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Re: nynewbie post# 1690

Tuesday, 03/03/2015 6:13:11 PM

Tuesday, March 03, 2015 6:13:11 PM

Post# of 2353
Newbie,

Patience is the key for me. Maybe not for you. Different strokes for different folks. Lots of different ways to make money in investing. Do whatever works for you.

I think you are right that nobody cares about Viscount. I don't think no one knows about it. I think nobody cares because promises have been broken about when we were supposed to see some significant increases in revenues and finally some profits. I thought that it was going to be 2013 but that didn't happen. And I think that is why Pineau was replaced, because the board didn't see anything happening in 2014. At least that is what my guess is about what happened. I think Raefield deserved some time to right the ship. He has his team in place now and has been the chief for a year. He needs to start producing as he has promised. I will probably give him to the end of the year.

If Raefield lives up to his promises, he will have something to promote and that is when I think the share price will respond. I don't look at the share price to tell me if something has promise or not. Would I like the share price higher. Of course I would. But that is not the only thing in investing for me.

YMMV though. Good luck.