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Western Lithium USA Corporation Message Board

cjclink3 857 posts  |  Last Activity: Jun 27, 2016 5:49 PM Member since: Sep 29, 2010
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  • cjclink3 cjclink3 Jun 27, 2016 5:49 PM Flag

    You probably told us this when it was $15, $20, $25, $30.
    Glad i bought there. Whether I get $35 or $40, I'll be happy..
    Keep shorting.

  • This could have been a done deal, but now we're paying for the Brexit effects on Alibaba and on the potential buyeers themselves.. This has to be the most entrenched self interested board ever!! That's why I voted to throw them all out except Jeff Smith's guys. Marissa is probably smiling. Ironically, Susan Decker is on the Berkshire board, a potential bidder.. Decker didn't contribute anything while on the Yahoo board for years other than award her self and the others lots of cheap options.

  • Reply to

    VIX up 6%, TVIX up 1%

    by jouster85 May 23, 2016 9:47 AM
    cjclink3 cjclink3 May 23, 2016 4:00 PM Flag

    TVIX is more than a double index. It is loaded with futures, calls and puts, contango,etc.. Those affect is as well. So, when the VIX moves a little, sometimes the correlation is not direct. However, if there is a very large spike in the VIX, TVIX will certainly follow it, double at least

  • The article today saying that the Plano corporate center is for sale with 80 prospective buyers estimated that they could get about $369 million for it and that will pay down debt. I wonder how much, and wouldn't this result in a stock pop. This could be the short squeeze once it is announced.

  • This just shows what a joke buybacks are? I remember the CEO saying these are "returning cash to shareholders". They oughta pay us a dividend for just holding this stock which is like watching paint dry. When John Malone buys hour company, sell. I shoulda left with Mel Karmazin.

  • Just like the 2 founders screwed up the Microsoft deal back in 2007, and despite these new directors, this board will figure out a way to screw up this buyout deal. This is a board that is entirely self-interested, always has been, awarding gobs of free shares to themselves for failure. No board member wants to give up this free candy store and gravy train. And, the CEO has to save face, or if not, pull the string on that $55 million parachute. Silicon Valley where you get rewarded immensely "for only trying" even if you fail.

  • New directors have been been greeted and paid $2MM, golden parachutes are in place, and free stock options are being awarded to all the failed directors and new ones that will contribute absolutely nothing. There can not be a worse history of board governance (47 directors) and failure after failure. Now pretty Marissa has preserved her job and her $55 million parachute. I'm waiting for Mr. Smith to speak.

  • Can't wait to see this movie coming out this weeked starring George Clooney. It probably explains a lot about what we see as the "big boys" take down a stock.

  • I am very surprised that the short positions have not covered 24 hours before the earnings report. Especially because of the 20% pop after the last report. I guess they believe their own stories. I'd love a private equity firm to come in and take JCP private. That would be a very interesting squeeze. There is no comparison between the traffic in JCP vs. Macys or Dillards, but I know, data does not matter.

  • had a CEO like NAT, coming on TV to instantly defend his business model against analysts like Jeffries.

  • If Lowes earnings dropped, you could bet that Home Depot is taking share from them and its stock would consequently go up. JCP is taking share from Macys, Kohls, etc...just go in any store and compare the lines, so in time, once the debt situation is reduced, JCP is going to take off. Furthermore, some people, 10-15%, may buy their clothes on line (maybe the grunge millennials I see out with their sloppy wear), but the vast majority of people want to see, touch, and buy their clothes physically, same for drapes and other such "soft" items. Most of these analysts never leave their desks.

  • Reply to

    One question...

    by markitvalue May 6, 2016 9:33 AM
    cjclink3 cjclink3 May 6, 2016 4:36 PM Flag

    There's a movie coming out after May 13 called "Money Monster", and I'm looking forward to seeing it. You can see the trailer on the net. Something is fishy about that New York Post report.

  • Reply to

    They Found 1 Employee

    by cjclink3 May 6, 2016 11:29 AM
    cjclink3 cjclink3 May 6, 2016 11:46 AM Flag

    There's nothing like a gigantic short squeeze coming your way. JCP has plenty of assets that they could instantaly liquidate to reduced debt. Their Plano commercial properties are one of them. You could wake up to a debt reduction/liquidation and get the squeeze of your life.

  • You can find or pay 1 disgruntled employee in ANY company, GE, IBM, etc. who is willing to talk to the media. I was a Dept. head for a very successful Fortune 500 company, and even in the best of times, with the stock at highs, you could find staff or factory employees who were always discontent. That's why they call them malcontents. I got into JCP at $7 last year, made a fortune, and I'm buying again.

  • cjclink3 cjclink3 May 3, 2016 5:15 PM Flag

    They are planning the next round of rewards to all the Directors, the new ones, and the useless old ones. That includes salary increases, stock options, etc, all the same things they've been doing for the last 15 years. Why sell the company when you can keep this perpetual gravy machine.

  • So, the old board welcomes the 4 new members, pays them $2 million, along with the normal rewards for being directors, makes Starboard feel very "welcome", and keeps some of the old board members who have contributed nothing over the years but have been rewarded very well for failure. I think we're back to Square 1, anything to save Marissa's job. She is just a spoiled brat with no sense of value, throwing $50 million at Henrique de Castro, a billion to Tumbler, on and on. Yahoo is the poster child for the worst board governance.

  • Is there any board more hated than this one? Every 5 years, the games begin with them. I remember before 2010 after Yang and Filo gave Microsoft the finger at $31/sh. There was a proxy fight then. I voted for the new guys but some kind of game was played, had to vote again, and the old guard remained. Anyone remember that? Then, they all award themselves tons of free options for what? Whatever, they all remained. And, DavidFilo, after laughing at Microsoft's $31 bid, watched the stock drop to $11, and sold 150,000 shares/month at any price from $12-$14, raking in tons of cash, nearly all free stock awards. It was like he was laughing at the retail shareholders who were underwater. He may own 7.5%, but he's never paid full price for any of it. I guess getting stuff free is ownership.....only in America's stock world.

  • help with a strategic plan? Charles Schwab just left the board, obviously did not contribute much over the last several years, so how is the lady from Morgan Stanley going to contribute?. I could see if someone like Mark Zuckerburg or someone of that capability in software/coding might help, or another software hotshot might help, but this is ridiculous!! It just shows that these boards are just lazy country clubs, where they fly in, pick up options, a nice salary, have dinner, and pretend to listen to things they don't remotely understand as the topics/software are so far from their sphere of understanding. They probably vote yes to everything that Marissa and Maynard suggest. Yahoo just throws money on the ground. After Henrique de Castro, Tumbler, they could have paid us a dividend.

  • cjclink3 cjclink3 Mar 10, 2016 3:23 PM Flag

    What is the head of Morgan Stanley or Broadcom going to actually contribute to the core business, advertising, display ads, and many other aps? This is nothing but a Country Club meeting, hor d'ouvres, drinks, and a nice salary for contributing absolutely nothing. Yahoo throws money on the ground i.e. Tumbler, Henrique de Castro, and now these 2 new board members. It's looking like Marissa has turned out to be a rich little spoiled brat. Maynard......hopeless.

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