OTCPK:TLSMF - Post by User
Comment by
oilandgasmickon Oct 25, 2014 11:39am
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Post# 23060823
RE:RE:RE:Anybody has any ideas why natural gas down so big despite
RE:RE:RE:Anybody has any ideas why natural gas down so big despiteWell, it's clear that change must happen and if your name is Carl Icahn, with 67 million shares and an average "in" cost of 13 bucks then you are down almost $400 million which even for Icahn is a ton of money. The guy didn't become a billionaire by losing that kind of money and taking it lightly. Meantime, a friend of mine and fellow investor tried calling the company on Friday and was told that there was no one in investor relations to take his call but that someone would "get back" to him sometime this week. I have said before that in my view the company does not see any sense of urgency about the company whatsoever. Of course, cue the people and apologists who say that he and the staff are doing everything they can but IMHO such is not the case. Perhaps I am wrong. My guess is that an earnings miss on Nov. 4th will prompt Icahn to do something unless he just wants to sell and take some huge tax losses. What a mess.