So you are saying the 77% INCREASE in 2012 holiday orders vs. 2011 will actually cause them to lose money? Interesting position.
Well, why didn't you say that in the first place? Can you ask them why they took so long to increase their biz development efforts?
Who are you and are you allowed to provide these types of details about the Co. to the public without using a press release, conference call, or SEC filing? Also, why did you wait until you lost a big customer before you started to "increase our business development efforts"? Shouldn't you always put forth maximum effort to increase your customer base?
i feel your pain. you sound a lot like the person
i used to be, except that i would never compliment
a lying scam artist. with 300 shs/less than $300
mkt value, i guess you might as well hold on.
besides, in another 20 days or so this baby may become
DELISTED, then you might have a tough time finding a
what are the DELISTING requirements, xtime? do you
have a link that will show me what they are? i think
it's 30 days with an average trading price below $1.
i'm not positive, though. imho, ltv looks like
they've had it. is whx next?
pittsburgh used to be
the city of champions. imho, i don't think even super
mario can save this stock.
i have disputed your hype because it's old hype
that's been around for years when the stock was $12,
$10, $8, etc. it didn't move the stock up then and it
hasn't now. you are entitled to an opinion, however, you
are not entitled to lie, spread false rumors,
i am only visiting a lot because i have engaged in
a "discussion" with you and i know every time i
respond to one of your stupid responses i will get an
even dumber response from you. i'm amused at the fact
that you need to defend yourself so vigorously. it
must be because your nervous you might lose a bundle
on this one.
are we at the bottom? you know
that for sure. you must be the greatest technical
analyst ever then, because it's pretty difficult to call
a bottom. maybe you're off a little, maybe the
bottom is 50 cents. if it is you'll be down about
50%-60%. that's good
insiders/institutions own this stock, so what. they've owned this stock
for years and watched the price collapse. labown's an
insider isn't he? gabelli is an institutional investor
isn't he? they've been around since the stock was $10+.
does that make them wise investors?
i admit i
was a fool for investing in this POS. but even when i
owned it or any other stock, i never hyped it hoping it
would push the stock higher so i could get out. i
discuss facts and the facts are people have been posting
about the huge short position and high
insider/instituional ownership for years when the stock was at much
higher prices. where has that gotten the
you're right about one thing -
nobody is posting to this board. maybe you're an
insider/instituional investor. ron, mario, is that you? i would hope
not since you've said some pretty stupid things so
i will come back to view your response and i will
try to resist responding but if you post another
blatantly stupid message, i'm warning you i may have to
respond again. if i can walk away i won't be back for a
few weeks. if at that time i see you haven't
monopolized the board with your useless weblinks then i will
not feel the need to respond. otherwise, i will be
of course, all of the above is simply my humble
you sure get vulgar when you're losing
when did i say you've been here for years? i said i've
heard the same crap you've been saying for years. i
assume other hypsters have said it in the past. you're
just a new hypster repeating the same old
i must be a moron, because i don't know what you
mean by "You on the hand have, have been" - huh? and
"Oh Yea!, they really know how to that" - i don't
i've looked back at my posts. had a few laughs. not
sure about the "To the MOON" b.s. most of the time i
was complaining about a declining stock price and
labown's insistence on buying back shares all the way down
from $10 to $2, while leaving all that debt on the
books. no hype there. just the facts, minus your pretty
imho--> you are a phony
hypester that bombarded this board with your silly little
links that provide investors with nothing insightful in
the hopes that the few people actually reading this
crap would buy based on your stupidity. here you are 2
months later and in no better shape. good work.
i've been here since double figures. if i were short,
don't you think i would have covered by now?? what's
one more dollar if i shorted at $10+? you really are
dumb, aren't you? you poor thing. if it makes you feel
any better, i pity you.
good luck, hypester.
why am i hanging around, you ask? i guess for a
number of reasons.
first and foremost, you. when
i saw the b.s. you were spinning faster than a
democrat in florida, i felt it was my obligation to let
the other reader(s) of this board know that i've
heard the crap you were spewing forth for years. just
wanted to warn the general public that what you were
saying may in fact be false.
second, i'm curious
to see how everything unfolds. what the end result
will be for whx shareholders. i clearly made a big
mistake investing in this POS, and i like to learn from
finally, i wouldn't really call
it hanging around. i periodically check the news and
the board to see what's up. i feel bad that this
stock only has 800 messages so i add my 2 cents every
once in a while. i am looking forward to the
prestigious 1000th message and can only hope that i am the
one that posts it. hopefully for shareholders of this
company will still be around for the 1000th
see you next time.
i don't know, was that the sec snooping around?
was that you that posted 2-3 years ago that the
shorts will have to cover soon and when they do this
stock is going to pop from $10 up to $15-$20? did you
misplace a decimal? did you really mean $1.00 to $1.50 -
i don't have to cover. i sold a few months ago
because i was tired of waiting for labownhead to do
something productive for the shareholders.
how's your profit in whx? you were so proud of
yourself a couple weeks ago when you had almost doubled
your $$ at $2. well, it looks like your back to where
you started. don't worry, i'm sure the "short
squeeze" will be happening any day now. i mean, people
have been waiting for it for years, so it has to
happen soon, right?
yes, i have followed this stock for a long time.
in an effort to diversify my holdings beyond growth,
tech, etc. i wanted something with a value flavor. an
industry that was underowned, out of favor. with that in
mind i bought this POS and suffered miserably.
i've heard all about the BS you're spewing for years,
and it's just not true. the fact that you would go to
such great lengths to support your cries just shows
what a fraud you are, imho. the shorting occurred
years ago. do your records show you that? do you really
need to cover if the stock goes to zero, smartguy? is
one of the "smart" institutional investors mario
gabelli? i remember when he was wisely acquiring this
stock in the $8-$10 area years ago. pretty smart, eh?
fortunately, i am no longer a shareholder. i got out during
its most recent nosedive. wish i would have done it
back around post #149. i was right though with my old
posts. they should have liquidated years ago. it would
have been better for the shareholders.
me, if you buy the preferred for the dividend and
short the common, do you really need to cover??
i assume that the six people that actually read
these messages are already aware of the fact that xTime
is a fraud, but i just wanted to reiterate it just
in case some poor innocent fool stumbled upon this
stock that didn't know what to make of it. most
everyone knows why the short position is so large and most
everyone knows by now why the stock is under $2. if you're
truly considering buying this stock to make $$ i
suggest you go to vegas (or wheeling downs) instead. your
odds are better. imho, of course.
$27/share BV sure is impressive except when you
consider they have about $81 per share in debt. debt is
real and there's no chance it is overstated on the
balance sheet. assets on the other hand can be
overstated, especially if you change your valuation method
from a going concern method to a liquidation
will they really get book value if they had to sell
off their fixed assets? will they get to utilize the
deferred tax assets? will they get any value for their
someone asked how could labone let this co. go to ch11?
well, how could he let it go from $10 to $2.50? how
could he use the co.'s cash flow to buyback stock when
the price just keeps dropping, rather then pay down
some of that enormous debt?
what probably happened is that whx bought back
900,000 shares of their stock. this has happened many
times before. i don't know if they bought back the
stock from institutions or from labone himself. all i
know is that they've been doing this for awhile and
everytime they do it the stock goes lower. we're talking
millions of shares have been repurchased for an average
price of maybe $7 or $8. and the stock's at $3!!!!!!
apparently, they just can't think of a better use for their
money than to buy back this miserable stock.
all pzza did was change their capital structure
by exchanging some of their high cost equity for
lower cost debt. what's wrong with that? 119M debt with
40M operating cash flow for 6 months isn't too
dangerous. they realize their growth will be lower so why
not get rid of some of the equity? they still
generated 16+% return on invested capital for the first six
months of 2000. their poor SSS in the last six months
has really hurt their momentum. if they can improve
on that (4-6% going fwd) this stock could easily be
in the mid-30's this year.
for 1999, laboner bought back 3.6 million shares
at an average price of $8.50. at yesterday's closing
price, that's a 17.6% loss. you keep shrinking that
balance sheet. with only 14 million shares outstanding
the loss for the year was over $2 per share. keep
buying back shares and pretty soon the banks will own
the entire company. i wouldn't be suprised the shares
the company are buying back are your own!!!!!!
Just wanted to let everyone know I'm still here.
Actually, I just wanted to post the prestigious 300th
message on this board. I am considering dumping some of
my shares before yearend to offset gains I had on
other stocks this year. I realize that's not a good
reason to sell but I hate to pay tax when I'm sitting on
such a nice loss here.
Could you please explain to me why PZZA would
want to acquire franchised units, such as today's
announcement for the Cleveland stores? Do they typically pay
with cash or stock or both? If the units are very
profitable, is PZZA paying a big premium, and why would the
franchisees want to sell? If they are not very profitable,
why would PZZA want them?
It looks like they may have bought back another
chunk of stock this morning. What's scary is most of
the time they've done this, the stock has not moved
much. Are there really that many sellers willing to get
out at these prices? Every day the stock trades on
low volume, and then WHX buys back 100k shares at one
time and suddenly there's 100k of sellers ready to
sell to WHX.
Are they taking shares off the hands
of institutional investors? Do they have some kind
of agreement with these groups? Does LaBown say
"please don't dump our stock on the open market, we'll
buy it from you."?
Yes Richj13, 8 does feel a lot better up from 6
1/2 rather than down from 14. I still don't
understand the strategy of spending so much company $ on
buying back stock, when they could have been paying down
their debt. Their debt to equity is about 5 to 1. We
can only hope that they are seriously considering
selling the steel co. sometime this year. It seems like
that's the only way they can get us out of this mess.