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Western Lithium USA Corporation Message Board

cjclink3 15 posts  |  Last Activity: Dec 16, 2014 9:36 AM Member since: Sep 29, 2010
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  • Folgers, Millstone, Pringles, IAMS, Duracell, can't remember if there were more......Reverse Morris Trusts, the opportunity to exchange for another stock (I should have exchanged all P&G possible for Smuckers stock!!). This may be tax advantage for the company, but the shareholders should have gotten special dividends. We buy some of these companies at high prices and sell them low. Everyone of the marketing gurus who talked the company into buying were promoted, I guarantee that. Shareholders are left holding the bag.

  • Reply to

    Shareholders get nothing

    by cjclink3 Nov 16, 2014 11:19 AM
    cjclink3 cjclink3 Nov 16, 2014 8:12 PM Flag

    You don't want a bigger dividend because you have to pay taxes on it? Making investment decisions, not taking some profits, etc. because you must pay taxes is a fools logic. I know plenty of investors who were sitting on huge profits in 2001, 2008, and didn't sell to avoid taxes. I guess it's good to be rich on paper, rather than give Ceaser his 20% in taxes. Plenty of them must have felt much better being 90% poorer after the crashes..... I'll take the dividend and pay the tax. Yes, like buybacks, this deal gives us a bigger share of P&G. Many company stocks do not move up after buybacks as the market just offsets it with a lower multiple. Did you notice how the stock moved after the Duracell announcement? Finally, I have diversified quite a bit out of P&G stock, and those investments have done much better. I think you'll admit that this wasn't the best decade for P&G stock for the ordinary investor unless the 3% dividend is you standard of happiness, your a retiree 10s of 1000s of shares.

  • Reply to

    Shareholders get nothing

    by cjclink3 Nov 16, 2014 11:19 AM
    cjclink3 cjclink3 Nov 17, 2014 1:58 PM Flag

    Let's take a different approach on this. Does it not bother you that we have acquired so many of these companies and have not been able to make them a success, at least from the standpoint of their impact on the stock? When you are still working at P&G, with a nice income, sitting on lots of Profit Sharing and perhaps options, it is easy to be satisfied with things. That changes after you retire, must diversify, and need more yield than a 3% dividend.
    I was around for many of the acquisitions, the marketing "pitches" to mgt, and internal developments(Pringles and others), on my original list of companies which have been sold (Folgers, Millstone, IAMs, Pringles, etc). it is disheartening to see Smuckers, Kellogs, etc. all touting how the very same revenue and profits are now helping their stocks.

  • As Greg Maffei said on TV a month or so ago, those buybacks are returning cash to the investor!! The stock was $3.60 then, do you feel all that cash in your pocket? The only people getting anything returned to them are the insiders who've sold the stock, and award cheap shares to each other. I'm long my last 40,000 shares, but sold $3.50 Jan calls 6 months ago on 20,000 and got $.27/share and they'll probably expire mid-January. I'll probably do it again, selling June $3.50s again. Just a bunch of financial engineers running the company now starting with Malone. I miss Mel Karmazin, smart guy, took the money and ran.

  • cjclink3 by cjclink3 Nov 20, 2014 1:14 AM Flag

    Yahoo Search over Google!!!!!!!!!!!!

  • Reply to

    DNDN lawsuit and investigation

    by havenger2021 Nov 18, 2014 1:37 AM
    cjclink3 cjclink3 Nov 18, 2014 2:45 AM Flag

    That's about right. I made a great deal of money on Dendreon after FDA approval. Kept about 20% of it, and got hit hard by the $20/sh loss in Aug. 2011, and got out at $10. In regards to litigation, I filed my losses in the last class action and got only a tiny fraction of my losses back. These guys on the board settle for chicken__t with the attorneys, and the shareholders get chicken__t in return!!

  • Reply to

    Where is budman?

    by cjclink3 Nov 29, 2014 11:15 AM
    cjclink3 cjclink3 Nov 29, 2014 6:40 PM Flag

    Well...many of us bought in at 14 cents/share, and sold in the 70 cent area. Pumpers are not, we made a lot of money....only a 5:1 gain..

  • cjclink3 cjclink3 Oct 31, 2014 1:01 PM Flag

    Of course they don't want to pay retail inestors a dividend. But, notice that the board is NEVER satisfied with buybacks for themselves like retail investors are supposed to be. Check Insider Transactions over the last few years. After the buybacks, they dilute ad hand themselves 10,000-50,000 shares at a time at $0 to $5/sh cost called "incentive options". Wow....with 10,000 free shares, today you're instantly $180,000 richer before you walk into your office!! A real incentive option is given at current price, then you work hard to get it up from there. These ultra cheap options are like candy to them. Check insider transactioins and look at the option excercises and sales over the last year, even just a few weeks after Ferguson.....amazing displays of PATIENCE like they expect of us!! Finally,, check CNBC's discussion of buybacks by Kevin O'Leary who is a way better investor/trader than anyone here. Buybacks are for suckers....see IBM and Cisco.

  • Reply to

    Regulars....One way to solve the Spam Epidemic

    by eljefe81 Sep 25, 2014 12:45 PM
    cjclink3 cjclink3 Dec 3, 2014 12:02 AM Flag

    I wrote before, but made a mistake, my Yahoo ID is cjclink3 not cjclink

  • I went to Yahoo Groups and went under Mining and Minerals Exploration but could not find Western Lithium Select? Was that the right category?

  • Reply to

    Where is budman?

    by cjclink3 Nov 29, 2014 11:15 AM
    cjclink3 cjclink3 Dec 1, 2014 1:34 PM Flag

    Let me know how I can get into the Select chat room, if that's possible. Certainly, I'm long, still with about 60,000 shares, although I took quite a bit of profit in the $.90/sh range. I've made more than I can ever lose. I thought there would be a news release on the mud sales, and all I know is that the German plant is running. I think the decline is due to the oil price, suspicions that the frackers aren't as lucrative anymore, and just lack of a press release from the company.

  • Reply to

    Where is budman?

    by cjclink3 Nov 29, 2014 11:15 AM
    cjclink3 cjclink3 Dec 2, 2014 11:18 AM Flag

    what's the name of the elite board so I can ask to get in

    Sentiment: Strong Buy

  • Reply to

    Where is budman?

    by cjclink3 Nov 29, 2014 11:15 AM
    cjclink3 cjclink3 Dec 1, 2014 11:43 AM Flag

    Are you short the stock? I don't are, just wondering since I see Strong Sell.

  • Reply to

    Regulars....One way to solve the Spam Epidemic

    by eljefe81 Sep 25, 2014 12:45 PM
    cjclink3 cjclink3 Dec 3, 2014 12:00 AM Flag

    Hey....I have been long, with Budman, when we were the only guys talking at 14 cents/share. We hung in together and lived through it, so I'd like to be let in. My Yahoo ID is cjclink

  • cjclink3 by cjclink3 Nov 29, 2014 11:15 AM Flag

    does anyone know where some of this group went, like budman?

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