Ann: Change in substantial holding, page-12

Hahah that is the most amateur thing ive ever read. If you buy in at $5.5 and obtain a 5% yield. If the share price goes down to $5 - thats no longer a 5% yield on initial investment... its a floating dividend based on shareprice at a particular point in time.

So you would not only lose on a capital front but also from a yield perspective.

The shareprice is tanking because the future prospects of the company and net income are weak - it is purely company based... not shorters based.

Although thank you CWP for making me alot of money shorting this stock. I personally believe there is more for this stock to run down before hitting a bottom.

If I was a shareholder - now is the time to start asking questions, especially now the company and economy is going to be hitting hard times... no longer can they repeat the same story to shareholders or cruise by based on the property market improving/revenues increasing... they actually have to perform and earn their stripes and high/excessive salaries and bonuses.

Time will tell... however I think the writing is on the wall.

p.s. if you researched the company and shorted when I mentioned months ago - you would be ahead... not behind like most recent sharehodlers are.

AIMO
Newbie