the investmnet thesis hasn't changed. more time, more value accrues. a billion in net book value, half a billion in nol's, rising revenue and lower cost of goods. that is all that matters.
assume board and senior creditors are tied to the hip, well in that case it is good for shareholders as managemnet owns a lot of shares. now assume they are not tied, then the noise is good too as it keeps everyone on alert and do the right thing.
don't listen to folks who post here that they are waiting for it to go to $0.15 and $0.12 and then say they added at $0.16 without ANY meaningful contribution to the investment thesis, ever. it is not a lottery ticket for me but lots of hard work. i have been studying his post and am stunned with so many followers being lead to gallows after a las vegas toast has been acheievd, example, for marijuana stocks. i trust few here, just my gut and i do opposite of some here. money isn't worth it if earned by decieving others, it will leave you in some other form. debating and discussion is healthy though.
i don't care about these daily fluctuations without real news. there are 2 scenarios: exide continues on its own or it gets acquired by someone who sees a synergy, can use their whopping half a billion nol's, have political influence on epa/aqmd/tort claimants who have nothing to prove so back off. there are laws against frivoulous lawsuits. did they find anything in blood tests? at least 20% folks should have tested positive? not even 1%, not even 0.5%, not even 0.005% of the people tested showed lead. give me a break. you know asbestos is still used and epa lost it's case. so inadverent few drops of lead on the road caused cancer on drivers? lol. how about all that trash i see dumped on freeway by construction vehicles that is dangerous to safe driving? i don't want to go on but the bottomline is that exide is fixing itself unless we want millions of lead batteries dumped on the roadside. my gut says after november 4th elections there will be a shift from these noises that are unfounded.