quote:Originally posted by Repoman75: I didn't say the debt was going to hurt you today. Show me that post. Don't fabricate remarks I did not make.
I said that the debt is not a "gain" for the company. People were acting like they received 6 bil. in profit. That is WRONG.
I have no idea what will happen. I'm just waiting for this almighty short squeeze to happen, and then for it to be "reset" to $54, or whatever ludicrous figure has been thrown around here.
Ok, I will admit looking through your posts you never did say the pps was going to go down based on the bond news. But you can't say that you didn't spend a good deal of time last night "playing down" the bond news.
You even went so far as to say it was practically a junk bond, based on it's less than positive rating. I know as a long time investor that you are not supposed to take advice from these stock boards, but for someone to tell the entire board that they should go take series 7 classes, and then spend half the night talking down a positive 8K filing claiming zero impact to the bottom line. You weren't exactly predicting todays pps increase.
Originally Posted by tutankhamen For everyones information who wondered, the bond is backed by JP Morgan and Credit Suisse BBB rated *11% ,maturity 3/5/08.
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He did say yesterday that he had 1K to jump in... but he is using that borker/broker that lets investors make their own decisions... You know the one that allows freedom to not do what you want... Yeah...that one... sorry 'bout your luck Repo... Maybe time to get an additional broker... Choicetrade works well with these things...
quote:Originally posted by Repoman75: I didn't say the debt was going to hurt you today. Show me that post. Don't fabricate remarks I did not make.
I said that the debt is not a "gain" for the company. People were acting like they received 6 bil. in profit. That is WRONG.
I have no idea what will happen. I'm just waiting for this almighty short squeeze to happen, and then for it to be "reset" to $54, or whatever ludicrous figure has been thrown around here.
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
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Since we don't have anything critical to DD, I'm curious...assuming this does come to pass and we all make even a reasonable amount of money from this play, what single charitable thing are you going to do, per Rufus' wishes? And if you aren't, that is OK too...I was just curious to know what everyone else had in mind.
-------------------- Study before you buy, Sell before you think about it....
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i only wish i had more shares now, but i used up pretty much everything when bought back at .84... i played it safe and withdrew pretty much all my profits and only reinvested the initial capital.. but only b/c i needed the money .. but if/when this goes to $15.. hopefully by friday.. i could become pretty satisfied, not rich.. but still happy
quote:Originally posted by SherriT: Since we don't have anything critical to DD, I'm curious...assuming this does come to pass and we all make even a reasonable amount of money from this play, what single charitable thing are you going to do, per Rufus' wishes? And if you aren't, that is OK too...I was just curious to know what everyone else had in mind.
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SherriT, I will be making a contribution to a NotForProfit leadership program for youth in my local community. I having been giving my time as a board member, but it will be a good time to contribute financially as well.
-------------------- "No nation was ever ruined by trade." Benjamin Franklin
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Well, I have a very sick brother, only sibling so I'd help there. And I would have to do something for my Mom who has always been there, whether I was right or wrong...
quote:Originally posted by SherriT: Since we don't have anything critical to DD, I'm curious...assuming this does come to pass and we all make even a reasonable amount of money from this play, what single charitable thing are you going to do, per Rufus' wishes? And if you aren't, that is OK too...I was just curious to know what everyone else had in mind.
"reasonable amount of money"
Try a sh#t Load of Money
Well, some people have more invested than others, and each person's definition of shi#tload varies....but yes, I think most people even with a modest investment will make a sh#tload compared to what they started with...
-------------------- Study before you buy, Sell before you think about it....
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quote:Originally posted by lostone: i only wish i had more shares now, but i used up pretty much everything when bought back at .84... i played it safe and withdrew pretty much all my profits and only reinvested the initial capital.. but only b/c i needed the money .. but if/when this goes to $15.. hopefully by friday.. i could become pretty satisfied, not rich.. but still happy
At that point take out a bit and let the rest ride till $70 that's my plan. I already did the math. 80/20 80% Long/20% pays off everything...
wife's credit cards... paid. car bought 2 years ago... paid. house bought a year ago... paid. car bought this spring... paid. wife's college for final 2yrs... paid.
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quote:Originally posted by lostone: i would pay off my student loans.. and i may not have enough from this gain.. but i'll try.. 90k of student loans is no joke..
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I, too, would try to do something for my parents. They never missed a ballgame I cheered, or PTA meeting...the works. They have little left to go and their house would be paid off, and Mom would finally retire, so likely that first.
Then, my charitable passion is the animals. We have a horrible population problem down here, and so many animals are flat abused. Like Bucky, I give as much time as I can as a volunteer, but money is often what they need most.
Oh yeah, and no more bills except the utilities each month...
-------------------- Study before you buy, Sell before you think about it....
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quote:Originally posted by Repoman75: I have no idea what will happen.
We know that, all the other boards that you have been banned from know that, even you know that. So be a nice boy and pipe down while the rest of us adults take care of business.
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quote:Originally posted by lostone: i only wish i had more shares now, but i used up pretty much everything when bought back at .84... i played it safe and withdrew pretty much all my profits and only reinvested the initial capital.. but only b/c i needed the money .. but if/when this goes to $15.. hopefully by friday.. i could become pretty satisfied, not rich.. but still happy
At that point take out a bit and let the rest ride till $70 that's my plan. I already did the math. 80/20 80% Long/20% pays off everything...
wife's credit cards... paid. car bought 2 years ago... paid. house bought a year ago... paid. car bought this spring... paid. wife's college for final 2yrs... paid.
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Good day people only going to get better now as the short's have to cover, tommorw we should see the 2.70-3.00 range and then friday the sky is the limit
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I guess I should have put a disclaimeron that last post...
I don't really plan on paying off the house, just having enough in savings to do it if I wanted to. Really just going to pay down past the stupid mortgage insurance, and probably add on a sunroom, third car garage, and another full bath. It is about as good of an investment as CSHD!
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quote:Originally posted by SherriT: Since we don't have anything critical to DD, I'm curious...assuming this does come to pass and we all make even a reasonable amount of money from this play, what single charitable thing are you going to do, per Rufus' wishes? And if you aren't, that is OK too...I was just curious to know what everyone else had in mind.
I give and will continue to no matter this outcome, if it plays out the check will be bigger next quarter.
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