Saturday, January 28, 2017 4:52:04 PM
Thanks for the heads up Renegades17
I guess people can see how my transcription of that one part of the presentation went if they give a darn
After re-considering all of the stock sales x 3 in/around a month,the reverse split etc. by IDXG , I decided to reduce my position to a very small amount of shares as kind of a "longer term hold" ... in case my dreams of 30.00-50.00 a share are realized,I won't feel like I missed out because I didn't own any if it happened;I originally bought at .0799 cents ,so needless to say I made money here however due to bad timing trading in and out and "unexpected Capital Raises" by IDXG, they dampered my profits by at least 2/3rds and I am not too happy about that because it is a direct result of the company being stupid and arrogant and well I could think of a few more words;They executed those Capital raises very,very poorly.
I kind of gave them the benefit of doubt as we have went along over the last 6 weeks or so ... excusing them for their poor judgement but after thinking about it I guess I have developed an attitude over the way they did things and it kind of pisses me off to the point where I am just not as happy with them and the way they conducted theirselves;I guess I have started taking it personally because let's face it ... although I am ultimately always responsible when I buy and sell a stock ... what they did was not very intelligent,so I am not surprised volume has dried up and the price is still below .50 cents pre-split/5.00 now.
I am the result of their complete erosion of confidence in their abilities to manage the company properly and/or be shareholder friendly;Matter of fact I see what they did as incompetent.
It's obvious they gave no thought about shareholders by selling stock at .53 cents when the stock was trading at 1.10, INSTANT 50% HAIRCUT and had been as high as 1.98 the prior week,,, or selling at 6.81 when the stock was trading at 14.00 a share that very day ... and then finally to add insult to injury the stock was trading around 7.50 and trying to get some lift to take it back over 10.00 a share and they Beech slapped shareholders with another 4.69 capital raise.
I guess I was blinded by greed ... it will do it to you every time .... I'm no longer excusing their actions and in fact it really angers me because they could have sold a lot less shares at much higher prices,diluting shareholders much less;I really cannot wrap my brain around why they did what they did and sure ... maybe they will make a lot of money in the future and the stock will soar to huge heights, but they have already proven to me they do NOT give a damn about shareholders or they wouldn't have done what they did.I excused them saying things like "They needed the money to clean up their balance sheet etc." But I guess that was just a lame attempt on my part to justify why they did what they did when they did it ... But 3 Capital raises in a row????
That was total Crapp
Needless to say I probably won't be posting as much here ... however,IF the stock price drops low enough before any huge runs or if news on them changes in a way that I can see they are redeeming themselves ... I might reload more shares ... but it is OBVIOUS if anyone is paying attention they have damaged shareholder confidence and this is a direct result of their idiotic,greedy,self-serving and arrogant decision making.
I should have known better ... lesson learned again
Have a great weekend !!
I guess people can see how my transcription of that one part of the presentation went if they give a darn
After re-considering all of the stock sales x 3 in/around a month,the reverse split etc. by IDXG , I decided to reduce my position to a very small amount of shares as kind of a "longer term hold" ... in case my dreams of 30.00-50.00 a share are realized,I won't feel like I missed out because I didn't own any if it happened;I originally bought at .0799 cents ,so needless to say I made money here however due to bad timing trading in and out and "unexpected Capital Raises" by IDXG, they dampered my profits by at least 2/3rds and I am not too happy about that because it is a direct result of the company being stupid and arrogant and well I could think of a few more words;They executed those Capital raises very,very poorly.
I kind of gave them the benefit of doubt as we have went along over the last 6 weeks or so ... excusing them for their poor judgement but after thinking about it I guess I have developed an attitude over the way they did things and it kind of pisses me off to the point where I am just not as happy with them and the way they conducted theirselves;I guess I have started taking it personally because let's face it ... although I am ultimately always responsible when I buy and sell a stock ... what they did was not very intelligent,so I am not surprised volume has dried up and the price is still below .50 cents pre-split/5.00 now.
I am the result of their complete erosion of confidence in their abilities to manage the company properly and/or be shareholder friendly;Matter of fact I see what they did as incompetent.
It's obvious they gave no thought about shareholders by selling stock at .53 cents when the stock was trading at 1.10, INSTANT 50% HAIRCUT and had been as high as 1.98 the prior week,,, or selling at 6.81 when the stock was trading at 14.00 a share that very day ... and then finally to add insult to injury the stock was trading around 7.50 and trying to get some lift to take it back over 10.00 a share and they Beech slapped shareholders with another 4.69 capital raise.
I guess I was blinded by greed ... it will do it to you every time .... I'm no longer excusing their actions and in fact it really angers me because they could have sold a lot less shares at much higher prices,diluting shareholders much less;I really cannot wrap my brain around why they did what they did and sure ... maybe they will make a lot of money in the future and the stock will soar to huge heights, but they have already proven to me they do NOT give a damn about shareholders or they wouldn't have done what they did.I excused them saying things like "They needed the money to clean up their balance sheet etc." But I guess that was just a lame attempt on my part to justify why they did what they did when they did it ... But 3 Capital raises in a row????
That was total Crapp
Needless to say I probably won't be posting as much here ... however,IF the stock price drops low enough before any huge runs or if news on them changes in a way that I can see they are redeeming themselves ... I might reload more shares ... but it is OBVIOUS if anyone is paying attention they have damaged shareholder confidence and this is a direct result of their idiotic,greedy,self-serving and arrogant decision making.
I should have known better ... lesson learned again
Have a great weekend !!
"Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing."
Recent IDXG News
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