so corvisa is just the IT department of SL? seems high. Advent needs to be shut down and i suspect it will be after this tax season. it's just not making any money.
i never said your posts about the company were false. i said you didn't need to do it with the personal attacks. and frankly i think more people would listen to you if you made your points without attacking others.
but hard to figure out your rational, given you post 1k times a quarter for years on a 25mm market cap name without any financial interest in the company now or in the past. it's comical and pathetic.
the company does not care for shareholders in my view. at 10x earnings they should be buying back shares (and buying in property, which they are doing). hard to see buying dealers being accretive at the prices i think they are paying. also, SG&A has been bloated and poorly run for a while now.
the used initiative i don't like also.
in a well run company, this would be a 40 dollar stock. if there wasn't a dual class, an activist would be all over this company.
a good post. very informative. old news but people should know.
ROFLMAO? who even uses that anymore?
i haven't really looked at this board much over the years but my sense is that it's personal attacks to most people mixed in with some good company analysis.
as i said, it's a message board and you can do as you please. my view is that the personal attacks reflects poorly on the person doing the attacking. Rooky was worse and he pumped and dumped.
saved hundreds? a real life mother teresa on a yahoo message board.
there is like probably 20 guys in this stock and maybe a few of them have extremely large positions relative to their net worth.
for most people this was an investment gone bad and now it's all about hope.
to be clear, while i think SL is worth something the upside case in the stock is very low. i can see a few scenarios where the stock doubles/triples. i can see many scenarios where the stock gets diluted again.
it's just your delivery and personal attacks which distract from the story.
from the price action many people did sell when it went from 40 to 5 (pre reverse split).
ROFLMAO - not sure what's so funny.
well, i for one don't think you handled yourself maturely by your derogatory comments. it's one thing to point out flaws in the business and stock (which i agree completely with) and selectively rail against bad posters but you seem to harrass everyone long the stock.
it's a message board and you can do what you like of course. But if your goal is to get people to not buy the stock you would probably have better luck by attacking the company versus the personal attacks.
okay, so you use stop losses. does that mean you have made an investment mistake in the past? because it didn't appear that way from your earlier posts.
sure, the guys who are long it for the most part (rooky aside) were long it before the blow up for the dividend. now there is no divididend and they are hoping that somehow this can turn around.
the stock chart and the company actions show who is right. what does posting cost basis do? my bank account shows who is right. you think the bulls don't realize how poor the company has done? of course they do. most are just holding out hope. some are pumping to try to get other people in. but that's a tiny minority in my view.
the sad part for you (if your to be taken at your word) is that you have posted non stop here for years without any financial gain. i frankly don't believe it to be true. i have to assume you made a lot of coin on the short side here. otherwise, it's just pathetic.
so what? so they make a mistake. if one of my stocks goes down 99% i'll be upset but it will be tolerable.
it's clear you haven't made an investment mistake before. most other people have including me. clearly most people on this board have (given the disaster of a stock)
but what's the benefit of pointing out what someone else paid for a stock? does it make you feel better?
your points are very valid - very similar to this guy BankBuyer on IV but you both get very negative on anyone.
don't know the individual dynamics as well as you do. all i know is that an equity holder walked away from their investment. there definitely could be more but i don't know. i guess that's a question you can ask on the next conference call.
i have said that SL has turned into a decent business and could be worth some money if they can get greater scale.
there has been bad news for 7 years on this stock.
even the pumpers (like poolblue) believe management is collecting big bucks. i have been saying this for years. now he agrees...
i'd love some positive news. i would love to make 250k on the long side. i just don't see it.
i agree on Rooky. i think what he did was terrible. i have made that clear numerous times.
Bumping is no different than posting non stop .
how do you know everyone has losses they can't tolerate? do you know their financial situation?
it's a message board. there will be people attempting to influence the price of the stock. anyone listening to a message board pump without doing their own work is stupid.
outside of a few bad apples (e.g. rooky) most people here made a mistake and are hoping for better news to come out of the company so they can make some of their losses back. targetting anyone with a positive spin on stuff is stupid in my view. i prefer to target my ire at the true #$%$.
so that's the reason why you been following the stock for 7 years?
of course some pumpers are lying and others are just wrong - it's been that way for years. that was the short opportunity.
the vast majority of guys though just want their spec position to do well. harrassing everyone on their underwater cost basis does no good. at least in my opinion. but to each their own.
plus, with your posts i think most people overlook the good work on the name.
what's your point? seriously?
all this work on the name over the past 8 years and you claim to have not made any money shorting the stock. (at least i made 250k shorting this). that's pathetic. i hope you are lying about not making any money on the short side here.
Anderson blew it up and i think he sucks. but the discussion was about what would happen if they got won a new contract with a big player.