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Bullboard - Stock Discussion Forum Walter Energy Inc WLT

NYSE:WLT - Post Discussion

Walter Energy Inc > how will they stay afloat???
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Post by OntarioDave on Aug 16, 2013 2:02am

how will they stay afloat???

look at the debt...holy kripers!!! how will they ever dig out of this??? no wonder half the outstanding share count is shorted...there toast boys n girls...thought of this for long hold but too risky...got stung before by debt ballooned companies...plus heard there not hiring now at western and Brule operation is shut down...not good and coal is in the dumps...I'll pass on this one...
OntarioDave
Comment by OntarioDave on Aug 16, 2013 6:19pm
If u cant go long go short...short is only money to be made....this is a dinasaue...too much debt...debt to surpass assets...wheels are gonna come offf soon...it got a 600 pound gorilla on back called liabilities.... OD
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