InvestorsHub Logo
Followers 20
Posts 1007
Boards Moderated 0
Alias Born 09/18/2006

Re: peewee post# 127631

Monday, 01/28/2008 6:19:18 PM

Monday, January 28, 2008 6:19:18 PM

Post# of 245700
And imagine, SWVC is not an empty shell now ...

And, that's excellent news, for us shorters.

Because, now, SWVC is loaded up, and still overloading with :

Huge debt, mostly as toxic CDs,
Some converting + diluting now, just after SWVC bought in,
And, the CEO [the only1 who knows] won't say when it ends.
A money-losing mini-chain of shops in a depressed mini-region.
Planned acquisitions of more always-money-losing 'companies',
One of which with a probable huge hazardous-waste expense,
Even if it never 'resumes operations' , if it ever operated,
And, probably with more 'hidden' toxies, like the last one.
Need for much more toxic debt, quick, as cash drains, fast.
And each additional dose of toxin will be more toxic,
Just like sub-prime 3rd mortgages on trailers of unemployeds.
And, only1 guy owns All Massively Dilutive "Preferreds" ,
Which can dilute the float by 5x, no matter how big it gets.
And, it only takes 1 vote, overnight, by the only1 voter.
And, no outside shareholder ever votes, on anything, ever.
And, the U.S. may be going into a retail + bank recession.

It is hard to imagine a more perfect storm for shorters.
And, we all agree that ":) history repeats itself :)" ,
And, SWVC will lose money faster than any "empty shell now" ,
And, just a little "Patience pays" for obvious short plays.

Go SWVC. Even overnight.
SWVC is so toxic, it even glows.

And, the CEO plans more, ASAP + AMAP, forever, or ALAP,
or until even the subbest-prime new toxic loans dry up.

P.S. Don't forget to check on, who gets the cleaned up cash
on each acquisition, that recycles SWVC new toxic loans.
And, don't be surprised if the toxic loans + acquisition
plans end, right after the last, always-money-losing, private,
friendly, company cashes out, and joins the SWVC public
family, for all cash, donated by the public outsiders.

Averaging-down is profitable, for shorters, only.