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Forum - Wall Street Pit (Cloud Peak Energy - CLD)    Stock Due Diligence for All

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From: scorcher (Rep: 32) reply to warpoetDate: 03/15/2019 13:56
Forum: Wall Street Pit - Msg #2778604 - List CLD msgs Thread #674070271 (Rec: 1)
Re: assets slashed and going bankrupt - why didn't you post that yesterday?

I don't know how some of you guys can still be so bullish on this junk stock with them writing off $700 million in assets and the ceo flatly admitting that chapter 11 bk is looking more and more like the only option but good luck on it,,,fwiw I'm not "fear mongering" it's fact all in the 10-k,,



Reply to warpoet - Msg #2778590 - 03/15/2019 13:46

Re: assets slashed and going bankrupt - why didn't you post that yesterday?

Not bullish not bearish just looking at the balance sheet. they still have 293m after all debts are paid if you can tell me why I should sell at a 900 percent discount ? its going to take a lot more for me to sell here I would rather go down.
What would you like to do? Message: Endorse | Bookmark | Report AbuseUser scorcher: Reward | Watch | IgnoreCLD: Ignore

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