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Furniture Brands International Inc. Message Board

carpinus1 2 posts  |  Last Activity: Aug 4, 2016 5:39 AM Member since: Aug 23, 2012
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    by carpinus1 Jul 28, 2016 1:03 PM
    carpinus1 carpinus1 Aug 4, 2016 5:39 AM Flag

    Hello Stuck, been a tough week or so. The company is cursed. Wait 9 months and than an investigation! I'm not sure the selling is over or where we're going . I sold some at $1.50 out of fear. I believe they have a chance of completing merger but the odds are probably against them?
    My retired lawyer friend took a brief look at it a month or so ago but was totally unaware of any DOJ investigations.
    I blame myself for believing "hutch boys" could put this together.

  • Reply to

    3rd Quarter Results and where things stand

    by psquared11 Jul 29, 2016 2:23 PM
    carpinus1 carpinus1 Jul 30, 2016 9:25 AM Flag

    OIS certainly has proceeded slowly. Guessing TDK was going to put it on fast track with their customer base,deep pockets and expertise. Lots of unknowns here and will be interesting to watch. Psquarred sure puts a negative spin on the merger and difficult to argue with him. Last good news I remember getting from HTI was in 2014 when they were touting the future of OIS? I'm not sure and please correct me but I don't believe they have sold many if any OIS actuators? Seems they have been shipping samples only?
    I'll be driving an old truck for the foreseeable future.