SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Keith J who wrote (27641)8/8/2007 4:53:19 AM
From: a128  Read Replies (1) | Respond to of 78820
 
After what happened with AHM and how conditions deteriorated in a period of DAYS for LUM, I have to think the likelyhood of bankruptcy is high.

Or, in the best case scenario, they have to issue dilutive shares or expensive and dilutive convertable debt in order to get through the crisis.

That being said, I continue to see insider buying in TMA as well as RAS. (I dont own either)

With what happend with AHM & CBF, Im a bit scared. Which may mean its a good time to buy some of these others that havent gone belly-up.



To: Keith J who wrote (27641)8/20/2007 10:20:35 AM
From: Keith J  Respond to of 78820
 
LUM: Sold shares today for small gain. While news today is helpful for liquidity, selling half the company for 18 cents/share certainly dilutes existing book value and shows how weak of a position they are/were in. Maybe they survive, but I don't think upside is that great from here at least anytime soon at this point.

LEND: Still too much of a crapshoot for me, have no position. Although a straddle option strategy could be lucrative depending on how it plays out.

KJ


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News