For the three years or so that I've been in this stock I've never understood the dynamic of emails we've seen from Walrus and GLL (and others) dozens of times. We all know the company regularly leaks information to a handful of brokers who in turn share that information with their clients. Many of us, myself included, know one of those brokers and thus have access to this "information." Unfortunately, as many of us have come to understand, the leaked information can be interpreted as nothing more than a ploy to calm the restless masses. But, as we've learned, the masses are never calmed, because the expectations that are implicitly or explicitly set with the cryptic and oblique messages that the company and its investor messengers hint at are never even remotely in line with what actually happens. As such, investor confidence (and the stock price) erodes more and more. I submit that by not keeping quiet entirely or saying exactly what it is that you've heard from your source, you are contributing to the death spiral of mis-set expectations. Let all see and evaluate the information for what it's worth and make decisions accordingly. Perhaps then management will recognize that the best course of action is to communicate directly and forthrightly with its investors and the analyst community. There is no logical reason that you should enable this ongoing management gamesmanship. The fact that they selectively share things with a few means that it should be available to all. Anything less is unethical and improper.
