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Biotech / Medical : The Stock for 1999(Polymedica)PLMD(Medical Supply Co.) -- Ignore unavailable to you. Want to Upgrade?


To: Pluvia who wrote (3368)8/24/2001 8:43:41 PM
From: RGM  Respond to of 3414
 
This situation appears to be similar to what happened to Columbia Hospitals (now HCA, formerly COL) a couple of years ago.

Tell me how you know what you posted in your message #3368 to be true (facts only please). I know you are short a whole bunch of PLMD shares. Congratulations on calling this stock a short at higher prices.

This stock shall drop further if and when the govt. issues indictments against this company. I wonder how long it shall take for them to analyze all of those seized documents, computers, etc., conduct interviews of company personnel resulting in evidence and identification of the personnel who committed these alleged crimes.

Do you recall how long the turnaround time was for the govt. to issue indictments after they seizing similar stuff from the raided Columbia Hospitals in Florida?

Worst Case - My guess is that PLMD shall end up the same way that HCA did with $ penalties and with the identified managers served with criminal indictments. It took about year for Columbia to move up from the low 20's. Why would the worst case scenario be different for PLMD versus the similar situation for Columbia Hospitals?

I don't care about you posting messages here and on Yahoo warning the readers to sell this stock, however, you place yourself in the same lowlife class as the novice investor or trader who also shorted this stock (otherwise known as a "jerk") and then post messages on the boards trying to scare longs in selling their shares WHEN YOU DO NOT PROVIDE THE FACTS TO BACK UP YOUR STATEMENTS, such as in your message #3368.

I do not currently own any long or short shares of PLMD, but I intend to buy long shares in the single digit range via puts that I sold if and when indictments are served.

Have a nice day,

Rob