Stock Market Thread - ALL COMBINED

[MadJack]

lucky shareholders

lucky shareholders

MEE reports a HUGE 4Q loss but shareholders are rewarded close to $10 a share the last 2 days because MEE was bought by ANR. WOW, HUH?

Massey Energy Swings To Surprise Loss On Margin Decline, ChargeLast update: 2/1/2011 7:30:58 PMDOW JONES NEWSWIRES Massey Energy Co. (MEE) swung to an unexpected loss in the fourth quarter even as revenue jumped, as margin significantly deteriorated and the company booked a charge related to a deadly mine explosion. In the latest period, gross margin plunged to 20.1% from 33.6%. The average cash cost per ton in the most recent period surged 26% to $62.67 because of lower productivity in underground mines and higher ratios and supplies costs at surface mines, while average produced coal revenue per ton was $71.76, a comparatively weak 11% climb. Massey reached a $7.1 billion cash-and-stock deal over the weekend to be acquired by Alpha Natural Resources Inc. (ANR). The offer is worth 1.025 shares of Alpha for each share of Massey, plus $10 a share in cash. Together, that represents a bid of $69.33 a share, a 21% premium over Massey's closing share price Friday. The company--which operates mines in West Virginia, Virginia and Kentucky--has been hurt by reduced production and increased costs because of tougher mine-safety standards. The company's results also have been stung by costs related to an April explosion at one of its mines that killed 29 workers in the U.S.'s worst mine disaster in four decades. The company's longtime chairman and chief executive Don Blankenship retired at the end of last year after coming under fire from regulators who attacked Massey's safety record. Earlier this month, Massey said its coal shipments in the fourth quarter were about 1.4 million tons lower than projected because of weaker-than-anticipated production, inconsistent rail service and export-shipment delays. Massey swung to a fourth-quarter loss of $70.1 million, or 69 cents a share, from a year-earlier profit of $24.4 million, or 28 cents. The most-recent quarter included $23.1 million in charges related to the mine explosion. Revenue jumped 25% to $730 million. Analysts polled by Thomson Reuters had most recently forecast earnings of 33 cents on $758 million in revenue. Produced tons sold rose 14% to 8.9 million. Shares were down 0.6% at $64.35 after hours. Through the close of trading Tuesday, the stock has risen 56% in the last year, outperforming the wider market.

 

[dawgball]

We got out of that crap in the nick of time. I hope Lance did too. :0008

.94 right now :00x10

Just deleted from my watch list too.

Yeah, what a crock of shit.

Was that from your newsletter?

 

[MadJack]

Yeah, what a crock of shit.

Was that from your newsletter?

I don't get newsletters :142smilie

That was a momentum play with way above average volume, is how I discovered it.

Good thing I followed up with some serious DD, huh? :toast:

 

[dawgball]

Good thing I followed up with some serious DD, huh? :toast:

I thought you were talking about some subscription that the first two trades paid for???

Thanks for the deep down DD!! :00hour

 

[MadJack]

No, I have a subscription to equityfeed.com a trading platform. Check it out. It can find some dandys out there. Seriously.

Actually I am now going to consider shorting KNKT and wish I thought about that on Friday or even yesterday. Could be a huge moneymaker.

I don't believe they are anywhere near selling smart phones. I think it's a complete scam :mj07:

 

[djv]

Go GB. Hello /F/ will be at 20 my May 1st. Just a old guys opinion. But rememeber Im lucky to be here. Hey Jack GB or Piitt. or safe play, under.

 

[MadJack]

Go GB. Hello /F/ will be at 20 my May 1st. Just a old guys opinion. But rememeber Im lucky to be here. Hey Jack GB or Piitt. or safe play, under.

I took PIT +120 as soon as the line came out. I took under 23 1st half following arrow. That's it so far. Good luck!

I think F will be higher but I'll take $20. No hurry, holding for a 40% gain average $17.20

:toast:

 

[djv]

Hate to play against my home team in any game. Forsure SB. But when I saw GB /fav -3. I said chit there done. I like under 23 1st H and under 44.5 game.
Yes I to beleve F will go past 20. Im stilll sitting on 2000 bought at 4. The only one stock that I ddn't sell out all to early. It's hard as hell not to sell.

 

[Nole]

IDCC!!!!!!

Cracked 50 today!!!!!

Closed at $49.99!!!!!



:00hour

 

[GENO]

take a look at TIBX nice pop today:0074

 

[freelancc]

We got out of that crap in the nick of time. I hope Lance did too. :0008

.94 right now :00x10

yea, i got out the same day you mentioned it, actually made a few bucks..:0074

 

[RAZ]

Quick question, not a stock pro but invested in a couple start ups and have some free trading certs, co. Is pink sheet non reporting and having a hard time finding a brokerage that will take the certs, any suggestions?

 

[Nole]

IDCC!!!!!!


Huge day!!!!!


:00hour

 

[MadJack]

IDCC!!!!!!


Huge day!!!!!


:00hour

sure is :0074

 

[MadJack]

Hopefully some good news leaked out for ACTC today. Volume is up and share price up 13%.

Good luck!

 

[freelancc]

and F decided to pop too...opcorn2

 

[Nole]

IDCC!!!!!!


Huge day!!!!!


:00hour

Good Lord! :00hour



This is really stimulating!!!!!



Crown for everyone!!!!!!


:00hour

 

[freelancc]

:clap:

 

[Nole]

Good Lord! :00hour



This is really stimulating!!!!!



Crown for everyone!!!!!!


:00hour

And it continues!!!

Gotta put in some stop-losses now. This run is ridiculous!!

:00hour

The guys at investorshub.com(hope that's ok Jack) are about to jizz themselves!


Thank you IDCC!!!!



.

 

[MadJack]

And it continues!!!

Gotta put in some stop-losses now. This run is ridiculous!!

:00hour

The guys at investorshub.com(hope that's ok Jack) are about to jizz themselves!


Thank you IDCC!!!!



.

Amazing like the energizer bunny. Just keeps heading north. :toast: