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DreamWorks Animation SKG Inc. Message Board

  • greatbalsy greatbalsy Sep 20, 2013 1:26 PM Flag

    DWA laid off 500 employees in Feb 2013.....and now peaks 2 yr high?

    delaying project (Me and My shadow) from November of 2013 to March-April 2014, defaulting on $200 million debt and we are trading at 2 year peak? What is wrong with this picture? Is Ben Bernarke buying this as part of his QE? Doesn't make any sense, this should be single digit price at best.

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    • Great the government is shutting down for the next couple weeks due to Obamacare chaos. This country is falling apart, sorta like firms buying and manipulating share price against all fundamentals.-- gotta love American capitalism. No wonder the stock market is a coin toss

      • 1 Reply to greatbalsy
      • this company is on the brink of bankruptcy. They said they had raised $300 million to get them out of the loan default. What if they didn't actually raise that much and they are in deep financial problem. Just imagine the shock on every investor's faces when and if they announce BK by Q3, along with horrific revenue. Just wait 5 weeks, hold your short positions.

        They managed to cause short coverage over the last month or so, now short volume is as low as 23% of float. Some shorts are on margin and the pressure is on to cover, even against grossly bad fundamentals. I used real cash and I can sit on my short forever!!! No one is this stupid to buy this garbage at the peak of 2 years, pending BK.

 
DWA
18.57-0.04(-0.21%)Jan 29 4:00 PMEST

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