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AverageTrader

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AverageTrader

Re: The Rainmaker post# 13286

Saturday, 11/17/2012 10:34:09 AM

Saturday, November 17, 2012 10:34:09 AM

Post# of 22017
Fiskar problems occurred after this info as well as 25M burn rate a month. They could not pay the 2.8M payment due to Wanxiang. They are in the red but have asset value to be deternined in the auction. I sold 80 percent of my position at a huge loss and hope for maybe a small offsetting gain in the future. I got in before the bankruptcy declaration.
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