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Maxe Paul

 
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  • Billabong And Quiksilver - 2 Similar Financial Paths, 2 Different Strategic Paths [View article]
    Quicksilver was held up by having Kelly Slater on the books, now he's left they don't have that instant brand recognition he gave them.

    Make no mistake, Kelly Slater was a big deal for Quicksilver and his loss cant be underestimated IMHO.
    Jun 10, 2014. 08:18 AM | 2 Likes Like |Link to Comment
  • Paladin Energy: The 8 Million Pound Wounded Gorilla [View article]
    I have also read conflicting information about Uranium stocks, one that I heard was that the Chinese have a stockpile of 5 years worth at current reactor numbers but keep in mind they are adding one new reactor every two months or so for the next several years.

    Depending on what research you read you get conflicting numbers, I to would be interested to know the full scale of who's buying, who's selling and who's stockpiling.
    Sep 2, 2013. 03:53 AM | Likes Like |Link to Comment
  • Paladin Energy: The 8 Million Pound Wounded Gorilla [View article]
    Good article IMO, management need to get to grips with reality by either a merger of some type or attract a suitor with synergies in Africa which would take the company over, Areva?

    Given the poor factors ATM for nuclear in the USA there could definitely be some upside if the US government managed to make an educated decision to support its nuclear industry rather than rushing to embrace the short termism of building nat gas power plants which will undoubtedly look foolish as time marches on and carbon targets become more intense.

    As usual Europe couldn't agree with the call on a toss of a coin, but could be a dark horse with some nuclear subsidy change of thought.

    As we all know China, Asia and the Middle East is where nuclear growth is at but things move slow when building reactors.

    Japan is a prime example of things moving slower than expected on restarts, so if we see restarts in Japan quickening, US policy support for nuclear renewed, Europe show support for nuclear subsidies and nuclear growth speed up in Asia further we may just get stock appreciation in companies like Paladin etc.
    Aug 19, 2013. 05:45 AM | Likes Like |Link to Comment
  • Avoid USEC Inc. At Any Price [View article]
    USEC is actually a really good example of just how bad things are for the nuclear industry in the USA which has basically tripped over itself to jump on the shale oil and gas boom, once the leader in nuclear industry now just a fallen giant relying on government largess, the industry as a whole in the USA is shutting nuclear plants faster than building new ones and apparently you are not really getting anything other than lip service and a few multi million handouts which keep the industry pretending its actually doing something other than the slow death which is quite obvious.

    Can the USA turn this around? I'm not sure if the politicians have the guts to do it, looks like Asia and the Middle East are the go to areas for nuclear growth.

    ...........Actually USEC reminds me of "weekend at Bernie's"!
    Aug 6, 2013. 09:40 PM | Likes Like |Link to Comment
  • USEC: What To Do With This Supplier Of Uranium? [View article]
    I agree, the cheerleaders are waining and its back to business as a great short.
    Jul 31, 2013. 10:34 AM | Likes Like |Link to Comment
  • Avoid USEC Inc. At Any Price [View article]
    This guy (the author) is trying to help people who may make the mistake that he himself admitted to making that this company is a distressed company and a turn around story, which it isn't, its a complete train wreck that has appalling management that have run it into the ground whilst paying themselves handsomely at the taxpayers expense, any shareholder equity has been wiped, any rally is temporary, hence the big fall yesterday, those are the facts of the matter.
    Jul 30, 2013. 11:09 PM | Likes Like |Link to Comment
  • Avoid USEC Inc. At Any Price [View article]
    Yes, well said IMO.
    Jul 30, 2013. 12:36 AM | Likes Like |Link to Comment
  • Avoid USEC Inc. At Any Price [View article]

    They don't currently enrich uranium, how would they supply China? LOL

    How dumb do you think China is?, not as dumb as the Government who currently fund this folly Im afraid.
    Jul 30, 2013. 12:30 AM | Likes Like |Link to Comment
  • Avoid USEC Inc. At Any Price [View article]
    The DOE own Paducah not USEC, the clean up of the Paducah site will take years and maybe decades, in which of course USEC will have no liability and again taxpayers of America will of course pay out many hundreds of millions, GE and the GLE "may" use a portion of the Paducah site if everything was favourable to them, and paying USEC some kind of "compensation" would not be something that GLE would find palatable IMHO.

    Amazing that USEC has had free uranium, a free lease, free access to enrichment services, yet with that business model is bankrupt and has left shareholders with nothing........of course they are not even liable for any clean up either under a very convenient "conflict of interest" rule regarding such things.

    History will look back on this company very poorly indeed IMHO.
    Jul 30, 2013. 12:24 AM | Likes Like |Link to Comment
  • Avoid USEC Inc. At Any Price [View article]
    Actually that technology is already proven whilst USEC technology is already out-dated, behind schedule and a cost blow out, in fact originally USEC was a partner with SILEX and the laser technology but funnily they walked away and now look at them!

    A sham company with no cash flow!!!

    I actually wonder why you are linking to a 5 year old article BTW?

    USEC is a company based on two things, a sham technology ACP, and Ohio jobs and without either of those things it would have been bust a long time ago, in fact I foresee this company bringing down several politicians eventually who have been complicit in this "enterprise" to fleece the US taxpayer of billions of dollars on a promise of a national enrichment program.
    Jul 29, 2013. 08:21 PM | 1 Like Like |Link to Comment
  • New Australian Prime Minister Kevin Rudd plans to discard the country's carbon tax and introduce a less costly floating price emissions-trading system by July 1, 2014, a year earlier than planned. The scrapping of the tax, which was a flagship policy of ousted PM Julia Gillard, is expected to lower government revenues by several billion dollars, so it will have to cut costs to compensate. Companies that could be affected include Peabody Energy (BTU), BHP (BHP), Rio Tinto (RIO) and Glencore (GLCNF.PK). [View news story]
    Rudd has basically implemented a lower tax instead of the higher fixed cost carbon tax which made Julia Gillard look stupid, of course being that an election is only a few months away its probably just a coincidence.........NOT
    Jul 15, 2013. 06:31 AM | 1 Like Like |Link to Comment
  • USEC's Recent Reverse Split And Share Implosion Present A Speculative Opportunity [View article]
    Looks like big trouble for USEC http://bit.ly/15sMK7P
    Jul 14, 2013. 02:16 AM | Likes Like |Link to Comment
  • USEC: What To Do With This Supplier Of Uranium? [View article]
    Zamansky & Associates LLC Investigates USEC Inc. On Behalf Of Its Investors

    July 13th, 2013 - 1 comment - Filed Under - by admin


    Zamansky & Associates LLC announces that, on behalf of investors, it is investigating USEC, Inc. (“USEC”), the Bethesda, Maryland based company engaged in the supply of low enriched uranium to nuclear power plants. The investigation concerns allegations over U.S. Department of Energy loans, its technology, its American Centrifuge Plant and its disclosures to investors.

    New York, New York (PRWEB) July 12, 2013

    Zamansky & Associates LLC announces that, on behalf of investors, it is investigating USEC, Inc. (“USEC”), the Bethesda, Maryland based company engaged in the supply of low enriched uranium to nuclear power plants. The investigation concerns allegations over U.S. Department of Energy loans, its technology, its American Centrifuge Plant and its disclosures to investors.

    On May 23, 2013, USEC filed a Complaint in the U.S. Federal Court of Claims, No. 13-365C. The Complaint alleges that the federal government failed to reimburse USEC for work performed at two of its gaseous-diffusion plants, and that it is owed $38 million. The investigation further concerns allegations relating to USEC’s disclosure to investors of the issues underlying the lawsuit.

    What Investors Can Do

    If you were an investor in USEC, and would like to discuss your legal rights, you may, without obligation or cost to you, email jake(at)zamansky(dot)com or call the law firm at (212) 742-1414.

    About Zamansky & Associates LLC

    Zamansky & Associates LLC is one of the leading law firms specializing in securities fraud and class action litigation. We represent both individual and institutional investors. Our practice is nationally recognized for our ability to aggressively prosecute cases and recover losses.

    To learn more about Zamansky, please visit our website, http://www.zamansky.com.

    Contacts

    Zamansky & Associates, LLC

    50 Broadway – 32nd Floor

    New York, NY 10004

    Jake Zamansky, 212-742-1414

    jake(at)zamansky(dot)com


    For the original version on PRWeb visit: http://bit.ly/15sMK7P
    Jul 14, 2013. 02:12 AM | Likes Like |Link to Comment
  • USEC's Recent Reverse Split And Share Implosion Present A Speculative Opportunity [View article]
    Sell the rally, no brainer.
    Jul 11, 2013. 09:59 AM | Likes Like |Link to Comment
  • USEC's Recent Reverse Split And Share Implosion Present A Speculative Opportunity [View article]
    Nine Groups Support Amendment to Stop USEC Giveaways in Energy and Water Development Appropriations Bill .

    WASHINGTON, July 9, 2013 /PRNewswire-USNewswire/ -- A diverse range of nine groups -- Taxpayers for Common Sense, National Taxpayers Union, Union of Concerned Scientists, R Street Institute, Nonproliferation Policy Education Center, Friends of the Earth, Freedom Action, Competitive Enterprise Institute, and Natural Resources Defense Council -- sent the following letter today to U.S. House Members:

    "On behalf of our members and activists, we urge you to support the amendment offered by Representative Burgess (R-TX) to eliminate the $48 million in the fiscal year 2014 Energy and Water Development Appropriations Bill that is intended for the United States Enrichment Corporation (USEC). USEC's market capitalization is currently LESS than this $48 million subsidy and USEC has already received millions of dollars of federal support. Taxpayers should not be asked to provide any additional dollars to this troubled project.

    Because of low stock prices and deteriorating market capitalization, USEC has faced delisting notices from the New York Stock Exchange and the company received a junk-bond credit rating from Moody's Credit Rating Service in 2009 and Standard and Poor's in 2012. USEC's financials are so bleak the company's market value is below $17 million--nearly $31 million less than the $48 million in funds directed toward it in the bill. In an attempt to save its place on the New York Stock Exchange, USEC recently reverse split their stocks (1 for 25) but even that may not be enough. Its stock price has continued to plummet more than 50 percent since the reverse split took effect on July 1st. USEC has continually asked for lifelines from the Department of Energy (DOE), but its financial stability has not improved. USEC is in dire financial straits, and continuing federal handouts is not the solution to put them back in the black.

    In addition to fiscal troubles, USEC continues to experience technological obstacles. The massive uranium enrichment machines that USEC is trying to deploy have failed in demonstration tests. Recently, the Nuclear Regulatory Commission reported that six of these machines, based on an exotic DOE design, "crashed" in what was supposed to be a validation run. USEC has already spent nearly ten years and more than $2 billion to develop these machines but says it needs another $3 billion to complete the project.

    Some, of course, are now trying to argue that Congress must fund USEC's centrifuge enrichment program because the U.S. cannot legally make tritium needed for its nuclear weapons with uranium fuel made in plants that are not entirely domestic in design and content. According to internal Department of Energy analysis, though, this is an unsound interpretation of our treaty obligations. More important, it's irrelevant: DOE itself has determined that simply using the current uranium supplier to the U.S. Navy's nuclear powered fleet of aircraft carriers and submarines would save taxpayers hundreds of millions of dollars over buying these services from USEC.

    Federal taxpayer financial support for USEC might not end with the $48 million requested for Research, Development & Demonstration funding. Although its application is currently deemed inactive, USEC has said it will continue to seek a $2 billion loan guarantee from the Department of Energy and intends to update its application this year. In July 2009, DOE requested USEC to withdraw its loan application for the demonstration plant on grounds that "the project runs the risk of either major cost overruns or reliability problems or both." But political pressure has kept the project alive, despite the plant's even bleaker prospects for success. It is time the DOE and Congress finally fully cut our financial ties to the failed project.

    We urge you to support the amendment offered by Representative Burgess to reject funding for USEC in the fiscal year 2014 Energy and Water Development Appropriations Bill and also to support other amendments to limit the uranium giveaways to USEC. Taxpayers can ill-afford to be pouring any more money into a fiscally unstable company and questionable project."

    http://bit.ly/15vO1xc

    SOURCE Taxpayers for Common Sense, National Taxpayers Union, Union of Concerned Scientists, R Street Institute, Nonproliferation Policy Education Center, Friends of the Earth, Freedom Action, Competitive Enterprise Institute, and Natural Resources Defense Council
    Jul 10, 2013. 06:29 AM | 1 Like Like |Link to Comment
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