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Jarden Corp. Message Board

  • deepharbor deepharbor Jul 23, 2008 12:40 PM Flag

    way over bought

    the've short squeezed the piss out of this and scarred away the weak hands, but it's rolling over now, the fact of the matter is the companies current forcast is calling for increased sales of ski's and no market share gains, the consumer is tapped out and sales will be declining,these guys are in trouble,

    some may have gone long or covered because the receivables line was renewed (all be it at 100b.p spread rise) the fact of the matter however is a receivables loan really measures the risk of the companies buyers not the company

    this is a great chance to short this pig again

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