Understood and agreed!
Execution by Orie was terrible. Comms was even worse. Does that mean the value of what a company is offering any different? This is what I am trying to figure out.
As an investor, what do you or I do? I have 2 options, right? Stay or leave?
So, all I’m trying to understand, and learn, is - what to do? And more importantly, why?
When the announcement came, and the pps dropped, I had the choice to cut my losses. But, I (reluctantly) balanced my thoughts and the potential long term outcome and ... ‘doubled down’.
May be there is another lesson for me to learn ....... and it will come in the future.
But, if I remember correctly, his offer for 0.005 was wayyyyyy before all the recent stuff. So, did Orie know that we had/have to go through all of this wayyy back then? I’m not sure!
So, as you point out out, without having visibility to the detailed plan that Orie is executing, I have to believe in the long term returns based on actions today. Or cash out - which I’m not ready to do yet.
After my long rambling - I think my thoughts are that I wait, and see.
Holding for the next .......??
