Closed Higher, page-10

Well, the TERP, theoretical ex rights price was 36.5, which is about where we are.

In spite of robust and quite personal rebuttals from less educated subscribers, to my prior posts. PDN simply recast the ownership structure from risky debt holders to less risky equity. This is a positive rather than a negative as it eliminates the default risk in a time of uncertain cash flow.

That is not to say that all CRs are good, but this one happened to be pretty well thought out, except for the retail scale back, which pissed me off as a professional investor.

The Cr was being a debt conversion was thus not dilutive as many have asserted.

For every well considered and educated post on HC there is a yobo ready to shout at it. This is what makes a market. I personally love trading with Yobos. Beats trading with people that know what they are doing any day.

26c here we come? Management should resign because the price of Uranium fell? Retail shareholders who oversubscribed were just greedy, better to hand that value to the pro's that deserve it? It was the shorters that ate my lunch? The market manipulators made my investment fall? The big boys did it and I had no hand in my decision to purchase or sell when I did?

A laugh a minute in FY14. Rock on FY15. Happy new year to all.