High Tolerance Plasticity Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : High Tolerance Plasticity

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: chowder who wrote (8571)	9/25/2001 6:03:53 AM
From: jim_p	Read Replies (1) of 23153

Brother Bum, "Anyone understand the logic in a two billion dollar margin call? If I had two billion dollars, I'd live off the interest I earned in Treasuries and say the hell with it. Two billion dollars isn't enough to live comfortably with? Now that's being greedy!" Sounds like they were as greedy as KWK's management was when their stock was $20, and they were out touting how under valued the stock was hoping to raise equity at an even higher price when it was the highest priced stock in the patch. Greed is a terrible thing. They bet the house and may have lost it all. You have to be an optimist to survive in this business, but the problem is may CEO's start to believe there own story. Be interesting to see the next 10Q. My guess is the cash will be gone, borrowing capacity will be near zero and accrued liabilities will be substantially higher. Looks like someone wants out of 280,169 shares: freeedgar.com Hang tough KWK shorts, this one may go all the way!! Jim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next