I don't think that necessarily follows. The votes are there. The math works out as I showed before. Poison pill, if any, is a moot point.
The fact that Denver Smith has been buying significantly still in the mid 20s, Bandera's fresh cash infusion in the mid 30s on the line and his close relationship to Pappas all point to a different conclusion. Despite what it may seem on the surface, which would be a jumping to conclusions. None of them are running to the exits and all underwater.
All bullish. They do indeed have some inflationary pressures. They do need to improve margins. They have an incredible p/s, so there is leverage there if proper measures are taken. It is very cheap. It's going to work out somehow. Too many high IQ's that will trump Sam. Sam may indeed get with the program. With or without him, I think the smarter DNA, of which there is an abundance, will prevail. Truth will prevail.
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