Several months ago, our 8 person investment group shorted 277,700 shares of Shfl at an average of $37.65.We have now covered our short positions.As we predicted multiple times,we made very nice short trading profits clearing almost $10 a share for a gross profit in the region of $2,650,000.00
Unfortunately, we have a partner who did'nt do any of the work, did'nt put up any of the capital, nor take any risk--you guessed it-- the Federal Government Tax Collector.The Government will take about 38% of our net profits.
Of course, we expect to take further short positions after the Q3 financial report is issued on Sept/7/2006.
As we did previously, we will help the serious investor make some good profits, by timely announcing when we short Shfl.Recognizing Shfl's horrific balance sheet, and grossly over priced stock, shorting Shfl is like having a license to print your own money.
Wethinks that it is both funny, and profoundly sad, that the MOUTHY LOSERS resent those of us that make big profits.
We repeatedly and strongly recommended that intelligent investors short Shfl when it was in the mid thirties. Those the followed our advice made good profits,the usual " Strong Buy" WACKOS, however, scoffed[i.e the said Shfl for sure was going to $50 ] and the WACKOS lost out.Now these same WACKO LOSERS post sour grapes.So what else is new?
We care not, if investors don't heed our recommendations--we make more money in a year that all of these twerps will make in their collective life times.
Again, as an assistance to the hard working guy trying to make a dollar in a mean world, we will timely notify this board when we take future short positions.We have now shorted Shfl 5 times and made good short trading profits every time.
In this day an age with hackers and what not...why cant someone expose this KBLOW guy as the DICK we all know he is....My guess is he is a former janitor at Shufflemaster who was caught masturbating over pictures of his dog.....Talkin bout being SHORT! LOL
WETHINKS his shortcomings aloow him only to be SHORT....He can never be LONG
You weave pretty good stories about your SHFL exploits! I'm sure they're all "true" like my VNX stories. I like to tell tall tales over on the VNX board....shorting this many shares, shorting that many shares, short a bazillion shares....
It's pretty fun because some of the regular posters there (VNX board) pretend to believe me.
My investment group made $3,452,973,234.81 (and I'm not talking pesos) trading SHFL on both the long and short side. Yes we are infallible, brilliant and beyond belief. Just ask our Mommies.
Among my group of investors we have PHD's in forensic accounting, equity analysts who left lucrative jobs with large hedge funds to partner with me, and one stay-at-home Mom with two kids and one in the oven (I had nuttin' to do with it). We also have one fast order cook who was recently laid off and is looking for work if anyone has any ideas, leads or contacts please respond to this post; it would be appreciated. Just ask our Mommies.
Yes it's hard to believe, much less comprehend just how great we are. Sometimes I look in the mirror in wonderment, but then I realize I'm just beyond belief and take a piss and brush my teeth. We make Muhammed Ali look like a rank amatuer in comparison to what we accomplish in the markets every day. Just ask our Mommies.