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Turkcell Iletisim (TKC) Message Board

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  • MINCE38 MINCE38 Apr 27, 2004 5:09 PM Flag

    Something wrong is going on....

    Hi Borne,

    The co states it has put aside enough money for litigation. How could it wipe out earnings? And why would they declare a 205 divvy with that possibility? I CANT FIGURE IT OUT. Hmmmmmmmmmm..... I will hold unless it goes under 25. I pray the low of 26.30 today was the bottom. As I said before..."we guess and they know." I wish I owned my own publicly traded co. I am am ex-broker and tried to convince my clients for years to do it with me but they were all too lazy to do the research. Even mob guys have been quoted as saying that the stock market is really just a license to print money. How can anyone who lived past the 90's debacle/bubble and seeing what we are seeing now disagree?

    Its nice when you have a co that has no earnings and you can still pay your self a huge salary and millions in free stock options ever year. There are CEO's who lose 30-40m in a year and pay themselves almost that much. Its a sweet country if you are on the right side.

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