The Glutton Hates to be Right on Calling this Downturn on 12-10-97 in post #1574:
<<<I was wrong in my post #1555. I said $9 to $9 1/8. I now see CY going to $8 and maybe to $7 3/4.>>>
But it was inevitable!! THE BROOM B***H [hint: rhymes with "witch"] strikes again!! But the Glutton, true to form and wanting to suffer even more, jumped in and BOUGHT 2000 shs at 7 3/8....the low spot for the day.
Hmmmm, wonder if TJ knew all the stuff that's contained in the press release was happening when he bought 100,000 shares a few weeks ago? And, uh, double Hmmmm: do you think the fact that he bought when he did will be used as a defense in any securities litigation subsequently filed! After all, no one in their right mind would buy if they had any suspicion that the things we learned today would cause the share price to decline, right? So, therefore, the price move was completely unforseeable and thus the info was non-material and thus no earlier press releases or announcements were indicated!! Is our guy TJ cool or what??!!
Raven, when is the next meeting of the Broom Club scheduled? Can't wait to attend....Signed, Glutton. |