Thanks.. I see in Business week they have a puff piece on MOT & Chris Galvin.
I know members of the extended family, as some live near me, and the stories
I could tell you about the mistakes that have been made there would amaze you.
Anyway, his dad resigned from the board a few months ago, the betting was
so he wouldn't have to be part of a board that at best significantly reduces his sons
responsibilities.
The message is, when you start seeing puff pieces, like when I talked about shorting
HDI on Jim's 13 thread many months ago, look for an exit, shares to borrow, or puts.
In the real world, MOT & SUNW both are $10 stocks......That may not happen,
but they are both good traders, short or long.
EMC really taking a gut punch today. Of course, looking where it was 10 years ago,
today isn't much... |
