Boy, I'm on vacation for two weeks, come home, log on here and think I'm on Raging Bull!
I fear that Senator McCarthy from the 1950's (see below) has been re-incarnated on this board, only now the question is "Are you an individual well investor?" Two times (or 3?) yesterday, two or more people were asked that question. I was asked the same question three weeks ago. How many other people were asked that question while I was gone? So what if they are? Has this board truly been reduced to making unsubstantiated accusations, innuendo, personal attacks and shouting down anyone who dares to express an opinion different than someone else's?
IMHO: There has been enough daily beating of the same poor dead horse. Bottom line? Everyone is at some level of risk in any vote and should carefully evaluate their position. A vote may not turn out the way you want. If you no longer believe AMEP will make you money if the R/S passes, or if you are concerned the company will fail if the R/S does not pass, or if you absolutely refuse to accept an R/S, then you should sell now, take your loss and move on. You may feel you can not afford to sell at the current price, but can you afford NOT to sell? If you decide to keep your shares in the hope or belief that the R/S will fail, YOU accept possible additional loss and assume ALL the responsibility for that loss if the R/S does pass. If you believe AMEP will still make you money if either the R/S passes or regardless of whether the R/S passes, you should hold your shares and take your chances. YOU also accept possible losses and ALONE assume all the responsibility. Each person who remains an AMEP stockholder is SOLELY responsible for his decision and whatever the consequences may be - no one else. It was your decision to buy, and it was your decision to remain. Also, not accepting the final proxy decision, however it turns out, will only result in hurting other shareholders. It may not be pretty, but that is where we are at.
From Wikipedia: Joseph Raymond McCarthy was a Republican U.S. Senator from the state of Wisconsin between 1947 and 1957. Beginning in 1950, McCarthy became the most visible public face of a period of extreme anti-communist suspicion inspired by the tensions of the Cold War. He was noted for making unsubstantiated claims that there were large numbers of Communists and Soviet spies and sympathizers inside the federal government. Ultimately, his tactics led to his being discredited and censured by the United States Senate......Today the term ("McCarthyism") is used more generally to describe demagogic, reckless, and unsubstantiated accusations, as well as public attacks on the character or patriotism of political opponents.
