Message Font: Serif | Sans-Serif
UnThreaded | Threaded | Whole Thread (17) | Ignore Thread Prev | Next
Author: leaderoftheback Three stars, 500 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 151  
Subject: Re: Holy Smoke!!! Date: 10/25/2012 8:53 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
by the way, did the guru tell you to sell on June 4? Or was it still "a buy?"

Some minor editing of your explanation puts you in a very deep hole (had you not taken the loss and re-bought). It begs the question: how good is this guru's advice? If I take guru's advice now, I could win big. If I took it at $14, I lost my hinder for good.

Depending on how you figger, he's half right maybe. That would not make me feel better if I'd ridden it from $14 to 3...especially since Cerberus might ride in and pay $3-4.50 for it; a handsome profit for you, but it's no guarantee.

Not many will take on 6B debt when there is little cash and little cash flow. It's not like they can saddle SVU with debt and take special room in that debt saddle already...little leverage in a leveraged buyout.

and for clarity- your current position has an unrealized gain of 9G?

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (17) | Ignore Thread Prev | Next


Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Economic Implications of Cuba
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.