14 consecutive years of misleading press releases in my opinion.
Its tough to prove though because many of their past lies are nowhere to be found because they were never in 8ks to begin with.
But I know the truth.
And If anyone would look at the sec filings, the 14 years of failure is there for anyone to see.
I cant recall a single CEO as incompetent as Calvert who has retained his job with such a track record.
And don't even get me started on Imprisoned felon Mark Roy Anderson.
To say Dennis & Joey didn't know he was a criminal is incredulous.
If you cant see that, its by design, Its called brain washing.
Yes, it was announced on/around may 2nd. So its an increase but one that everyone, except MT was aware of. And MT is just a BS news aggregator anyway.
Goodwill isn't cash. Its a sunk expense. Now, if in the future, the value of the acquired assets declines materially, they can take a lump sum writedown which in theory could give a partial tax break. As shareholders, we had better hope they don't take a goodwill writedown anytime soon because it will just mean they really screwed up and overpaid for whatever they bought. And with as big as this last deal was, that could cause the stock to really tank.
The goodwill write down test is very detailed and you cant just write it off because you feel like it. Only if the assets prove to be impaired with the detailed test.
Not sure. Its rare that 13d holders chase a stock higher though.
I had a sell order in at $3.49 and the stock traded just under that. My position is small though so its not like my order was holding it back. I have since raised my limit order.
I own it from 10/5/11 at $1.09.
I think I followed Lloyd Miller in here. Don't have a good understanding of the company though.
I don't believe their technology. I believe its all hat, no cattle.
That said, I'm amazed the stock is 83 cents.
Also amazed that Rodman Renshaw would let them in the door. I bet they find some shorts there.
I had a sell order in at $51.74 to sell less than 15% of my position but I raised the price.
Im afraid of losing my position and being unable to buy it back at lower prices.
My buys were at lower prices... 44.40, 40.51 and 45.01 as well as dividend reinvestments along the way.
The best move might be to do nothing for another 20+ years.
I thought a big market down move would have a negative effect.
I'm here for the duration. Just thought a 5-6% down move would mean an equal percentage decline in FUR.
On the other hand, SO has held up well. A flight to quality I guess ?
So we have a chance at more than 22 cents. Interestingly, it doesn't mention if they lose money so they must not think that's likely.
Would be nice if it was 40-50 cents, I just don't know how likely that is.