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Posted On: 03/07/2019 11:20:50 AM
Post# of 11802
Re: Wheelhorse #6635
who’s responsible for the difference JNJ our Platinum
They both are IMO because any settlement lowers the value of the Lifescan property. Now IMO penny stock traders would not really understand this, because the statement I am about to make has nothing to do with DECN stock price, but if I were Platinum I would, at this point, feel duped by J&J and will very shortly have to take a writedown of at least 25% on my purchase of Lifescan. Now, ask yourself, and ask that genius Johnny_C too, he of the know it everything crowd, how, if I were Platinum, I could cushion such a writedown.
They both are IMO because any settlement lowers the value of the Lifescan property. Now IMO penny stock traders would not really understand this, because the statement I am about to make has nothing to do with DECN stock price, but if I were Platinum I would, at this point, feel duped by J&J and will very shortly have to take a writedown of at least 25% on my purchase of Lifescan. Now, ask yourself, and ask that genius Johnny_C too, he of the know it everything crowd, how, if I were Platinum, I could cushion such a writedown.
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