you don't understand their business and the difference between me and you is I'm not telling others to buy while I'm selling. the company is open about their plans. Management is not lying. the company pays shareholders to wait with a near 3% dividend. The asset they are selling is a 50/50 joint venture non-core to the company and will net them $4.8B tax free. They have billions more in cash and generate $2B/yr more in cash. While trading at a big discount to the market.
If anything, they should sell off more assets or break up the company into 5 companies.
possibly but not likely. I still like GLW in this space. another poster mentioned TEN and they have been doing well
the $2K/month per union employee health benefits is a real savings ($80M/month). The 10% 401K match and 12% pension contribution is a real savings ($40M/month). The OT paid to management and union pay cancel each other out. Lost installs and extra work if they come back need to be accounted for
$95M/week seems high. Probably $100M/month in savings to the company
factor in a $10M funding at 25% discount and the debt converting at 25% discount to that (43% discount) and there will be plenty of shares. $10M gets them through 2 years unless things are worse than they say.
but you were selling during those false and misleading posts you made even when you were telling others to buy. you are a vile human being. I am enjoying watching you lose your money
I sold IDSY and said I was after their earnings. Their insiders are liars and have been, just like here.
I have said for months, maybe years, that BK was a consideration. The way the stock is acting you have to assume the worst.
My commentary yesterday assumes and funding would be at 25% below the current price and the insiders get 25% below that. It is all relative. Why would a funder come in above the current price? That is stupid and not how it works. So if the price is 30c tomorrow, assume a funding at 22.5c. If the price is 20c tomorrow, assume 15c. I have seen existing shareholders walk away with 10% or less in deals like this. This is how a death spiral, which you fail to admit and call it that, works
maybe they should look into your posts over the years while they are at it. Any lawyer doing DD on you would tell you to go away
12 months? Try like at least since you got in 4 years ago. This has been a scam since you brought it to my attention. I suspect that is why you got in. Too bad for you that you started believing your own lies
you didn't mind their misleading statements and PR's when the stock price was going up. That speaks immensely to your character. As long as you could stick someone else with your shares, it was fine. Misleading Honda TLX PR, so what? Dubious SA article, all the better! As a matter of fact, you were head cheerleader in those days. I'm glad you're F'd now. You reap what you sow
maybe they have said nothing because a funding they thought would happen has fallen through. I think you all need to come to terms that this could go BK at any moment. flame away but those are the cold hard facts.
in the event of a BK, K&B wind up owning the company.
has TAXI not been a poor performer if you held? they are TBTF and therefore don't have BK risk. The point I was trying to make is all banks are selling for a discount to book. That is what NIRP does.
no bank is selling at book. JPM, BOA, Wells Fargo, none of them. If you are waiting for $11.50, you are being greedy