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USG Corporation Message Board

  • quickmovesmiles quickmovesmiles Jan 28, 2013 12:03 AM Flag

    Earnings release FEB 6th...should LONGs be worried?

    I expect a bigger miss because the intial drop off in business caused by Sandy.

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    • I don't see USG benefiting from Sandy rebuilding until April depending how mild the winter is. However the other 4 competitors will be also pricing agressively for that Sandy business.

      Tomorrow I expect to see USG report a larger the expected loss in the 50-75 million range and to report full year losses in excess of 160 million. They will probably not become insolvent until the first quarter numbers are released.

    • Excellent. I will sell on your well articulated and thorough authority. Ooops, but I already sold at 6 when you told me too! So I guess I can't. Darn. I guess I could short. Are you short?

      • 1 Reply to gernblanston53
      • OMG..The prince of stupidity still posts here? Thought you left forever?

        Lets see, you have been posting here along with at least a half dozen aliases (since USG traded less than $6 share) they were going to be insolvent..bankrupt, etc.. I bought USG at less than $5 a share and I am up over 500% and you ??? Oh, that's right you have been shorting all the way up to $30.. Stay tuned USG has a long ways to run but it will correct some.. one of these days.

        Maybe then you will get smart and go long but I doubt it..

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