Have to agree with jc. Next week should tell the story. Everyone will be back from the Hamptons.
True jc, however, most days are like watching a squirrel die on the side of a road.
Danger! Danger! Danger! Will Robinson. Qlogic alien just entered the atmosphere and will likely preannounce an earnings miss. Professor Robinson activate the force field. Someone find Dr. Smith before its to late.
LSI did a 2% dividend and were acquired 6 months later at a 40 % premium!!!!! My question is: According to Value Line in 2011 they had 538 million in cash; 2012 455 million and 2013 they were down to 278 million. Granted their share count went down from 97million to 85 million but where did the rest of the cash get burned up??? Hunting and fishing lodges??
jc my fellow crew member. Why does yahoo have its pe at 0 ???? Do you really think that Qlogic is going to stop the "game" of 1 time charges??? Grab a life vest my friend. I'll see if I can pick you up with my rescue boat. I've got it on full throttle.
Guys this ship is going down. I've warned about this for weeks. Buy a little at $8.40 but keep your powder dry until it goes in the 7 range. Management hasn't bought 1 share in over a year. When you think about it were not that far from my entry point. Good luck men.
jc Qlgc never earns that much. They give earnings based on subtracting out charges. Take a look on Yahoo right now. There real PE is 0. Why do you like them??
It seems Captain Kaiser and his motley crew can't bail water fast enough. SEC regulation T and margin calls seem endless. Time to check Hedge Eye's other short positions for a pop. ATLS anyone????