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Tuesday Morning Corporation Message Board

  • triptolemus@ymail.com triptolemus Mar 10, 2009 10:41 AM Flag

    longtimefollower

    longtimefollower,

    I would like to thank you for your informative posts. While I recognize the risks to TUES in this climate, I believe that the current prices are not representative of these risks. Furthermore, I believe that TUES will survive despite the challenges that it must face in 2009. Shorts obviously believe that TUES will survive too. The history of short interests over 12 months testifies so. As you will see, short interests continue to decline. If shorts truly believed that TUES was a definite candidate for bankruptcy, then shorts would not cover any shares.

    http://www.nasdaq.com/aspxcontent/shortinterests.aspx?symbol=TUES&selected=TUES

    Nonetheless, I continue to hold my 6,000 shares at a loss and believe that the rewards outweigh the risks at the current prices.

    Regards,

    Triptolemus

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    • Well, thank you. I bought more shares at .601, just before the close today, and have now more than doubled my position, since the drop below $1....with the vast bulk of those purchases between 51 cents and 65 cents.

      I'm still convinced I'm going to make an ABSOLUTE FORTUNE on this stock....and now own approximately 1/2 of 1% of the entire company.

 
TUES
7.800.00(0.00%)Jul 22 4:00 PMEDT