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Furniture Brands International Inc. Message Board

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  • pjv2xyw9dww4b5 pjv2xyw9dww4b5 Nov 21, 2011 10:58 AM Flag

    Spectacular Fall


    That was then, and this is now. I have a partial fill at $1.01. Today's $1.01 may look like $5 does now if the price falls to twenty cents.

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    • How many times now have you claimed to have bought shares starting in the $5's and chasing it down now to $1.01? You are so full of #@it or a fool? If you are the fool, take your money and give it to someone who needs it instead of riding this to the bottom. At least you can feel good giving away your money. If you are trying to impress us by telling us you are picking the bottom, that has never worked? We have been telling you that this is a dying company and we have been shown to be correct. Just wait to what the next couple quarters have to show. It won't be pretty. Then the bank will step in with loan covenant defaults and the bank will limit their losses.

      This company(Ralph) does not have a positive history of moving production processes to other plants. Now add the complexity of moving to another country/work ethic/quality/communication problems/growing shipping costs and the finance people will be shown to have made the final fatal blow to the company. What seems good on paper often fails in practice in the search of lower wages and benefits.

      If you think the customer is name loyal, forget it! Go to Walmart and see if people are loyal to brand or price. 10% savings on a generic and the customer is gone, gone, gone! Next example is Kia. People used to laugh at the car, now they are taking off and are a real contender.

      Please stop posting your fake purchaes! If not by now you would be one of the largest shareholders and filing with the SEC and your name would be listed. Give us a rest and post something else.