I have only scanned the letter, but have not yet pulled it apart to separate the meat from the garnishments...I just logged into my scottrade account, and notice there is more selling that buying---down 5 cents as I write, and it has gone as far down as 8 cents to 2.91 (9cents if you count the 1 penny increase form AH last night).
With merely a cursory look, and noticing that the market in general is down today, let me say that all other BPL/PLC stocks on my 'list', are UP. So IMO, there is an 'on-purpose' selling of the shares of TKO......it is not following the market as a whole...
I have some opinions...but must take the time to research my theory...before I put it out there in public...but let me say this: I believe what is NOT stated in the letter, has more punch today, than what IS stated....there is something we have not yet uncovered.
I have read the Yahoo board for the past 3 days, in a serious way, and have posted, as well.....you guys might want to take a look at some of the posts over there...seems to be a bigger discussion there lately....