Comments on: WCI Up Sharply! http://livingoffdividends.com/2006/11/15/wci-up-sharply/ Join me on my journey to achieve financial independence through dividends, passive income and investments Tue, 13 Dec 2011 07:31:37 -0800 http://wordpress.org/?v=2.8.1 hourly 1 By: mOOm http://livingoffdividends.com/2006/11/15/wci-up-sharply/comment-page-1/#comment-427 mOOm Fri, 17 Nov 2006 01:49:00 +0000 http://www.livingoffdividends.com/2006/11/15/wci-up-sharply/#comment-427 Momentum is beginning to slow:<br /><br />http://stockcharts.com/h-sc/ui?s=WCI&p=D&b=3&g=0&id=p03325854981<br /><br />If the market goes down Friday it might too... Momentum is beginning to slow:

http://stockcharts.com/h-sc/ui?s=WCI&p=D&b=3&g=0&id=p03325854981

If the market goes down Friday it might too…

]]> By: RWR http://livingoffdividends.com/2006/11/15/wci-up-sharply/comment-page-1/#comment-426 RWR Thu, 16 Nov 2006 20:24:00 +0000 http://www.livingoffdividends.com/2006/11/15/wci-up-sharply/#comment-426 It wasn't only the Gates Foundation that was buying. Carl Icahn reported that he now owns 4% of WCI stock. It was reported that he was buying because the underlying assets are worth far more than the stock value. WCI is highly leveraged and in the downturn they have layed off at least 15% of their staff.They are also selling off some assets and walking away from land deals. It was also reported that the high rise division which records sales on a percent completeion basis could drag them in to bankruptcy. Another large stock holder (Bass) is demanding a seat on the board. It wasn’t only the Gates Foundation that was buying. Carl Icahn reported that he now owns 4% of WCI stock. It was reported that he was buying because the underlying assets are worth far more than the stock value. WCI is highly leveraged and in the downturn they have layed off at least 15% of their staff.They are also selling off some assets and walking away from land deals. It was also reported that the high rise division which records sales on a percent completeion basis could drag them in to bankruptcy. Another large stock holder (Bass) is demanding a seat on the board.

]]> By: Empty Spaces Inc. http://livingoffdividends.com/2006/11/15/wci-up-sharply/comment-page-1/#comment-425 Empty Spaces Inc. Thu, 16 Nov 2006 06:02:00 +0000 http://www.livingoffdividends.com/2006/11/15/wci-up-sharply/#comment-425 If it doesn't break the previous high it madea few months ago, I think I'll be safe. still I'll probably close out the Jan and March positions. If it doesn’t break the previous high it madea few months ago, I think I’ll be safe. still I’ll probably close out the Jan and March positions.

]]> By: mOOm http://livingoffdividends.com/2006/11/15/wci-up-sharply/comment-page-1/#comment-424 mOOm Thu, 16 Nov 2006 04:04:00 +0000 http://www.livingoffdividends.com/2006/11/15/wci-up-sharply/#comment-424 My guess is that it can go up some more. LIkely that the biggest part of the move is done though. My guess is that it can go up some more. LIkely that the biggest part of the move is done though.

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