Post by
MyHoneyPot on May 27, 2023 1:40pm
Derivative Fair Value
ARX understated the liability of the fair value risk management losses.
The cash impact of the dismal hedges was not recognized and understated.
Management hides the video of Terry and Bibby endorsing their hedging strategy
ARX management has recklessly squandered capital on share buyback while the balance sheet was a mile offside.
The realized cash losses associated with this dismal brain dead hedging strategy, have destroyed every meaningful metric on ARX's balance sheet.
When will ARX put an end to the dismal hedging losses?
Will management ever fix the balance sheet so it is truely prestine?
Will Bibby every repost the pathetic video of him and Terry talking about their brillant hedging strategy?
Management works in a self serving manner and has failed the shareholders of the company.
IMHO
Comment by
Trapped on May 28, 2023 8:32am
Lol I think Prestine is a brand of antifreeze. No wait, that's Prestone! Why are we paying any attention to the opinions of someone who's functionally illiterate anyway? Cheers and GLTA ARX Bulls.
Comment by
Quintessential1 on May 28, 2023 9:38am
LOL! Because when he dumps we pump rah rah boom chic boom! 2.5 x increase in share price since the merge 2.83 x increase in dividend payouts since the merge These are facts you can look up and see not the rantings of a swingtrader on a low. EASY HOLD! GLTA ARX BULLS