When the shit hit the fan a few weeks ago, I was
predicting that WHC (a.k.a. P.O.S to me)would probably see
single digits as the news became mainstream. Gladly, I
was wrong. For the past few weeks the price seems to
have stablized around $14ish. The idiot that I am
thought that maybe it had bottomed out and averaging down
at this time might be a good move. So, I doubled my
position and now have an average just under $21. And what
do you know, it hasn`t been $14 since. Maybe I
wasn`t wrong about single digits, just off on the time a
bit. As the title of this post says, "It is sure to
happen now". As a matter of fact, that report should
help it drop. This company has a real bad track record
when good news is involved. Get this P.O.S. anywhere
over $20, and I`m outta here.
I`m glad to see that the brainwashing wore off.
Welcome back to our side. I must admit, you had me
worrying. Just last week you were looking under the couch
cushions for extra change, selling you collectables on
ebay, rifling through your wifes purse and refinancing
you house to buy more shares of WHC a.k.a. POS. Be
careful with those mood swings. You were starting to
remind me of my wife who is going through menopause. Be
safe buddy and easy on the
Does anyone know if the management of WHC aka POS
uses Wackenhut security to protect them from all of
the lunatics who invest in their POS stock. Great
growth=sucky stock performance; New contracts=lousy stock
performance; Stock repurchase programs=shitty stock
performance; Wonderful research from angry investors=F*%#ing
worst investment ever.
I now know why this POS
company is in the business they are in...They have job
security as they continue to build insane asylums for all
WHC aka POS investors.
I have never been so
freakin' disappointed with a stock. May we all pray that
Mark Skousen have to live in one of WHC's aka POS
prison's for he is guilty of impersonating a financial
If I were to wish everyone the worst luck in the
world, would this POS ever get to $20? If so, I'm sorry
for my wish for all of you!
...........the problem is in Palm Beach, Florida.
That`s where the WHC a.k.a. POS head-(up their
asses)-quarters are. Lot`s of people looking for $20. Better put
that sell order in now. If, and I reiterate that word,
IF, this POS ever gets to twenty, us dumpers are sure
to bring the price down real fast. Just think, if
you are the first on your block to dump, you may be
able to get back in at $12 the same day. Not a bad
I went back to look at the 10-Q.
that WHC purchased 753,000 shares on July 4,1999. And
that they purchsed 299,500 shares sometime after that.
You got the number of shares right but the dates
Lets put this to rest. Here are the facts.
of July 4, 1999 WHC purchased a total of 753,000
shares since the beginning of the buyback in August
1998. The 299,500 shares is the number of shares they
purchased so far in 1999.
In summary, they purchaed
453,500 shares in 1998, and 299,500 shares in 1999 (as of
July, 4 1999), for a total of 753,000 shares since the
buyback was announced in August of 1998.
Say Peter,...can I barrow a dime to get the round
Nawwww not really, today the stock market Gods where
apparently upset, with what...?, well does not really matter
they seem to find a different excuse each day to push
a very narrow segment of stocks up the hill while
the other sectors languish.
After the market
closed I decided to check on the status of our beloved
WHC..., and saw the Yahoo green ligths flashing news on
WHC, well here is the article:
market closed, Whirlpool said that third-quarter
operating earnings rose to $107 million, or $1.40 a share,
6 cents ahead of analysts' estimates. In the
year-ago quarter, the home appliance maker (WHC: news,
msgs) earned $78 million, or $1.02 a share. Shares
closed down 1/16 at 63 5/16.".
A heck of a
I think I'll have that other drink
Thanks for your story about the elevator. Quite
amusing. Hopefully we get such a 'free ride' on WHC over
the next little while. Going up of
Kidding aside, it's only a matter of time, hang in there
OK, so I`m finally there and ready to take the
tram ride "UP" the mountain. I go to the cashier and
ask to purchase a ticket. She asks if I wanted a
round trip ticket. I said "no, I`m goin to the top of
the mountain and staying there forever! Of course I
want a round trip ticket. "Sir" she says, "you ARE on
top of the mountain" I cracked up laughing when I
realized the long, steep, circular road I drove up took me
to the top of the mountain. I had already past the
entrance at the bottom, never knowing it. So, MANBO, you
can see why your elevator theory reminded me of this
story. All elevators don`t go up. Just like
GATLINGURG, the WHC a.k.a. POS tram is taking us down. Lets
hope we have round trip tickets, as that cashier
suggested, so we can take it back up. OK, manbo, get back to
figuring when the next eclipse will be. Sorry if that
First of all MANBO, would I sound real stupid if
in reference to your 'now is the time to buy post'
that I said "what the heck are you talking about"?
Man, obviously you are a bit more knowledgeable about
this stuff than me. It sounds like you are either
using a slide rule for an architectural project or
trying to figure out how the stars ar lining up. Man,
how did someone as good as you wind up buying WHC
Secondly, MIKE B, in reference to
cost averaging down - BEEN THERE DONE
Now, the elevator
story..............................This is a true story, even though I`m NOT proud of it,
but it is funny as hell..................About 4
months ago I went to Gatlinburg, Tenn. There is a
tourist attration there called OBER GATLINGURG. It is a
tram ride that goes up the side of the mountain. Well,
I drove right past the entrance to the ride, but I
kept seeing signs that said OBER GATLINGURG --->,
so I kept following them. I was driving up a real
steep circular road, still following OBER GATLINGURG
---> signs. Finally, 20 minutes later I get
there.................continued in next post