InvestorsHub Logo
icon url

reaper247

07/01/15 8:51 PM

#2860 RE: FM II #2856

FMII,

I was pointing out that you made an incorrect statement. I ignored your question because it was based on the false premise that Breitling cant pay its bills.

Breitling clearly paid the bill and then realized they were overcharged and AmEx agreed and reversed some of those charges.

There is a clear bias out there with bloggers who use terms like "Beleaguered" and "hammered by losses."

While its true that Breitling suffered a loss in the third quarter, at the time of that filing they were still showing profitability for the nine months ended Sept. 2014.

I suspect that Breitling has had a rough fourth quarter as most oil and gas companies did, but I don't believe the negative tone is warranted.

GLTU, IMO and FWIW.