Replies to post #2832 on Exide Technologies fka EXTC

[MD-420]

I'm not sure how you would lose less of commons are cancelled. Maybe I read that wrong...lol. at least we know your motivation for bashing now. I think your logic is flawed. If it drops to .4 I wouldn't want to touch it because they are likely in serious dodo. GLTY.

[big-yank]

Ah, the bottom feeder mentality. Very common in these hereabout sectors. LOL.

I actually do get it. You buy drek so if it goes up a little, you make a little, and if it craters, you lose a little. That's the Sol Schenck strategy... Sol was the founder of Consolidated Intl., the predecessor to Big Lots ("Ya wanna sell me drek, ya gotta give me drek prices").

I just don't happen to think that Exide is drek. I think it is a company that has survived because of the greatness of many of its assets and customer relationships, its pedestrian but competitive product portfolio and its logistical prowess on both the supply side and the distribution side. It has problems. It has legacy liabilities. And it surely acquired an albatross, or two, like GNB. But its inherejnt enterprise has both a purpose, a future and a price for others to pay if it meets an untimely demise. I do not think this will happen.

Please move on.

Good luck to you.