Exactly. They are up big, so was wondering if they're taking profits to lock in those gains before the bleeding takes this back down some more?
Doesn't really matter either way, but I always thought their posts were insightful. I had misjudged Thoth, and I think he misjudged me, early on, but I've come to respect his DD and input here so wanted to see if they had bailed on this one -- if so, someone's gonna have to go and pick up the slack!
On another note: I know I am probably a bit hard on Joey Parsi. As CEO, he gets all the credit when things go well, and the blame when things go south. I do think he wants what is best for the company, that he means well, that he's not a crook or a fraud or anything like that -- but to be a CEO you have to have skills across a number of fields. It's not just numbers or marketing or anything else in a vacuum
When he brags about these LOIs, all he's doing is setting up the company for failure if he can't deliver in a timely manner.
Imagine if Steve Jobs said in 2001 that he was working on a phone -- I'm sure the iPhone development started around the time the iPod took off, but Apple was silent about its new product until it knew it could deliver. Same with the iPad.
Sometimes a good CEO needs to know when to stay silent. Hopefully that's what he is doing now, rather than trying to temporarily inflate the price so he can sell more of his shares.
I expect we will see slightly improved revenues for the two locations. We'll take another hit because of the CC store closing affecting year over year sales. And then, the sky is the limit once we start to expand. I have to believe that Kaufman and Gay didn't come on board to publicize two locations.
AI
