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  • steveredlish steveredlish Mar 30, 2008 7:34 PM Flag

    CSE and survival

    Their balance sheet looks like they have a liquity problem in the range of 500m. Hate to say it but I bought them at 26. This comes down to management. Heard one message board guy describe them as a bunch of arrogant pricks. Having listened to their last conference call I would have to agree. Hoping for the best but I think I just took a $26,000 loss. That's ok. I also owned some of Bear Sterns thanks to Horizon Asset management

    The good news is DSX, EGLE ACAS GRMN (lots of doubters here) ETP USB will do well even in a lousy market. GM is getting clobbered on a strike that is actually good for them. Do your own homework. Financial experts will retire like the guy from Bear Sterns - bad reputation but enough money to get over it.