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Thursday, September 04, 2008 7:34:14 PM
Well , what can you expect after a fill-up, a tennis game involving a few to the head, and a few nBeer to dull the pain.
The comment about averaging down was not directed at you Raw...
aaaah good old Rob Thornton and Continental Home Healthcare. My very first disaster. You bring back such memories. I never saw such horrible ST unrepayable debt in my life when I looked at the last set of financials they published. That chart gives the terms "myopia", "narrowmindedness" (in terms of what else is out there) a whole new meaning. What was the reason for buying in the first place?.. Demographics! lol..
I finally called them to ask WTF. I got the CFO on the line. He asked how many shares I had, then said that their financial institution had gone bankrupt, ergo the problem. So it was not his financial management, it was their bank's fault... wonder why their bank would have gone under, making loans to businesses like that. hmmm..
Anyway, thanks for bringing back the memories.. I swear he used that m-word in the MD&A one time.. of course he is a hard man to reach now.. companies in bankruptcy do not publish financial statements! It costs too much!!.. LMAO..
OH and BTW, they FIRED THE CFO!!!!!
lolol.. hehehe..
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