  • Walter Energy agrees to issue 8.65 million shares in exchange for $66.725 million of bonds.
  • The risk of delisting is very big.
Why do you like this company?
Click to expand...
I see a quick 5 - 10% get in, get out opportunity.
Click to expand...
Again, why?

 
Eminence said:
fantasycurse42 said:
:bluecircle:

ETA:

Down 15% today and the very first thing I read when using they Googlay is:

Summary

  • Walter Energy received a notice of non-compliance with a continued listing standard from NYSE.
  • Walter Energy agrees to issue 8.65 million shares in exchange for $66.725 million of bonds.
  • The risk of delisting is very big.
Why do you like this company?
Click to expand...
I see a quick 5 - 10% get in, get out opportunity.
Click to expand...
Based on the greater fool theory? Good luck. You'll need it, because if you make money it will have everything to do with luck.

 
Eminence said:
fantasycurse42 said:
:bluecircle:

ETA:

Down 15% today and the very first thing I read when using they Googlay is:

Summary

  • Walter Energy received a notice of non-compliance with a continued listing standard from NYSE.
  • Walter Energy agrees to issue 8.65 million shares in exchange for $66.725 million of bonds.
  • The risk of delisting is very big.
Why do you like this company?
Click to expand...
I see a quick -10% get in, abandon ship opportunity.
Click to expand...
FYP

 
If you guys don't believe me, then short it. Any way I can make you guys money, idrc.

MDBX has been dead in the water for months now and keeps jumping up and down 10 - 20%.

 
Eminence said:
If you guys don't believe me, then short it. Any way I can make you guys money, idrc.

MDBX has been dead in the water for months now and keeps jumping up and down 10 - 20%.
Click to expand...
So you're saying if it goes up, you made us money. And if it goes down you've made us money? That's genius. Almost as genius as selling 8 t-shirts and thinking you should get business cards that say you're the CEO.

 
fantasycurse42 said:
Eminence said:
fantasycurse42 said:
:bluecircle:

ETA:

Down 15% today and the very first thing I read when using they Googlay is:

Summary

  • Walter Energy received a notice of non-compliance with a continued listing standard from NYSE.
  • Walter Energy agrees to issue 8.65 million shares in exchange for $66.725 million of bonds.
  • The risk of delisting is very big.
Why do you like this company?
Click to expand...
I see a quick 5 - 10% get in, get out opportunity.
Click to expand...
Again, why?
Click to expand...
Because he can afford 100 shares. Makes him feel like a typical football guy.

 
TheIronSheik said:
Eminence said:
If you guys don't believe me, then short it. Any way I can make you guys money, idrc.

MDBX has been dead in the water for months now and keeps jumping up and down 10 - 20%.
Click to expand...
So you're saying if it goes up, you made us money. And if it goes down you've made us money? That's genius. Almost as genius as selling 8 t-shirts and thinking you should get business cards that say you're the CEO.
Click to expand...
No, I just think you're having trouble understanding. You're losinf it pal. It's never too early to hang your boots up and enter a nursing home. ;)

 
fantasycurse42 said:
Eminence said:
If you guys don't believe me, then short it. Any way I can make you guys money, idrc.

MDBX has been dead in the water for months now and keeps jumping up and down 10 - 20%.
Click to expand...
How do you even short things like this? You can borrow shares of this ####?
Click to expand...
Wait, I've seen this before...

Jerry: How is it a short?

Kramer: They just short it.

Jerry: Short what?

Kramer: Jerry all these big companies they short everything.

Jerry: You don't even know what a short is.

Kramer: Do you?

Jerry: No, I don't.

Kramer: But they do - and they are the ones shorting it.

...or something.

 
I was just reading about investment philosophies when I ran into a weird suggestion that said to start putting disposable income into the stock market AFTER moving out of mom's house.

Interesting take on life, really.

 
Look at that volume! Should be easy to get in and out of for a nice tidy profit. Thanks for the tip Em, this one is gold!!!

 
Eminence said:
TheIronSheik said:
Eminence said:
If you guys don't believe me, then short it. Any way I can make you guys money, idrc.

MDBX has been dead in the water for months now and keeps jumping up and down 10 - 20%.
Click to expand...
So you're saying if it goes up, you made us money. And if it goes down you've made us money? That's genius. Almost as genius as selling 8 t-shirts and thinking you should get business cards that say you're the CEO.
Click to expand...
No, I just think you're having trouble understanding. You're losinf it pal. It's never too early to hang your boots up and enter a nursing home. ;)
Click to expand...
How'd you know I was wearing boots? :confused:

 
RUSF18 said:
fantasycurse42 said:
Eminence said:
If you guys don't believe me, then short it. Any way I can make you guys money, idrc.

MDBX has been dead in the water for months now and keeps jumping up and down 10 - 20%.
Click to expand...
How do you even short things like this? You can borrow shares of this ####?
Click to expand...
Wait, I've seen this before...

Jerry: How is it a short?

Kramer: They just short it.

Jerry: Short what?

Kramer: Jerry all these big companies they short everything.

Jerry: You don't even know what a short is.

Kramer: Do you?

Jerry: No, I don't.

Kramer: But they do - and they are the ones shorting it.

...or something.
Click to expand...
:goodposting: :lmao:

 
TheIronSheik said:
Eminence said:
TheIronSheik said:
Eminence said:
If you guys don't believe me, then short it. Any way I can make you guys money, idrc.

MDBX has been dead in the water for months now and keeps jumping up and down 10 - 20%.
Click to expand...
So you're saying if it goes up, you made us money. And if it goes down you've made us money? That's genius. Almost as genius as selling 8 t-shirts and thinking you should get business cards that say you're the CEO.
Click to expand...
No, I just think you're having trouble understanding. You're losinf it pal. It's never too early to hang your boots up and enter a nursing home. ;)
Click to expand...
How'd you know I was wearing boots? :confused:
Click to expand...
You are a Wrangler man....of course you are wearing boot....duh.

 
Eminence said:
JNox3 said:
Eminence said:
fantasycurse42 said:
Nice little 15% hit in a little over an hour...
Click to expand...
DOUBLE OR NOTHING!$0.57 a share.
Click to expand...
You gotta spend money to make money right Em? Good luck. Cheering for you
Click to expand...
Yep, our break even point is $0.61 a share. I'm gonna sell if it gets there.
Click to expand...
You are redefining the term "amateur hour" here.

Putting additional money into a losing trade that was based on nothing but technicals (if that) is pretty much the most elementary error that you can make.

 
You must log in or register to reply here.

Similar threads

Andrew74
2025 FBG Stock Contest
2
Replies
76
Views
3K
SouthJersey
SouthJersey
fruity pebbles
Movie booking/convenience fees
Replies
6
Views
624
Hastur
Hastur
cosjobs
Josh Johnson, comedian
Replies
3
Views
212
cosjobs
cosjobs

Users who are viewing this thread

Total: 1 (members: 0, guests: 1)
Back
Top