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Centerline Holding Co. Message Board

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  • jojolicious007 jojolicious007 Jun 14, 2008 2:32 PM Flag

    Short Interest

    They backed away from guidance as the market was unstable to say the least. The book value has dropped / but so has the stock - Alot! At some point we'll see how they run the company versus the revenue from the 12 billion in assets under management - they already cut the dividend by 1.00 a share and only paid the .15 one time... it'll be interesting to see how this pans out - if they can pay the common stock dividend and turn a profit, they'll turn this ship around...if not / I'll most likely be cashing in my tax loss - the story should unfold here in the next couple of quarters.. I'd imagine the class action suit might play a role with the guidance as well... "Da Winnie Shnitzer" might ought to learn a little about realistic guidance and or shut his trap... I am long CHC / hope they pay the dividend....so the shorts can pony it up....

 

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