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  • Apparent Connections To A Convicted Stock Promoter: Another Chapter In The Organovo Saga [View article]
    Has anyone tried to contact Organovo IR department about this?
    Jun 19, 2015. 12:24 AM | Likes Like |Link to Comment
  • Tesla's Battery Supplier Panasonic Forecasts Drastically Less Growth Than Forecast By Tesla [View article]
    I forecast that Tesla's forecast will be drastically more than Panasonic's forecast of Drastically less growth than forecast by Tesla.
    Jun 18, 2015. 11:54 PM | 15 Likes Like |Link to Comment
  • Cheap, abundant nat gas a bigger threat to coal than Obama's regulations [View news story]
    I don't think ANR has the cash, or the ability to raise cash, to make the investment needed for Natural Gas business, so they contribute land and form JV's. At this point, it would be a miracle if their coal business doesn't drive them to restructure.

    ANR is mainly CAPP coal and Met. But if CAPP thermal stays obsolete, then ANR would have to restructure. A V-Shaped recovery in both CAPP and Met coal is ANR's only hope - what are the odds of that happening?

    BTU has the most diversified portfolio (ILB, PRB, and Australia). So right now my bet is on BTU.
    Jun 10, 2015. 03:46 PM | 3 Likes Like |Link to Comment
  • EPA coal proposal survives challenge in U.S. Circuit Court [View news story]
    You never know. Coal is abundant and a good source of energy. It would be a waste of resources to just ignore it completely.

    Perhaps one of these days, an alternative energy company (such as Fuelcell Energy, etc.) will create a cheap carbon capture method. Or a cheap coal gasification / liquefaction method.
    Jun 9, 2015. 07:01 PM | 5 Likes Like |Link to Comment
  • Alpha Natural no longer qualified for "self bonding" in Wyoming [View news story]
    It wasn't because he said "at this point"

    Just like when JC Penny CEO said they didn't need to raise equity (because it had already taken place, but it just wasn't announced yet)
    Jun 5, 2015. 03:12 AM | Likes Like |Link to Comment
  • Short sellers shifting positions among struggling coal shares [View news story]
    Assets are worth money, but when burning cash, it's not worth as much as the debt incurred on them.
    Jun 5, 2015. 03:07 AM | 1 Like Like |Link to Comment
  • Star Bulk Carriers to launch $150M share offering [View news story]
    What a capital destructive industry. Ships depreciate fast, no barriers to entry. You can count on getting diluted during a down cycle.
    May 12, 2015. 08:01 PM | Likes Like |Link to Comment
  • Uber eyes $50B valuation with new funding [View news story]
    It's already happening...Amazon, Facebook, Twitter, Netflix. Just don't know what forces are at play keeping these stock prices up, instead of dropping like it should.

    For me they are trading stocks at best. Not investment.
    May 10, 2015. 02:37 PM | Likes Like |Link to Comment
  • Alpha Natural Resources - A Stock Of Choice For Risk-Taking, Long-Term Investors [View article]
    3 months is absurd, stop fear mongering lol.
    May 8, 2015. 05:28 PM | 4 Likes Like |Link to Comment
  • Alpha Natural Resources - A Stock Of Choice For Risk-Taking, Long-Term Investors [View article]
    He said weeks to a few months.......which I doubt. Maybe Bently just got carried away because the hot news a few days ago was WLT delayed interest payment.

    I think if ANR goes bankrupt, it would be at the end of 2016 at the earliest, or the beginning of 2017......because they have cash burn this year + $154 million senior notes due + cash burn in 2016.

    Cash burn looks like have gotten worse than a few months ago because CAPP coal and Met coal has not reached its inflection point yet. Price of coal not only needs to recover, but it needs to recover fast enough. Their operations are way out of the money.

    So I think a V shaped coal recovery is the only chance that ANR has, anything short of a V shaped recovery, then ANR is in serious danger - what do you think?
    May 8, 2015. 02:28 PM | 2 Likes Like |Link to Comment
  • Alpha Natural Resources - A Stock Of Choice For Risk-Taking, Long-Term Investors [View article]
    I've always been bullish on ANR. I liked ANR so much that I previously bought their stock at $3, then took a 45% haircut on my account.

    Then I did trading to get my account back up to 100%, and entered ANR again at $0.83/share lol. But their last quarter results were disturbing, so I gave up and sold at $0.79, with only a small speculative position left.

    Hopefully last quarter was just a one time thing - because if results like last quarter continues, then I think Bently may be right right. It feels like they may go bankrupt sooner than we think, and might not make it through 2016.

    Perhaps the update on their liquidity which they mentioned in their CC can help them extend their time.
    May 8, 2015. 11:06 AM | 1 Like Like |Link to Comment
  • Walter Energy says "substantial doubt" on continuing as going concern [View news story]
    This also doesn't apply to ACI, ANR, and BTU. These companies dug their own graves. Part of it is the shareholders fault too, because they approved it. So the exuberant shareholders at the time are no better than the management.
    May 5, 2015. 10:22 PM | 3 Likes Like |Link to Comment
  • Walter Energy: A Contrarian Play With Tremendous Upside Potential [View article]
    @Ask Dad, he knows

    Were the gold mining companies leveraged up to their necks back in the 90's when gold was $350 an ounce?

    Also, did they use the leverage to acquire a bunch of high cost gold mines that produced at $500 an ounce, while gold was priced at $350? - If there were miners that fit this criteria, did they survive?
    May 4, 2015. 10:14 PM | Likes Like |Link to Comment
  • Alpha Natural Resources (ANR) Kevin S. Crutchfield on Q1 2015 Results - Earnings Call Transcript [View article]
    The current management are also the ones who got ANR into this mess with the Massey acquisition.
    May 1, 2015. 06:07 PM | Likes Like |Link to Comment
  • Alpha Natural Resources: Needs A 20%+ Increase In Metallurgical Coal By 2017 [View article]
    Thanks for the clarification. In that case it looks like ANR is definitely in a better position than ACI. Because ACI has the $1.8 bil term loan due in 2018, which makes it senior to everything else, and harder to issue more secured debt.

    It doesn't seem like issuing secure debt should have an effect on the equities? Because the equities are in last place anyway, whether the debt is secured or unsecured. But it definitely screws over the unsecured bonds.
    May 1, 2015. 12:36 PM | Likes Like |Link to Comment