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Corning Inc. Message Board

vuso2000 2 posts  |  Last Activity: Dec 10, 2014 5:53 PM Member since: May 13, 1999
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  • Reply to

    it's painful

    by aleajactawest Dec 10, 2014 2:00 PM
    vuso2000 vuso2000 Dec 10, 2014 5:53 PM Flag

    stock has lost $30.00 or 75% of its value in mere months... another 40-50% down from here is just another 5 bucks.....could happen in a week or two.

  • Reply to

    it's painful

    by aleajactawest Dec 10, 2014 2:00 PM
    vuso2000 vuso2000 Dec 10, 2014 2:29 PM Flag

    Agreed, single digits seems inevitable, $6-8 possible, priced for BK.. even though thats not going to happen. But the market always has a way of beating losers to death. I rode some tech and financial stocks down in 2008-2009 and they came back to all time highs. Don't feel the same here, as management really blew it with no warning on divi, and actually stated it was safe through 2015. Im not a lawyer, filing false qtrly reports can be the ENRON story, but just verbally lying to investors might not be quite as "criminal" I took my losses here , and will be buyer again, at 6-8 a share...

GLW
24.03-0.59(-2.40%)4:00 PMEST

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