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Re: tmonkey post# 11682

Friday, 08/08/2014 3:36:07 PM

Friday, August 08, 2014 3:36:07 PM

Post# of 34955
tmonkey, 'overoptimism' is a very kind word for a management which opens a shop with a non-ready product and predicts millions directly after the opening. This is done - and always only - by listed companies and companies which ask a loan from banks etc. This is nothing but tactic to received money by shareholder, investors, banks, government etc. - not trustworthy....but people have to believe in trustworthyness of a management. I did the same 37 years ago when I started to run my company to receive some 100k from a bank to finance a start ....but my secret calculation has shown revenues only two years later. And I knew it - as Duffield did know this also when he wrote the investor sheet.

However, it seems like the current shareprice forms a bottom. Guess buying now it not too risky.....without knowing where the chart will go again. But the 10-bagger-enthusiasm is gone - reasonable and right. my biggest hope: Shively stays vice president....otherwise this drops like a stone.