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The Buckle, Inc. Message Board

hyulpy 9 posts  |  Last Activity: Jul 26, 2014 3:40 PM Member since: Jan 23, 2004
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  • Kabani & Co has audited the company's financial statements for the past several years. There have always been unqualified opinions. It seems kind of fishy to me that LLEN would have trouble collecting receivables just because their former CEO is now in a prison cell. Maybe there's more to it than that.

    Does anyone think that maybe there might have been some errors in the financial statements that Kabani & Co didn't find in their audits? I hope that's not the case because they are CPAs and they should have been able to tie out all the bank balances, verify receivables, existence of mines, etc. If Kabani overlooked something that was wrong, they might be sued by angry investors who lost money. If LLEN doesn't really have any money, Kabani might have some.

    Not a sermon, just a thought.

    By the way, my sentiment is now "Sell". I sold this stock at .55 (huge loss) shortly after trading resumed. Lesson learned.

    Sentiment: Sell

  • Reply to


    by hyulpy Jun 24, 2014 8:59 AM
    hyulpy hyulpy Jun 24, 2014 5:29 PM Flag

    Thank you so much for your thoughtful reply. I will be looking for a filing by the end of next month. It will be interesting to see if LLEN gets an unqualified opinion this year after all the negative publicity with Mr. Lee. I hope the board of directors hires a new CEO soon.

  • hyulpy by hyulpy Jun 24, 2014 8:59 AM Flag

    Does anyone know if/when the new LLEN management team will be releasing earnings? If earnings are really good, maybe the stock will go up. I'm worried that maybe with Lee away, it might be delaying the report. I know they have a CFO, but Lee was a CPA and might have usually signed off first. The website for LLEN doesn't indicate a release date yet.

  • Reply to

    No one wants to own VLO

    by idpatton01 May 14, 2014 4:23 PM
    hyulpy hyulpy May 15, 2014 7:28 AM Flag

    You, sir, are an idiot.

  • Reply to

    Going Private Offer coming!

    by margaritaman50 Apr 29, 2014 5:43 AM
    hyulpy hyulpy Apr 29, 2014 7:41 AM Flag

    Oh yes, you're right. Details are a little fuzzy now, but wasn't PUDA bought out for $12/share a long time ago in similar circumstances? ...oh. wait.. was that ever finalized?

  • Reply to

    Anyone want to buy my LLEN stock?

    by hyulpy Apr 8, 2014 7:14 AM
    hyulpy hyulpy Apr 8, 2014 5:10 PM Flag

    No, I own 4000 shares in my brokerage account. Average cost was about 5.00/share or so. So I have a fairly large loss. At this point, I'd like to wash my hands of this bad investment, but I'm long by choice. ie, can't sell it unless someone wants to somehow buy them in a private transaction.

  • I have some LLEN stock that I'd like to unload. Its worth a great deal to me as a tax loss at this point. So if any other longs would like to buy my 4000 shares in a private transaction, please send me a message. Does $1.00/share sound fair? Technically, I'm long, which makes me a rarity on this board now, since everyone else flew the coop.

    Sentiment: Hold

  • Reply to


    by ten.mill Feb 27, 2014 11:54 AM
    hyulpy hyulpy Feb 27, 2014 2:30 PM Flag

    Lucky you! You got your chance. $5.99 now.

  • Reply to

    ER,bottom line..

    by nuevom11 Feb 20, 2014 5:17 PM
    hyulpy hyulpy Feb 21, 2014 6:48 AM Flag

    Hooray for some good results! 1 penny beat! SEM is undervalued at the current levels, and its a BUY! Its also a good place to go for Rehab, which is a growing business as the population ages.

    Oh, Hi Nuevom11.

44.02+0.68(+1.57%)Jul 30 4:03 PMEDT

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