I'm going to start using the Meson Mob as a contrarian indicator ,.,,,,,every time he opens his pie hole I'm gonna buy more.
Do I think everything is going to run smooth at Odyssey....not likely ...never has...but do I think BK is going to occur/Not at all...they have plenty of financing terms available one way or another,,,, the doors will stay open.
I like the fact that they are finally starting to get the BIG picture ,.,,,,I've been saying for the last few years that their cost to do business is too high and their revenue was not consistent enough to be a profitable business.
The fact that they have dumped the Dorado (unless needed) should have been done long ago...but if they follow through with new commodity projects and get their revenue stream more regular ...then I can see them working through all of the issues and becoming a viable profitable company.
Ignoring Meson is as simple as it gets.....He's putting out his wish list to support his short position.Can't blame him for trying but I'm in the camp now that says he will fail and Odyssey will succeed.Ryan and his Mob are hoping and hope is not an investment strategy .....the deals and details of Odysseys plans are more concrete and more viable than ever before.
I think the next few weeks should be very telling on this front and quite possibly give Meson his knock out punch.
We'll see
As far as Stemm is concerned I think just like they waved their executive compensation at the last shareholder meeting ....it is just another catalyst to show they are supporting shareholders and I believe Stemm will still be really in control as COBoard. We'll just have to see how that plays out.
Stemm isn't gonna give up his baby in my opinion.
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