Monday, August 06, 2018 12:18:56 PM
Show me where I was calling for $8 - $12 per share!
Back when it was $1.80 earlier this year and I uncovered info in obscure court filings that indicated Symantec settlement was on the way, I went long. I clearly stated that it was only for a short-term trade based on the settlement and the company was a joke and had major problems.
I made over $1M on that trade alone. Failed investors believe that motives change facts. A savvy investor verifies facts as they stand on their own and failures ask the messenger if they are long or short to decide whether or not to believe them.
It is a FACT that the $39.5M Blue Coat judgment was almost completely thrown out with a small fraction surviving the appellate decision. This reversal caused the guided $500M worth of Symantec global settlement to lower to $65M collected. That doesn't look like a red flag to you? One day after guiding that all remaining cases in litigation were worth "double-figures" they announced a settlement with Carbon Black for $3.9M. That is a FACT and you don't question their history of false guidance? I have given you numerous other verifiable instances where they flat-out lied with their guidance.
Fool me once, shame on you. Fool me 327 times...
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