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joelc

joelc
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  • Kinross Gold: The Punishment Is Undeserved [View article]
    i am in for 15,000 shares at $3.60......
    much happier now than when it was $2.00
    .........
    just days ago!
    Nov 27, 2014. 08:38 AM | Likes Like |Link to Comment
  • Why Dex One's New Hires Likely Points To A Balance Sheet Restructuring Forthcoming [View article]
    you guys are just talking speculation with yourselves....
    we will see the landscape in six months....
    Nov 21, 2014. 04:28 AM | Likes Like |Link to Comment
  • The Next Leg Up For Dry Shipping Stocks Is Imminent [View article]
    $5 less the fifaty cents premium i received.
    Nov 21, 2014. 04:23 AM | Likes Like |Link to Comment
  • Arch Coal: The Bankruptcy Risk [View article]
    just the normal fluctuations will bring ACI over $3 in 2015, even $4.
    not a very gutsy prediction.

    if it goes to $5, ACI should sell 50 million shares and cover
    another years possible problem.
    a rights offering would allow the present shareholders to retain
    their percentage ownership.
    Nov 20, 2014. 09:12 AM | 1 Like Like |Link to Comment
  • The Next Leg Up For Dry Shipping Stocks Is Imminent [View article]
    my favorite also is BALT;
    3700 shares will be put to me in a month.....at 4.50

    the writer is getting a bit tedious though.........its his
    77th prognostication of imminent rate rise.
    one day,,,,,but not soon.
    Nov 17, 2014. 05:03 PM | 1 Like Like |Link to Comment
  • Penn West Energy targets 2015-19 production CAGR of ~13% [View news story]
    i am also short puts and happy to end up with the shares at 4.50, 5.50 and 6.50
    as it retraces to 7...
    Nov 17, 2014. 04:24 PM | 1 Like Like |Link to Comment
  • How McClatchy's Strategy Of Selling Digital Properties Could Backfire [View article]
    this was apparently written by someone who knows little about family companies. mni was never for sale and wont be, and if i was a mcclatchy, i would not be interested in selling either.
    the $400 million net proceeds will be used to buy back $400 million in 9% bonds. saving $36 million per year in interest.
    so mni is solid again and will plod along, slowly rising to 4 and 5 and 6.
    and still not be for sale.
    Nov 17, 2014. 04:21 PM | Likes Like |Link to Comment
  • Why Dex One's New Hires Likely Points To A Balance Sheet Restructuring Forthcoming [View article]
    the stock price action and the bond price action
    indicate the precarious nature of the future of dex
    i think it will win, but the market is not so sure.
    Nov 14, 2014. 07:59 PM | Likes Like |Link to Comment
  • Baltic Trading Has Finally Entered The Recovery Phase [View article]
    3,700 shares being put to me at $4.60 in five weeks.
    will i lose money on it?
    i doubt it.....although it will be a loss until spring.
    Nov 9, 2014. 05:50 AM | Likes Like |Link to Comment
  • Scorpio Bulkers: A Buying Opportunity With Some Strings Attached [View article]
    the article concentrates on a funding shortfall ahead,
    so the commentators talk of a buy back of shares?
    Nov 9, 2014. 04:58 AM | 2 Likes Like |Link to Comment
  • Scorpio Bulkers: An Upcoming Shipping IPO Worthy Of Attention [View article]
    really good article
    a bit too effusive perhaps
    Nov 9, 2014. 04:39 AM | Likes Like |Link to Comment
  • Update: Paragon Offshore Buys Back Debt At Discount And Books $8 Million Gain [View article]
    holy cow!
    its worth twice its present value and
    all you guys do is whine.
    buy it, enjoy the dividends and
    sell it at $9.
    Nov 8, 2014. 07:26 PM | Likes Like |Link to Comment
  • Update: DryShips Sinks Its Battleship With Dilution [View article]
    monday morning, i will sell drys $1.50 puts
    and be in at $1.20
    if its under $1.50 in four months,
    or,,,,,,make $.30 on $1.20 if its over $1.50
    in four months


    win-win
    Nov 8, 2014. 02:21 PM | 1 Like Like |Link to Comment
  • Update: Kinross Gold Earnings - This Is The Moment To Overhaul The Company [View article]
    kinross is a great company

    management made some awful overpriced purchases,
    but now is on track,,,,and the shares will just increase
    in value in the months and years to come.
    Nov 8, 2014. 08:08 AM | 2 Likes Like |Link to Comment
  • Why Dex One's New Hires Likely Points To A Balance Sheet Restructuring Forthcoming [View article]
    everyone is allowed an opinion, but common sense should be a requirement.

    over the next two years, dex will repay $700 million of its bank debt......
    the declining interest expense will compensate for the declining cash flow
    from operations.

    it will then sell about 30 million shares at $15, using the proceeds to again
    reduce debt. then, a five year bond issue will be successful and the company
    will expand and the shares rise.

    i own the shares and the bonds.......two years to go!
    Nov 7, 2014. 10:05 PM | Likes Like |Link to Comment
COMMENTS STATS
70 Comments
50 Likes