Been reading and reading alot of stuff here lately.
I like many have lost thousands of dollars on paper so far owning GTE.
I am not happy either. But unlike so many here I operate under my own guidelines for stock ownership that in a pompous way I wish I lot of others would.
1. CAVEAT EMPTOR! Caveat emptor is Latin for "let the buyer beware", first thing I learned in business class 101.
2. Never blame my buying or selling on someone else.
3. Only contact the company thru the investor relations or the designated individual of the company handling investor requests at the appropriate number or email.
4. DON'T HASSLE or ABUSE #3. How does an individual get anything done for "our" company if they have to answer questions all day.
5. Remember. IT'S NOT PERSONAL AND IT'S NOT ABOUT ME!
6. Do not make assumptions, get the facts.
7. Repeat #6 and do even more Due Diligence.
8. Try not to buy or sell on emotion.
9. If it's too good to be true, it probably is.
10. Don't do things for the company if you are not employed. Notify the company thru #3 and let them handle it.
I know this post may sound righteous or crazy even but I am really fed up here.
How many investors here helped bring alot of this mess onto GTE? The emails and hassling calls and posts to bashers and Journalists (using that word liberally) alike that fired them up and increased the negative awareness. I am sickened by that and how so many posters can't leave thnigs alone and let the company handle it.
I know that a couple posters were mentioned in favor in the last PR (before today) that have done good, and I am happy for that, but I suspect they were not hassling GTE. I can only imagine how much more production Mr. Bleckman could of had in the last month without having to answer phones and emails.
Also, while I am spewing and venting, wouldn't it be nice that if the lawsuits against GTE failed, then those investors who sided with the law firms, had to forfeit their shares and we investors who held on, got to divide them up amongst us. There should be penalty for fraudulent law suits too. How much have the law suits caused the price to drop? As much, if not more than what they are claiming the Russian deal fallout lost them. I say we counter sue those law firms and plaintiff's for that loss. If the Russian deal was a scam dreamed up by GTE then so be it, they (GTE) deserve to go down BUT if it wasn't then why not get something for our troubles. Right now it's a lose lose situation for us. Pisses me off.
So there, take that everyone. And thanks a lot for nothing.
Other than a few, there is nothing to be gained on this board anymore imo. There is power here but it is not wielded correctly imo. I believe in the goals and visions of GTE and will stick to the bitter end because I still want to get fast internet connection anywhere I go!
