So long run you have a stock with 440million in debt about 275million in revenues.
Yes they will be getting 21million in cashper year from AWN but there is no accelerated pay down of debt which the 190million would have done.
I just got myself into a liquidity trap on a thinly traded stock and will not touch this.
still I have been profitable here despite my #$%$ kicking today.
So did research after investing which was dumb of me, so I had get out ASAP.
Here it goes AWN preferred distributions $190million 4 years which was promoted big for the AWN transaction is basically only 21million + how much they can retain customers per year.
This quarter they lost lot of customers to gncma because gncma just promoted heck out of the wireless, distribution
So basically these preferred dividends are just useless and when Verizon shows up they are going to get killed more.
How can these guys overlook this simple game GNCMA is playing.
This is what I have been telling you whiny bashers for a long time.
I dont waste my time on stocks which I dont have any economic interest unlike you losers.
If this falls to mid 4s I will buy this back for 10-20% gain see yaa.
Did Sal telegraph that to you in your sleep?
You do write good fiction stories though.
Last quarter stock was down quite a bit and they bought 13million shares.
Run to $5.5 is just a repricing of risk here from the Armageddon its over crowd to more like Business is more sustainable and job boards are here to stay.
Atleast you are not going near the equity side.
Still I think if they default you will lose money even on bonds.
mww is a cigar butt style stock for me.
Cigar butt style investing was pioneered by Benjamin Graham who was the teacher to Warren Buffet.
cigar-butt is made because the company in question usually has "one puff of smoke left"
I can make profit in monster with low risk than fighting with momentum traders in linkedin.
If monster had a social strategy it would be selling at $50 not $5.
You have the skill to point out the obvious Mr. Einstein!!
big difference when mww gets p/s=1 then it is fairly valued at about $8 per share.
Actually I disagree,dhx was doing was bad investment when it was buying its own stock.
I disagree with your assessment, I looked at the price action and does not look like it is going down.
It is forming a base @ 5.5s, this could hit 8 in January and at that time possibly it may pull back.
I just dont see a pullback with Korea deal about to close.
Ed you might have to try some reverse psychology.
Since you followed smart posters like beta and lost your #$%$.
May be it is a high time to follow idiots like hlin.
If people are loading up short then shouldn't the short interest go up?
It is now 12 million down from 32 million.
SAL clearly said they are not actively looking to sell.