RE:RE:RE:RE:Accurate numbers and informations.NoName - Well said, that's exactly what I think too... Not worried at all and waiting for the market's to switch from this situation to a more longer Buffett like position.
Bonus Buffett quote that applies here: "The stock market is designed to transfer money from the active to the patient." or something like that. The company is well-managed, only the impatient investor stands to lose here.
GLTAL
NoNameAtAll wrote: The problem I see with looking at this as a "stock" and not a "company" is that you have now way of knowing when the switch is flipped from being the stock that the deep pockets are going to short vs the company that the deep pockets decide to take a long term position in.
To just day trade this with the belief that any raise will be pushed back down by the shorters, especially if the hypothesis is proven correct again and again, as it has recently, is quite risky as it creates a false sense of the risk involved. I think the more successful someone is on this strategy, the more likely it is that they will lose their shirt when the the deep pockets flip that switch.
As for me, I am still up about 78% and so sitting long and just waiting to see what happens when deep pockets decide to take a position is actually very entertaining. Because, let's face it, once BBD does pay off that debt, deep pockets that like steady cash streams will take an interest. The return to me is pretty substantial under that scenario. Seems to be a much wiser choice than trying to make a couple percent each day and thinking I am smart enough to notice the day when the deep pockets flip that switch. If I were a betting man, the only thing I would think of as a sure bet is that none of the day traders or shorters who post on this board are smart enough to figure that out. I just think of some of the efforts that people like Warren Buffet have taken in the past to get positions in companies before people find out about it. Debt will get paid and it will happen. Just think about how entertaining this will be then.