This is the greatest STOCK SCAM of the century. Tilson SHORTS the stock knowing it's going down and then buys options and/or stock knowing the stock will rebound! There is NO way Tilson is going to allow his million dollar plus investment to fade due to his vanity. He may be right (or wrong) on the stock but he is greedy enough not to be stupid. To that end, SHOW TRANSPARENCY SO WE CAN ALL SEE YOUR REAL POSITIONS! Anyone else agree?
He had a little over 44,000 shares. If this holding now represents 3.8% of his portfolio and he's managing a little over 90 million, that would mean he would have to double his position.
You are assuming information on 60 minutes is 100% accurate. If you recall, 60 minutes FIRED producers and walked away from Benghazi story which was also 100% accurate! News reporters want NEWS. Think about it. Why encourage the words of a short seller who has an ulterior motive if the facts, ON THEIR FACE, were solid.
Strasser estimated laminates are about 20% of the company's total business, with Chinese-made laminate half of that, or about $105 million.
Does anyone on the board have any history with other companies undergoing DSMB review? Just curious as to whether they generally get it done within 8 weeks (as originally suggested) or are early/late.
Check out officers' holdings - other than CEO, VERY light.