Tuesday, August 30, 2016 2:13:10 PM
I don't follow your logic?
Mr. Drexler clearly states he considers Quiksilver and Mr. McKnight not likely leaving the company a liability at a minimum, if not a full red flag, yet Mr. Drexler chose to purchase 3.5m shares of Quiksilver under the control of Mr. Mcknight as opposed to selling short Quiksilver or at the minimum take no position until Mr. McKnight departs. Mr. Drexler suffered significant losses on his long Quiksilver investment. What is to like about that decision?
It's akin to looking out your window to see a severe rainstorm and then deciding to wear your best suede footwear and sports jacket without the use of at the minimum an umbrella.
Mr. Drexler's decision is hard pressed to be described as brilliant either in 2014 or hindsight today.
"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM
North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONGD • May 17, 2024 11:00 AM
VPR Brands (VPRB) Reports First Quarter 2024 Financial Results • VPRB • May 17, 2024 8:04 AM
ILUS Provides a First Quarter Filing Update • ILUS • May 16, 2024 11:26 AM