Paul Richards,
I assume that is not your real name, whereas I am not concerned
with hiding my identity.
I have never called you any names, ridiculed you, flamed you,
or even engaged in making claims about the stock with which
you could take issue. So why suddenly take such a tone with me?
I am not a mindless dick for buying TLC without reading the SEC
filings because I never bought any and never wanted any.
I bought BROD stock and ended up with TLC when BROD was merged
into it. The merger wasn't my idea and I didn't vote for it.
I may or may not be a dumb ass for buying BROD, but that is
something that you are not in a position to judge.
I suppose that I could have read the various quarterly and
annual reports for TLC immediately and bailed out in a panic
after the merger was announced, or after the merger itself.
However, BROD was already down significantly from where I got
in and I didn't see much downside risk in the short term. So
I decided not to act in a panic, but rather to watch TCL for
awhile to see how it performed. Indeed, it has been beneficial
for me to wait. I did not lose any money due to the merger.
Today's TLC price x 0.8 is higher than BROD before the merger.
Could BROD have recovered on its own? Useless speculation.
The exact same logic applies to the MAT merger. It wasn't my
idea, I don't like it, and I won't vote for it. But nobody
gave me private notification of an upcoming merger so that I
could decide whether or not to get out of TLC before it was
announced. Nor was there a chance for me to get out between
the merger announcement, the announcement of MAT not meeting
estimate and the drop of MAT's stock price which took down TLC
with it. So once again I am inclined to wait until the dust
settles and see what happens rather than just bailing out and
changing the loss from a paper one to a real one.
I don't have any ax to grind here. I have been following this
thread only since the merger, so I haven't read your posts
before that time, but from what I have read, I have never
seen you come out and admit to holding a short position in
TLC, as others claim. If you had a long position, I doubt that
you would be always talking trash about TLC. So one can assume
that you either have no position, or a short position. You
have mentioned in a previous post that you have been in and
out of short positions at opportune times, implying that you
have in the past but are not now holding a short position. If
you have no position, why do you even concern yourself with this
thread or what other people are doing with their money? I do
not ascribe your posts to a genuine and helpful concern for
other people, in an effort to save them from losing money.
It seems more likely that you are holding a short position and
are too embarrassed to admit it due to the drubbing you have
taken. And you are desperate and have nothing to lose by saying
anything at all which might scare one or two investors away from
the stock. The alternative would be just waiting and hoping, and
hey, ever little bit helps.
Well, feel free to post all the negative comments about TLC you
like, but I would thank you not to call me mindless dick in the
future. Perhaps it was a bit lazy of me to simply ask others on
the thread about details of your claim rather than checking it out
personally, but you make so many claims that it would be a full time
job to uncover the full story on all of them. There are other
people who chose to buy TLC and who have much bigger stakes in
it than me, and who have already done all that, and one of the
purposes of this thread is for me to communicate with them. If I
wanted to do all the research myself, I have much use out of this
thread would I?
If you really want TLC to go down, then the best thing you could
do would be to shut up. I'm not telling you that I want you to
shut up. Reading your posts and the responses to them is the one
thing which makes this thread so entertaining. My point is that
the negative comments that you make are so extreme that nobody
else wants to raise legitimate concerns about TLC for fear of
being in your company. So the only negative remarks made about
TLC on this thread are ones that are obviously so manipulative
that they are easily ignored. Could it be that you are really
long on TLC and this is a clever trick to distract from and
drown out any legitimate concerns? That would be too clever by
half, I think. |
