Tuesday, July 10, 2018 5:14:17 PM
I believe Rory wishes to remain transparent but his words only act as an opiate for the investors, to soothe our fears and fuel our wildest imaginations despite the reality. To maintain a stronger investor presence long term, besides the “revenues” mantra and company fundamentals, we need a better filtered stream of communication. Rory is passionate no doubt but that is both a boon and bane. For example, people love him or hate him for the Sheriff Joe video. If a CEOs words are the primary driver of share prices, investors lose focus and the more experienced types become skeptical, even paranoid.
I don’t think we need to know what he does every single day. I don’t need to know who he is thinking about calling or who he may be meeting with unless he is right at the cusp of completing a deal. For example, the Salesforce hint a few weeks ago was nice but what did it serve to achieve? Volumes are still pitiful and share price is low. Now, Rory was just answering a question so I don’t fault him for the response but we as investors shouldn’t become addicted to these hints and clues as positive reinforcement. Heck, Rory even says not to invest based on what he says.
Let the PRs and 8-Ks do the talking. Everything else is fluff to an extent.
Yes, Rory is a part of the reason I invested but I am now more interested in the company and revenues, not as much Rory although I am glad he is the captain of this ship. So I like this restraint and silence, voluntary or not. It gives me a moment to reflect why I am truly investing.
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