Short term yes, but this got way overdone.
That's what you fail to realize.
Looks like you are running for president of the YAD Club.
Let kase have his own learning experience and the more expensive it is
the more it will sink in.
"LL will have legal expenses for many years."
Sure they will.
You are showing that you are a complete imbecile by using scare tactics like predicting
what the market is going to do, this very month !
You don't know a thing about VRX or what the market is going to do, either short or long term.
Time to take your meds and shut your yapper.
Don't meddle with business or the entire stock market will
That guilty verdict and fine was ridiculous and that was Jill Witter's way of protesting it !
Here is a fact: The Russians don't care about human lives let alone the trees involved
in this fiasco !
Jill Witter? Looks like I got me another Baby Sister.
LOL.. My wife saves the heavy rubber bands from the claws of the lobsters we buy.
At the end of summer they totaled 78.
If you are shorting LL right now at $17.+ what facts are you going by?
Do you think W. Buffett or Peter Lynch would say you are making a
Is what you are doing something that they would do?
Peter Lunch would own LL shares and be buying more and more.
Lynch was asked on TV, right on Wall Street Week, if buying huge amounts
of Chrysler shares wasn't quite risky, since it was in the $2 bracket and looked
like a CH.11 candidate.
About his only comment was; "I get paid to take risks."
To him it was a calculated risk with the odds tilted nicely in his favor.
He figured the company had enough cash to last for 18 months and he
liked the new models of cars they were bringing out.
Also he must have taken into consideration that Chrysler had Lee Iacocca for CEO;
one of the best CEOs ever, wouldn't you say?.
"If you can find a better car for the money, I advise you to buy it!", was one of
Lynch put every dollar he was allowed into Chrysler shares (5% of the fund) and
made 16 times that money.
But the biggest reason I like and mention Peter Lynch is he admits and tells about his mistakes
right in his 2 books. "One Potato Two" comes to mind and others but this is my Saturday...
You are talking "cash at hand."
How much cash flow was used to pay down PEIX debt?
The answer is...... A TON !
And now the combined companies will do it again, only
more and better, this time!
Your messages consist of just an average of 4 words.
And I think it is because you have zero common sense.
So shoot me, or "fill your hand, you son of a b...h" and
".regardless looking forward to stellar data tomorrow morning!"
Okay but just one question. Tell me what day this is.
Something else on that margin loan subject.
CEO Pearson pledged 2M shares of VRX as collateral on a $100M loan when the shares were at $206. ea.
If he was confident enough to do that does anyone believe he was authorizing fraudulent activities
within the company (VRX)?
To me this is like evidence that there was nothing underhanded to be concerned about.
"What an ugly situation that is. Can't disagree with that."
kase, as far as I know, you are the only one on this board to call VRX an ugly situation.
But from what you have said in the past, you have that same opinion on every stock
E_O might think it unethical to own that stock, but if one bought shares and made a good
profit, just give a percentage to the charity of ones choice.
It's all about making money. Take a calculated risk when the odds look to be in your favor.