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Edgewater Technology Inc. Message Board

smnorthdude 4 posts  |  Last Activity: Mar 17, 2016 11:38 AM Member since: Jan 13, 2007
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  • smnorthdude by smnorthdude Mar 17, 2016 11:38 AM Flag

    This price collapse reminds me of when Wendell Maness traded his company for Staffmark stock (then ticker staf/now ticker edgw) and the price went to $3.00 or so. In other words he gave his company away for worthless stock (it had been $25). And Ciber wanted to pay him cash in a Denver dinner meeting! He turned that down!

    Sentiment: Strong Sell

  • smnorthdude by smnorthdude Mar 16, 2016 5:38 PM Flag

    Owned Staf (now edgw) from 1997 to 1998 and sold it at the peak for a great profit. Its not my family's inheritance and legacy. The cash will forever help us pay for educations, homes, cars, boats and planes! Thanks Clete! Laseriam Queen...

  • smnorthdude by smnorthdude Feb 16, 2016 1:44 PM Flag

    I shorted his stock, STAF all the way down in 1999. Started shorting at $17, and bought back at $4.00 - for an easy fortune! Staf is now EDGW as they purchased EDGW in 1999. It was such an easy trade, acquiring firms for stock (not cash) watered down the financials and the market was so cruel to any company with worsing financials. Hope others made a fortune like me. Still living off the dough!

    Sentiment: Strong Sell

  • Will this stock be at risk due to "defense to repayment"? Are all Government Direct Loans going to be let off the hook and then owed by Devry itself? Or just loans back to the origination date of 2008?

EDGW
8.41+0.11(+1.33%)May 5 4:00 PMEDT