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Mr. BubbleBuster
7 Comments
Armstrong World Industries: A Housing Related Stock with Upside?
AWI - $ 16.61
Buy Now!
Armstrong World Industries: A Housing Related Stock with Upside?
AWI - 17.18 a share
Can You Hear Me Now!
Armstrong World Industries: A Housing Related Stock with Upside?
Crunch the numbers and it just doesn't add up to healthy future for a company.
Armstrong World Industries: A Housing Related Stock with Upside?
Remember LOCKHART said " The asbestos fund CAN NEVER RUN DRY"!
Armstrong World Industries: A Housing Related Stock with Upside?
Then that makes you a TARGET
Armstrong World Industries: A Housing Related Stock with Upside?
Some of us had no choice with AHI.
Even if they gave me any I would dump it right now.
It has only one direction----DOWN!
Today Jan. 8 2008 what is your stock @? 37.07
Issued @ $40 a share. When did you buy in at.
I know your in it for the long haul.
Guess what. They are starting to lay off all across the world.
They plan to sell cabinets & flooring and buy stock back from lawyers.
But it still leaves them with the asbestos issue!
Believe me Hoss, I know all about bankruptcy.
There is no such thing as chapter 7 anymore after 2005.
Chapter 13 or 11- YOU will pay back everything you owe till the day you die!
So just take out that 2nd mortgage and be sure to max out all your credit cards.
Welcome back to days of the Great Depression.
Feel like a Frog? JUMP!
Gas now @ 3.11 a gallon. Wait until it's around $10
Try to retire on a fixed income with Health insurance increasing forever.
That is even if you have it now, it will not be around for you then.
So much for the so-called American dream.
The Next Generation ain't gonna ask for what they want...
They are just gonna TAKE IT!
Armstrong World Industries: A Housing Related Stock with Upside?
This GREEDY CEO Micheal Lockhart & his other 5 cronies will do WHATEVER it takes for them to collect their $55 million dollars, even if it takes cutting their grandmother's throat.
They are the biggest bunch of IDIOTS that I have ever seen that think they can manage a company. Lockhart is the first outsider to be CEO that did not come up through the ranks of the company. Lockhart was handpicked by George Lorch, another CROOK that sits @ the table for Pizer now.(Wonder why healthcare is so screwed up)
Lorch sold his stock @ $90 a share right before it plummeted. Talk about insider trading. I can't understand why the IRS NEVER investigated Lorch on his evil deals. Martha Stewart ain't got nothing on George Lorch!
So Lorch handpicks this CROOK LOCKHART so that he can takeover as CEO & take the company through bankruptcy.
They emerge from chapter 11 & now lawyers own most of the company.
They have had several companys or private equity firms look at them but wouldn't touch it with a ten foot pole.
So the question is: Are they really free of asbestos litigation?
The answer is NO.
The asbestos fund CAN NEVER RUN DRY. Where does this fund get it's money from? It comes from Armstrong World Industries(AWI)
Armstrong is a leader in Gobalization that started back around 1968.
Armstrong like alot of other so-called american companys should be placed on the Terrorist watch list!
Armstrong Holdings (AHI) just gave me my 69 cents a share for my investment, God bless them. So go ahead & put all your money in their stock & see what you get back.
Armstrong was once a good company that was founded around 1868. It is a shame & a disgrace to this country that we allow them to ruin a good company. But hopefully they will fold & become HISTORY!
The ceiling tile business is the only part that makes them any money. Will they bust up the company to sell so Lockhart & buddies can collect their $55 million. Whatever it takes!
Why Armstrong is only worth 4 billion. Dollar General is worth more than them @ 7 billion.
So what about it Mr. Buffet? Are you ready to gamble.
p.s. Forget about the Housing crisis , just wait until the CREDIT MELTDOWN kicks in around 2008.