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

Re: ORCA post# 166359

Friday, 05/13/2011 11:57:05 PM

Friday, May 13, 2011 11:57:05 PM

Post# of 241032
winbad's Atlanta 504's can't EVER lose,,,

[IOO] they get a 50-75% DISCOUNT ,
AND , can easily short/hedge OFF-SHORE
[probably in the very-nearby Caribbean] ,
BEFORE THEIR LATEST 'LOANcheck' to ewreck EVEN CLEARS .

By the way , 504's ARE THE LOWEST + MOST DEATH-SPIRAL-TOXIC
form of 'borrowing' , AND ONLY USED BY THE SCAMMIEST PINKYS ;

BECAUSE ; THERE IS NO 'WAITING PERIOD' .
THE 504's CAN [AND DO] SELL SHORT ASAP ,
AND 'COVER' WITH THEIR NEWEST BATCH OF REVOLVING commons .

The 504's only 'problem' is , their 'price' is usually
30-50% BELOW 'the average for the last 5 trading days' ;

BUT , NOW , winbad is sinking SO FAST [-20% weekly] ,
that the 504's won't risk 'lending' to ewreck ,
unless their 'discount' is 75+% ;

SO , [IOO] , ewreck has had to 'switch' to
DIRECT DUMPING OF 'treasury' commons ;
[and probably loads of 'founder/insider' commons ,
before winbad is forced into BK , soon , IOO] .

FURTHERMORE ; THE 'inventory/receivables/factor'
is probably long-gone , because his 'collateral'
is the INVENTORY ; WHICH , NOW , IS ALL 'CLOSE-OUT' ,
BECAUSE IT ALL HAS THE WRONG PACKAGING/LABEL/NAME !

FINALLY ; For all old buyers of winbad's stained stuff ,
if they ever need-or-want a re-fill , there is a silver lining :

SINCE ALL EXISTING winbad 'INVENTORY' IS NOW+FOREVER
MIS-LABELED/PACKAGED , IT'S ALL GOING TO HAVE TO BE DUMPED ,
PROBABLY TO THE 99-cent STORES , FOR LESS THAN 50 cents ,
INCLUDING SHIPPING , to allow THEM to profit ,
AS THEY TRY TO DUMP IT , FOR 99 cents .

Averaging-Down is profitable for shorters only ,
[ And All pinky/penny CEO's + Brokers + M&M's ] .