InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.78
(
0.00%
)
Bitcoin
56,547.04
(
-0.19%
)
Post# of 36792
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

IL Padrino

Send PM Follow Ignore
Followers 57
Posts 6301
Boards Moderated 0
Alias Born 06/17/2004

IL Padrino

Re: PennyWorld post# 2106

Saturday, 02/05/2005 7:03:25 AM

Saturday, February 05, 2005 7:03:25 AM

Post# of 36792
Maybe he needed the money for a move that would propel the company into new highs and couldn't wait. Sometimes in the business world, you have to take risks to make gains.
For instance, I sold short on ADSX and CMGI to buy WLSF. It payed off royally and I doubled my money.
Maybe he needed the cash to buy another facility and couldn't have done it any other way. It would be better than taking out a loan and paying interest on it, IMO.
I'm just guessing here, no knowledge on anything, but it could have been the right thing to do at the time.

Please sponsor a needy child or make a donation at www.compassion.com

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
InvestorsHub NewsWire

Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM

Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM

EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM

BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM

NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM

Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM

Start posting your company's news
Only $200 per official company press release!