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Saga Communications Inc. Message Board

froddoislost 4 posts  |  Last Activity: Sep 22, 2014 11:42 AM Member since: Nov 4, 2004
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  • froddoislost froddoislost Sep 22, 2014 11:42 AM Flag

    Sure, I can clearly see why these guys dumped Titan at $24 when they were profitable and growing and are now buying back in at $13 when they're losing money, market share and dealership locations. The only things growing today are their debt, interest payments and inventory.

    Tell me how this ends well for Titan.

    In the mean time an insider needs to create the appearance of opportunity and for the low low price of a million bucks he can make that claim.

    I'm am sure being the largest retail marketing operation for CNH is a great prospect. No problems here.

    Buy shares in John Deere, forget about them forever.

  • Reply to

    IS THE END IN SIGHT FOR TITAN ?

    by moosie4242 Aug 28, 2014 10:08 AM
    froddoislost froddoislost Sep 3, 2014 4:54 PM Flag

    Well, no, actually.

    I believe Wolterman speaks for itself and you can easily research the rest for yourself. As to the WPEC comment, its a stock symbol.

    The stock symbol of another Case dealer. It's still listed, last time I checked.

    Anyway, CNH has gotten Titan into this mess by forcing them to buy dealers who were otherwise in poor shape. That isn't any big secret.

    "Here, biggest dealer that we have; borrow money to buy this other dealer that we have that isn't doing too good right now, or we'll make your lives miserable." Insert other statements in place of 'make your lives miserable' and you'll start to get the point.

    I cannot divulge specific details but this is something I have personally witnessed this organization (CNH) do to another dealer in a similar circumstance. These 'or else opportunities' could be construed as 'tortuous interference' in a court of law.

    The fact that the principals of this company chose to knuckle under rather than stand up for the shareholders as they are employed to should tell you everything you need to know about their culpability.

    Like I said; look up Wolterman then look up WPEC. Then you may realize TITN is WPEC in waiting.

    Either way; can't short it, too closely held. Can't invest in it, its a train wreck looking for a place to happen.

    Just stand back and watch the show.

  • Reply to

    IS THE END IN SIGHT FOR TITAN ?

    by moosie4242 Aug 28, 2014 10:08 AM
    froddoislost froddoislost Aug 28, 2014 5:33 PM Flag

    Watching the slow motion train wreck that was WPEC will be like watching an indy car crash compared to this disaster.

    I would imagine Titan's shareholders will have a pretty valid cause against CNH which may make it difficult for Case to pick up the pieces and save market share.

    Using Titan as they did to clean up the Wolterman problem as well as other less well publicized situations should prove beyond any doubt that there was undue influence brought to bear.

    Nevermind the culpability of the guys in Fargo.

    No, the end is not in sight. For the share price maybe, but not for the show.

  • Reply to

    POTENTIAL BANKRUPTCY

    by bobacequ Aug 20, 2014 6:54 PM
    froddoislost froddoislost Aug 22, 2014 10:59 AM Flag

    Yup. Been sayin' it for years.

    Don't short it though; this thing might as well be a wholly owned subsidiary of CNH.

    Not that CNH actually owns shares, but they have control. Trust me on that.

    Anyway; not a proper candidate for a short attack. Too closely held and too well controlled.

    THAT ought to be the red flag for investors.

SGA
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