TRID down before earnings
Now below $13.
Interesting, especially after Sony announced record LCD TV sales
http://news.yahoo.com/s/ap/20071025/ap_on_bi_ge/earns_japan_sony;_ylt=Ai78D9f7H.FC5yZag4BPlx9u24cA
Well, TRID selling for $12.50 with $3.50 in cash, $9. That's $500M for a company doing $350M in sales and $75M in profit. Yeah, that makes no sense.
Something screwy is going on...I wish I knew what.
Interesting, especially after Sony announced record LCD TV sales
http://news.yahoo.com/s/ap/20071025/ap_on_bi_ge/earns_japan_sony;_ylt=Ai78D9f7H.FC5yZag4BPlx9u24cA
Well, TRID selling for $12.50 with $3.50 in cash, $9. That's $500M for a company doing $350M in sales and $75M in profit. Yeah, that makes no sense.
Something screwy is going on...I wish I knew what.
posted by Andrew at
8:28 AM
2 Comments:
I know its ambiguous, cutting my holdings in half at this point.
you will keep loosing money on TRID.
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