Thursday, October 25, 2007

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.

2 comments:

  1. Anonymous9:08 AM

    I know its ambiguous, cutting my holdings in half at this point.

    ReplyDelete
  2. Anonymous9:23 AM

    you will keep loosing money on TRID.

    ReplyDelete