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 firstname.lastname@example.org 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.
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.