Monday, September 15, 2014 10:59:15 AM
IMHO, Scott G. is fully aware of ALL of his actions. Being an ex-broker, he has witnessed as much as I have in 40+ years of trading as to how markets can be manipulated, why CEO's do R/S's and all the other issues with keeping everyone " happy "!!
Credibility, Visibility & Honesty are the 3 most important traits that any CEO needs to have with their actions. Without these three, the stock is USUALLY DOOMED.
I SO NOT feel that SEEK is doomed by any sense of the word. I believe Scott is working to achieve some type of status quo on each of these traits but at this time, he is lacking in all areas.
With Q/Q numbers, his Credibility and Visibility are slowly starting to come around compared to years ago. Only increasing revenues/profits will keep this PPS in a healthy range.
Unfortunately, with all the shares floating around and with so many creditors chomping at the bit to make their money back, it will be very difficult for Scott to keep the PPS pumped up.
His Honesty factor will be judged AFTER the other 2 milestones are completely met and until then, all we can do is ride out this stock. Scott will either turn the corner to profitability and keep it growing or he won't. I think you are aware of what happens if he doesn't!
GL2A........GO SEEK !!!!
MY opinions are just that.......40+ years of trading experience and take it for what it is worth.
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