Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Walter Energy Inc WLT



NYSE:WLT - Post by User

Comment by OntarioDaveon May 09, 2015 11:57pm
369 Views
Post# 23712428

RE:$600 million cash and growing - shorts are screwed

RE:$600 million cash and growing - shorts are screwedSorry to burst your bubble but it's actually longs that are screwed.  This thing has so much debt it will never see the light of day.  Walter Energy was not a very well run company and overpaid for assets while undertaking large amounts of leverage.  Not surprising and this was a great bear case.  Chart says it all.  Expect this company to disapear soon.
<< Previous
Bullboard Posts
Next >>