Exide Technologies fka EXTC

[big-yank]

Who said I missed anything? The shareholder equity for Q3/FY12 was $266M. It is now sinking like a rock as losses mount, and the restructuring costs from the BK aren't the widowmaker of the income statement that some would purport, IMO.

The Judge will determine if commons are to survive or perish in cancellation. If the GM generated by the existing business plan continues to deliver losses as reported, today, a spike in Winter volume will only generate more losses, not the panacea I had hoped for.

Today's metrics reinforce, not refute the rationale for extreme dilution or cancellation of shares. And the environmental remediation costs if Vernon is to remain open aren't even in the mix, yet.

GLTA. Statements that I am somehow being vindictive are extremely unfair. I never rooted for this S/P to go down or for this company to suffer.

GLTA.