RE:RE:Clear the deck on Monday , clarity and stock surges And that is a bearish, yet accurage statement. Others have repeated this but the only reason you should go long is when insiders do. Right now, they have gone sell/short. I see a few contrarian traders are going long. That must be purely on technicals since fundaments are risky until claritifed.
Unfortunately, the disclosure rules favoring short selling are such that short is the play. Most investors probably don't know this?
For me, I'm more interested in the next Concordia #2 and #3? Overvalued, jacked up stocks on octane with a burned out business model that's about to blow up? Anyone have good candidates from today? I want to move my entire portfolio from mostly long to mostly short.
ConfidentDD wrote: If the street had any confidence in the scenario you describe, or in Oberman , this stock would not be lower than it started this week. Oberman will deliver the worst possible news on Monday, and trigger events toward this company going into bankruptcy protection. If you understand corp bond markets - have a look at the message it sent all this week. I feel sorry for anyone who bought today thinking that this Q has some turnaround moment to it. It. Does. Not.
juniorbullalive wrote: I suspect Monday , they'll take needed write downs ,blame it on a very deserving and blameable MT while getting straight forward and well received guidance from Allan Oberman for the plan going forward - up sharply Monday ,with a $7 to $8 Friday close is my call . Speaking of calls -the conference call is at 8:30 Monday -everyone shud join in -especially the slimeball ,waste of skin ,waste of oxygen shorters - who contribute nothing , in fact a negative , to society - would love to hear them one on one with Oberman