Edward and those who read his posts,
I have no special knowledge of Hudson's business that others on this thread don't have, but I have been following this company for a couple of years, and it seems to me that your statements about Hudson's potential EPS for the next couple of quarters are 100% improbable and without basis. First of all, do the math. For them to make $4.00/shr, they need a 20 million dollar NET PROFIT which probably means at LEAST 100 million in REVS. I'm not saying that Hudson wont eventually be able to attain that level of business, but given that just one quarter ago they had a < 4 million REV quarter, your statements seem completely out of line. To others on this thread: I would not wager any of my hard earned dollars based on Edward's predictions. To Edward: what exactly do you mean by "word on the street?" Do you work on Wall Street? Who, very specifically, did you get these numbers from, and what were they based on?
Other thoughts I have about Hudson:
Did anyone else find it strange that they took so long to report their very disapointing december quarter? Why was the $.38 loss never really addressed? It seems obvious that management wanted to just shove this quarter under the rug and not draw any attention to it, but it DID happen, and nobody seemed to care much about it. I have also noticed, like others on this thread, that Hudson's stock price moves very drastically significantly BEFORE any major development in the company is made public information. How am I supposed to feel about a management that is quite possibly participating in these information leaks to the fortunate few. I am not currently long or short in Hudson stock, but I have followed the company because I think there is a reasonable chance that they do have a promising business model. I was long the stock for a few months, but found myself itching to get out because I felt at an extreme information disadvantage. Has anyone else out there had any of the same concerns? BTW, my interest in the company has been reawakened because the recent stock price drop may continue and present me with a tempting entry point.
Any comments appreciated...
Jeff |
