BSD... I respect your opinions!
Can you explain to me why TKO management isn't gaining institutional investors, and in fact according to some, are loosing existing institutional investors? I admit it seems they certainly can make deals, but do we know if any of them are profitable or are they give aways to get in the door? My personal experience says they probably have bitten off more than they can chew with GE.
You're obviously comfortable with your investment. And I'm NOT saying TKO isn't potentially a great long term investment opportunity. I am saying they're dead money for the time being. The long awaited GE announcement finally arrived with little to no lasting impact on share price because of perceived market dilution. So if I'm a long investor waiting for that big gap up move (and afraid to sell because I might miss it)... it just isn't likely to happen, and the downside risk over the next year is still significant. Maybe I'm wrong, in which case I'll jump back on the band wagon when I see the first certifiable improvement in GAAP earnings, but it won't be for at least one year IMO. Anyway that's my reading of the Tarot Cards, do you see a different outcome this year?
