RE:RE:RE:Guidance is Still Valid-Needs to be RepeatedClassic Lumber. As a self proclaimed security lawyer he told us all that the company would not guide down before earnings or they would be in violation of the law. Well they did, and he's still blaming shorts. Lawsuits start this week and he is still defending management, although by his own words they are guilty of violations for not disclosing facts to investors who have suffered huge losses and hopefully they will have to pay huge sums of money for what they did. You have as much credibility as Cxr management Lumber. How many more times do you have to be burnt before you admit there is a fire? Management is probably the best reason to be short this name.
Lumberfeverlong wrote: Guidance is valid until it is withdrawn. If a company has information that leads it to belive that it will not meet guidance, it must disclose. No disclosure so far means guidance is still valid. If the company has information that would indicate that they are not going to meet guidance and do not disclose, that is a securities violation. And Yes arshole, I am a securities lawyer. You may not be batman, but you sure are very much like the Joker.