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Herbalife Ltd. Message Board

iamnathan 5 posts  |  Last Activity: 23 hours ago Member since: Dec 16, 1999
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  • MTLQU is slowly sinking too.
    I almost sold at $26, now it's almost down to $25.
    I have no idea what if anything is going on in the courts about wrapping up this cluster puck !

  • Reply to

    Looking to load up

    by albacornus Jul 1, 2014 12:07 PM
    iamnathan iamnathan Jul 7, 2014 8:13 AM Flag

    Wait for it to drop to $8 again.
    Chairman and CEO Herbjorn Hansson has been issuing more shares for years to pay the dividend and buy more ships that usually operate at a loss.

    In a statement to the SH's this morning he said, "We are now entering a period in the tanker business during which we can expect that the supply of ships will shrink; i.e. an improved balance between supply and demand may be established. It is many years ago since we had such a position," Hansson said. "The recent volatility in the spot market is also indicating a tighter balance between supply and demand."

    I've heard him say that on Mad Money for the past 3 years, and read it in other letters from him and in interviews.

    We'll see if it ever gets back up to $22.85, which is the average price per share of my remaining shares.

    I'm not holding my breath !

    GLTA !

  • Reply to

    The Mouse that Roared

    by westorange1945 Jul 3, 2014 1:57 AM
    iamnathan iamnathan Jul 3, 2014 4:56 AM Flag

    The latest from Reuter's -

    BERLIN, July 3 (Reuters) - German automaker Volkswagen on Thursday denied rumours that it was planning to bid for U.S. truck maker Paccar(PCAR) next year.

    A note by Singapore-based Bernstein Research analyst Max Warburton published earlier on Thursday quoted Daimler Trucks Chief Wolfgang Bernhard as saying that VW was preparing such a takeover bid for 2015, citing "serious, multiple sources".

    A spokesman at VW's Wolfsburg-based headquarters "clearly" denied the rumours.

  • They were probably options, but the SP was the about same on the open market.
    Are they coming out with a great report on July 31?

    Sentiment: Buy

  • iamnathan iamnathan Apr 20, 2014 8:01 PM Flag

    I'll sell when I'm sure that the losses won't hurt my income on my tax returns, in case I want to apply for a loan.

    No matter what the price of MTLQU and the "B" warrants are, I'll have a huge loss because I had sold all of my GM common and "A" shares in 2012, and showed a zero cost base so that the proceeds from those sales were completely taxable profits for 2012.

    I needed that extra income on my tax return that year just in case I applied for a loan in 2013.

64.99-0.73(-1.11%)Jul 10 4:01 PMEDT

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