CLST Holdings Inc (CLHI)

[Renegades17]

Just trying to help



I've been attacked on other forums for questioning this management team and not wearing rose colored glasses at all times. I've never subscribed to the notion that management teams are infallible. I've been an operating guy too and know full well that management can make plenty of mistakes. Pointing them out and trying to push for a better outcome is part of the process. There's activist investors questioning the decisions and strategy of S&P 500 companies all the time- even companies with market caps well north of $100bn! Robert Stephenson is far from that level and his decisions should be challenged, particularly when they run counter to CLHI shareholders interests.

I've also been a banker (or advisor) and know their agenda oftentimes runs counter to shareholders' interests. They're only interested in generating fees as they have no "skin in the game".

Having seen situations like this from multiple angles helps inform my opinion.