Wrong? They pay a dividend every qtr. to short this stock. Do you really think they would pay the dividend every qtr. if this stock was as good as someone like boxdummy says it is? Shorts make a lot of money shorting stocks. They pick stocks that are good candidates for shorting and this stock is a great candidate. I can't wait for this stock to go to under $5.
$6? You're generous. Give this garbage a couple more months and it will be under $5. That's a guarantee. If this isn't under $5 in a couple months I'll never post here again.
Please leave me out of you ignorant rants. I invest in many of Dr. Frost's holdings including this one. I can assure you this is the only ID I have. If you have a problem with someone else take that up with him and leave me out of it.
To go up while it's so heavily shorted. The shorts control the stocks they short. There's not enough money to buy enough shares to cancel out the shorts. It's just that simple. The only way to make money on this stock is to join the shorts or wait until the shorts drive the PPS down enough to buy it at a reasonable price, say under $5.
Doing a lot of double talking. In one sentence they say the div will not get cut, it's safe, there is no way it could happen. Then in another they say if the div did get cut the stock would go up and then go on to say why it would go up. They're scared and it's showing. They have no idea what's going to happen and if you own this stock and don't sell it now you will be sorry. You will be able to buy it back for a lot less than it is right now. Even if you paid over $8/sh for WEENIE when you bought it and sold now at a loss when you buy it back for under $6 you will be in much better shape than you are right now. This is the absolute best advice anyone can give you GET OUT NOW. You've been warned.
Multiple scenarios? Are you kidding? "The divi is safe, there's no way this divi is going to get cut" and "If the divi gets cut it's still good news" is not multiple scenarios, it's double talk. It's scared double talk.
The reason investors short stocks like WEENIE is because it's garbage. Shorts make money shorting stocks for a reason, the stocks they short are junk and they are almost always right. Think about that.
In this stock. WEENIE will go higher. I plan to triple my short position soon but not before I sell my newly acquired long position. This will be $8.25 soon and then ...................... we'll see.
kt, don't buy that bridge form sofyam263. It's the biggest scam ever. He doesn't really own the bridge he's trying to sell you. I on the other hand have some prime real estate ocean front property in Arizona if you're interested.
First, the S&P is usually wrong short term, right long term. So if they're right long term this stock will see $10 in about 2-3 years but it will go through some very bad times until then. Do you want to be long at this price and see $10 in 3 years or be long at under $6 and see $10 in 3 years? A divi cut short term will destroy the PPS of this stock but make it go up long term. Theirs that dreaded long term again. No matter how you cut it, this is going down short term. Going down a lot.
Really???? You don't know the future of any other stock? WOW! You sure act like you know the future of stocks when you're bashing other people's investments. What a loser muck, I mean box.
Actually I do. I know you know I know who you are and you know that I know that you know that I know who you are. You know? Anyway, you also have other ID's one of which has the initials BC. You know what BC stands for, don't you? Of course you do, It's the initials of one of your other ID's. I know EXACTLY who you are.