Will Hurricane Langone Drive GKNT Shareholders To Evacuate as Patients Did at Langone Medical? Q3 Ending Sep 30
November 09, 2012
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(Geeknet:GKNT) again (yawn) reports continuing losses Q3 FY2012 ending September 30th. Stock free falls to $15.98.
As the corporation formerly known as VA Linux Systems reported continuing losses Langone [1] Medical was evacuating patients given their backup generators failed during Hurricane Sandy [2,3,4].
Will Hurricane Langone drive GKNT shareholders to evacuate Fellini Satyricon Meets Barbarians of the Gate?
There is simply nothing more to say about this preposterous clusterf**k of a company and faux Board and management, which has not already been meticulously reported on this Blog over the years [5][6][7][8][9][10].
Recommendation: FTW meh
References:
[1] Ken Langone is also Chairman of (NASDAQ:GKNT)
[2] Oct 30 Backup Generator Fails; NYU Medical Center Evacuated
[3] Oct 31 N.Y. hospital staff carry sick babies down 9 flights of stairs during evacuation
[4] Oct 30 Patients Evacuated From City Medical Center After Power Failure
[5] Oct 13 [Update1] Pervasive Software PVSW In Hostile Takeover. White Knight LOEB to the Non-Insider Shareholders Rescue (incl comments 1-7)
[6] Aug 04 $GKNT Q2 Ending June 30 - Thinkgeek, Bucky Balls Consumer Complaints and continuing losses (incl comments 1-3)
[7] May 05 (Geeknet:GKNT) A Geek Tragedy...Turnaround?- Q1/FY Ending 03/31/12 (incl comments 1-11)
[8] Feb 18 (Update2) (Geeknet:GKNT) A Geek Tragedy - Q4/FY Ending 12/31/11 (incl comments 1-18)
[9] Dec 27 2011 (NASDAQ:GKNT) A Geek Tragedy (incl comments 1-6)
[10] Nov 15 2011 (NASDAQ:GKNT) Q3 Ending Sep 30: Fellini Satyricon meets Barbarians at the Gate (incl comments 1-8)