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PPPPDPPW: Put Purchasing on the PPD Ponzi, Pyramid, or Whatever It's Called...
Somebody seems to have taken notice of the discussion on Prepaid Legal.
See the discussion here: The
Latest
on PrePaid Legal Services - The Story of a Publicly Traded Ponzi
Scheme?
Those Puts' Impl. Vol. are ripping!
And for good reason. The stock and interest in it is on the down move...
Maybe some of those insiders know something that we don't. This is what
happened after the SEC inquiry was announced.
happened after the SEC inquiry was announced.
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Reggie, so whats the fair value for this stock in your opinion? Thx!
PPPPDPPW: Put Purchasing on the PPD Ponzi, Pyramid, or Whatever It's Called...
Got to laugh at that headline after yesterdays debate.
That piece of shit company has taken a very very long time to come apart. Good work Reggie.
Well, we don't know if it is coming apart yet. To be honest, I think it is the regulators who should be going after the company and not the market. Alas, if the regulators won't do their job, somebody has to.
Congrats on calling it. Great work as always!
Thanks. Now we have a global bubble that needs to deflate, and then we can go back to investing by measuring assets and liabilities, and profits and losses versus what entity we think is goosing the market with overnight futures binging, threatening accountants to look the other way on stank assets and outlawing short sales, CDS and whatever else the flavor of the day is.