Originally Posted by
Baa_Baa
I think they did disclose that they were "in so much trouble" but the market, or some of it, didn't read the double speak or innuendo. WYN in hindsight was severely compromised a long time ago when their big government contract that they basically bet the company on didn't pay up, but still it was ignored by shareholders in the hope that it would all come right in the end. That was in the face of a sustained and ugly SP down trend. What surprises me is that the big money rode the pony into the ground, they were all taken for fools, albeit some recovered a few of the losses by selling into the hapless.