It has been a very long time since I posted here
on the WHC a.k.a. POS board. I see MANBO and a few
others are still here. I`m not about to start reading
all the posts I`ve missed. I did however take a look
at EASILY CONFUSED`s last post. I guess he couldn`t
take it anymore and dumped. Well, at least he didn`t
slash his wrist or jump off of a building. If you
should happen to peek in here and read this
EASILY...........let me say a quick hello and an even quicker "I told
you so". I miss the good old days when even though we
were losing our shirts, you and I at least were able
to laugh at it........ If any of you old timers
remember my post titled "the top ten dumbest things I ever
did", well I gotta tell you I have a new number one
dumbest thing I ever did...............I just doubled up
on this POS. I can`t believe I just admitted that.
Please, don`t anyone tell my wife, or I won`t need to
slash my wrist, she will do it for me.
Do I have a
renewed faith in this POS? NOPE! Just looking to make the
jump a little shorter. Soon as I see the teens, I`m a
gonner and unlike EASILY CONFUSED, I`m never coming back
even for a peek. Just like me, I know this POS will
never see the twenties again, but at least the teens
may be reachable. GOOD LUCK to you all
I'm not much to reveal in the sense I'm just a
poor slob investor with enought knowledge in this
stuff to be dangerous. No, I'm sorry I didn't mean for
you to reveal yourself, just whether you were a
corrections person or not. Don't worry about it.
I
never did reveal who unvailed LT. I do remember the
poster disappeared.
Email me at
flipper2058@yahoo.com you can set up an email yourself there if you
want. I'm still interested in your thoughts on the CPV
and the pref. A of PZN. Forgeting the identity
stuff.
Cheers!
Peter, Peter, are you a freakin' idiot? The Ft
Lauderdale sun has gotten to your brain. I had finally come
to the conclusion that this POS will drive a person
right into one of WHC's aka POS's poorly run
institutions for a little rape/abuse/bunga-bunga! Two days
after I finally sold out, and waved goodbye to the
$12,000 I lost on this flea bitten dog over the last 5
years, I caught the nice report on 20/20( or a similiar
show) of how WHC aka POS mismanaged the LA prtison, and
drove a poor girl to kill herself due to the abuse she
endured at the hands of one of WHC aka POS "guards".
These guys are freakin' rent-a-cops with nightsticks
and guns, with as much knowledge in security as I
have making $$$ on this POS.....none!
I got
out, and check now and then to see if I made a bad
decision. Gues what Peter.....this is a POS, and will
remain a POS. I hope and pray everyone gets even on this
dog. As for me, I'm happier having lost $12K, than
having to live a life of continuous anger as I watched
this puppy die a slow death. Stay in touch my friend,
and good luck to all.
And, you are so right. Everytime you kept
throwing YOUR good money after bad by doubling up, I used
to give you hell Then, I totally go and loose all my
marbles and do exactly what I always criticized you for
doing. I can go to the Bahamas with $3000 for the
weekend, loose $2000, come home with the other $1000
instead of trying to chase my moneybut I can`t walk away
from this damn (W)holely (H)ellacious (C)ompany. I`m
just looknig for the "teens" EASAILY, put this P.O.S
over $12 for one minute, and I`m outta here like
Nicolas Cage - GONE IN 60 SECONDS.
To date WHC has purchased 1.302mm shares at a
cost of $21.04mm or an average of $16.16/shr. If
management felt it was accretive at that $16 then certainly
1/2 the price would do it.
Of course the
problem with stock buy-back is when they don't work to
support the price or are used to hide declining profit
margins. Now that CPV will not be purchasing much from WHC
any more I would expect the end of this pratice. And
rightfully so, IMO. I'd save my dough for some mergers.