You always sounded like a heavy hitter. I should have known better than to cross a big deal like you. LOL
I'm surprised you haven't taken out HLIT with a hostile offer. Then you could fire Harshman and replace the board with your flunkies. The stock would soar.
Great idea ! You can't miss. Smart of you to give yourself an out in case the strategy doesn't work out:
" I hope I can get what I want to short. Hard sometimes. "
You are so transparent. LOL
I was wrong. It only took you two hours to ask the same question. I gave you too much credit.
If you really have any courage to go along with your conviction go massively short. How can you lose if you follow the lead of all those highly intelligent shorts ? It should be perfectly clear to even the slowest that management and the board have absolutely no regard whatsoever for your opinion even though you've expressed it countless times. Take advantage of all your due diligence and bet the farm on the short side.
I've told you countless times a company may partially compensate employees with stock to conserve cash. I'm sure you'll be asking the same question tomorrow since you're either dense or have amnesia.
Nothing would please me more than for you to sell your imaginary shares and short all you can. I'm 100% behind that.
No apology needed. I enjoy your posts. You are obviously extremely intelligent and probably have lots of reason to be frustrated. It's those boring, repetitive, humorless rants offering no insight which are annoying.
Nobody discusses anything other than with childish personal attacks. It isn't me that needs a doctor.
The last time Harshman and Covert received options they did not sell any to cover the resulting taxes due this April but instead opted to pay out of pocket. citamar aka jackoffwarrior, c757172, mister chips etc seems preoccupied with options yet he doesn't find this significant.
It means you are looking backward as usual rather than forward.
I give Harshman and the board credit for moving away from dependency on certain parts of the cable business which may face competitive pressure. Their move to a more software rather than hardware centric business model is positive for margin growth. Adding to the customer base and geographic reach by acquiring a competitor is positive. Continued growth of the service business provides stability to a business model which was criticized for lumpy revenue in the past. Shrinking the share count will leverage future earnings growth. Adding some debt to an overly conservative capital structure seems prudent.
But these are all real things and you don't want to discuss that. You're fixated on whether management gets compensated with cash or stock as you've been ordered to do.
Earnings will be released 6 weeks after the quarter ends instead of the customary 4 weeks. The extra time is probably to construct financials with Thomson included. They've said the acquisition will be accretive so they'll want to present guidance if possible. A conference call half way through the quarter should make Q1 guidance fairly accurate. Also a couple of extra weeks may be needed to decide the form of the buyback or maybe just more time to take advantage or the current low share price buying back shares.
You really think Harshman would take time to answer the likes of you on a Saturday morning ? LOL
If you want to see a clown look in a mirror.
Try to concentrate, citamar. Squint and squeeze your butt cheeks as tight as you can. Management and the board are partially or wholly compensated with stock options instead of cash. Harshman's pay is not by any stretch of the imagination out of line as a multiple of what the average Harmonic employee is paid. Stock options are given to conserve cash and align insiders interests more closely with shareholders.
Routinely those exercising options sell about 40% to pay taxes. Harshman and Covert haven't been doing that lately. Why do you suppose that is ? Try to answer without more childish name-calling.
So in all your years of investing you've learned shorting is a low risk, can't miss strategy only done by very smart people completely informed on the fundamentals ? And your extensive due diligence analysis has cleverly uncovered the fact HLIT has gone down ? And you are quite certain management and the board can offer themselves as many shares as they please any time they want while the only recourse for helpless,hapless shareholders is to cry their hearts out on a Yahoo message board every day. I'm impressed.
Company has between $30mil-50mil from offering for buyback. Institutions own about 75mil out of 85mil outstanding shares. Those early reporters of holdings as of 12-31 show very minimal selling and even some buying.
Well, kene, you're assuming citamar actually is a long investor. That 's about as likely as you and I are insiders on the gravy train. I have come to believe he is:
1) paid a pittance by somebody to flog this message board
2) a disgruntled ex employee trying to irritate the boss who fired him
3) a certifiable lunatic who loves money, lost and now blames everyone but himself
There is another theory if you are in to twisted plots. Maybe citamar is employed by Harmonic to badmouth the stock so they can purchase shares on the cheap. Maybe real longs should cheer citamar along to make the buybacks as efficient as possible. Let him scare ma and pa out of their shares.
I expect the company buying back shares to come first which will precipitate short covering. It'll be very interesting to see how many shares they've bought back at these prices.
Somebody new could easily be drawn in based on tactical trading. Regardless of fundamentals there's a large short position vulnerable to a brutal squeeze when the company announces a newly funded buyback plan. Positive guidance would be icing on the cake.
Just waiting for the upcoming conference call. Nothing interesting which would move the stock likely until then.