10.27.2005

Terrists!

aaaaaarrrrrrrrRRRRRRoaoaoaoawwWWWWHHHHHHH! BOO-YAH BABY!

Shorter Deb Saunders:
"rat hugging liberals"

I smell a rat. The Dec. 2000 delisting was because of financial difficulties Huntingdon Life Sciences (HLS) faced--in part because of repeated targetting by protesters--and guess what, the NYSE isn't known to be a charitable organization when it comes to things like this. Along comes Boss Inhofe with one of his regular environmentalist hate-fests and all of a sudden it's all [sniff-sniff] those murderous terrorists who did more to damage our economy than Saddam Hussein Osama: it's all their fault! Please give us a handout. And while you're at it, give Cramer a call. BOO-YAH!

Lemme go out on a limb here...somehow I just can't get it through my head that the NYSE and Carr Securities would be persuaded to forgo an opportunity to make money just because a yacht club had a fence painted red. Not that I agree with the ALF, most everyone who reads this blog knows who I am and knows that I don't. It just seems a bit odd for HLS to make a public statement through a Senate hearing like this, don't it? Here's what I think happened: HLS was created as an outsourcing shop and had no other hope for profit besides what the parent company gave it. That didn't sit well, and it lost market cap. On top of that they had some liability issues associated with the extremists. Company went OTC.BB and it tried to pull a fast one to get back on the board via Carr. The NYSE put the "cart in front of the horse" as they said, and didn't check to make sure the company cleared all its problems. Now HLS can get out of this by blaming the extremists rather than their own business model for the collapse.