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Re: Advocate77 post# 1508

Friday, 07/21/2023 1:10:17 PM

Friday, July 21, 2023 1:10:17 PM

Post# of 1675
Some good news I sold IBC when it was trading at .24 a share so made a tiny profit on 1 of the 2 companies from the dynamic dual. Seriously, I want real answers from the people on here. Lets say you have never heard of NB or IBC but started to do research on investing in current managment team. What would you honestly think and do?? Would you invest in Mark and Jim?? Tell us why you would invest money with this current team based on past and current faiures?? Mark has burnt so many bridges with Molycorp bankruptcy and contnues to deliever poor results that most large investors have stayed clear. If I am wrong why has it taken so long to get real money?? Not Loan Shark money? When compaines bring in new blood amazing things can start to happen. I could provide a thousand different CEO stories but this one makes the most sense. Barnes and Noble was about to go bankrupt and guess what in 2019 right in the thick of COVID they brought in new CEO James Duant! This company was left for dead but James Duant brought it back from the dead. How would you say Mark and his team did durrent Covid times?? Financialy Mark and Jim did amazing during these trying times while real CEO'S just figured out how to be succesful. Can you honeslty tell me NB and IBC does not need a new CEO like James Duant or are you comfortable losing 50-80% or more in company share price value??? Tell me again why some of you think Mark Smith is such an amazing CEO ?? If you want to read a story about a "REAL" CEO pleae take the time to read the article below.
https://www.axios.com/2023/03/01/barnes-and-noble-james-duant-ceo
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