I see you may have a career as a comedian in your
Post# of 11802
Yes and that isn't my statement based on my empirical evidence. The industry is well covered by any number of market research firms. Platinum's auditors are going to make them write down the value of the asset because it now has less value. 25% fewer sales, 40% less profit in a growing industry. Lifescan is a falling knife. Like I said, keep your day job.
Does Platinum Equity share with you the results of the sales since they purchased LifeScan? I was under the impression that they were private. Are you a client, if so that information could be shared in quarterly reports. Platinum knew of the LifeScan sales prior to buying so why were they duped?
I am weary of this conversation. When you know what you are talking about, perhaps after you have run a business in the industry, please come back. I am not a glass 90% empty sort of guy. The glass 90% empty group is a subset of the stock price is everything club. Just MO. This message board wasn't that way in the past. Unfortunately now it is more than it isn't.
Oh and one more thing, companies with something to sell, whether it is a product, a technology, or a concept, meet with their targets and never once in any meeting is stock price talked about, never once are shareholders talked about, never once are message board posters talked about. Sit back, watch and learn. Perhaps soon you will no longer be mired in DECN stock, if you own any at all.