InvestorsHub Logo
Followers 166
Posts 8932
Boards Moderated 1
Alias Born 05/28/2005

Re: 5256698lsa post# 606

Wednesday, 09/28/2011 12:22:25 PM

Wednesday, September 28, 2011 12:22:25 PM

Post# of 868
Thanks for the posts ... good information and thoughts. As I mentioned earlier with China slowing and natural gas in abundance the valuation had to reflect the current market and global economic conditions.

SPLM Management owns 10 million shares so I can't figure they are feeling to great about the drop from the $3.50's to $.50's cents. They just lost $30 million on paper in the last 3-4 months.

Accordingly I think that the management needs to get their act together if they are going to salvage any value in this company.

I'm sure they are working hard to get he share price back to acceptable levels. The buzzards are circling I hope they have the financial strength and will to see this through to a bigger payday.

Red