I am a big fan of TXHE so I offer the following as simply some thoughts on how we should proceed. I heard management was looking to expand their footprint in this oil friendly economic environment and that they were even considering diversifying into the fashion industry. GREAT NEWS!!!!
At the time I heard this, I thought it would be a good play to support the management team and their efforts to expand so I decided to invest. But apparently, TXHE, the CEO or whoever it was that decided it was a good time to “dilute” this morning with a massive sell off and unfortunately, in the process, screwed over their shareholders.
Does MGT not understand the idea of a momentum play? The whole market has been watching TXHE these past few weeks as TXHE stock price inched up. And instead of celebrating the moment with a PRESS RELEASE or instead of bringing the PPS down slowly, or let it just churn sideways while MGT replenished their accounts, they pulled the plug today! AND in the process, TXHE wiped out almost all of the shareholder value. The 40 million+ shares that sold off at 9:50am EST scared a ton of people away. Congrats!
Within a matter of one hour, TXHE wiped out TWO weeks of progress. TXHE now runs the risk of being known as a company with a reputation of being selfish, greedy OR one that does not care about its shareholders. IS THIS REALLY WHO YOU ARE, TXHE?
Much of the growth that takes place in companies is usually due to SALES, but when it comes to growing shareholder value, some of THE GROWTH comes from the peeps on these bulletin boards with their positive posts. Growth in share price also comes from their willingness to share the positives they have found with their DD via word of mouth. And an increase in PPS may also come from management's effort to communicate with its investors via SEC postings, web updates, PR's and social media updates. Those who fail to do so usually see their share price decline. So, which type of CEO are you? IS WHAT HAPPENED TODAY AT 9:40am REALLY THE TYPE OF COMPANY YOU ARE?
Timing is the key in most business successes and it is no different here. When the whole world is watching, do something remarkable - make the world like you for your vision, your ability to make things happen and your commitment to your peeps - customers, employees, shareholders, etc. YOU CAN DO THIS by keeping them in the loop. Don't shirt on them by keeping them in the dark and not say anything.
SO WHERE DO WE GO FROM HERE?
Clearly no one else is selling at .0003 today (EXCEPT MAYBE YOU) so lets get it going again and finish the day strong. CLOSE AT .0006
GO TXHE!!!!!!