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Walter Energy, Inc. Common Stoc Message Board

  • c280273b c280273b Jun 7, 2013 8:42 AM Flag

    Those INSIDERS still bought for some reason....

    There is no buyout, those guys would go to jail if there was one within 3 months of their buying. But, either they are really, really not bright which many of you think, or something is brewing that they are excited about and it's right around the corner. Don't know what it is but I am confident that sometning is planned, buy back, refi, new credit line, layoffs, new business, etc to drive these guys to throw good money after bad. They didn't buy all the way down... they waited and sprung to action in the 17.50-19.00 range. These downgrades at the bottom really is piling on... The bottom should have been put in yesterday. We will see.

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    • There is no buyout, those guys would go to jail if there was one within 3 months of their buying""

      As I was reading about the "buy out imminent" by several posters I wondered why in the world no one mentioned, as you have, the fact that If any discussion of a viable offer had been made, suggested, mentioned, these guys in management could not buy , period!. Even if a buy out occurred 6 months after their purchases and any hint of a buyout existed before that time they still could get hung out to dry. ...

 
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