I absolutely disagree with you.
Your view may hold true for you, but it doesn't even apply to me (and many others) at all.
It may apply when you've chosen to try and play HMGP in a way that is contrary to Hemi's business plan and ultimate goal... but then that comes down to the choice you made. You can't blame the company for only doing what they said they were going to do (I'm talking day-to-day, so don't start harping on me about unfulfilled PR's...that's not what I'm talking about) all along.
A company tells you they have no real interest in the share price or their stock because it really doesn't come into play for their overall plan and strategy, and because they don't need it for operating expenses, and that their goal and strategy looks to a buy-out several years in the future.
Then you choose to invest your money expecting some sort of support for your desired share price in the very near future, and expecting there to be a run in the very near term that will make you rich... and you invest expecting to sell your shares long before any buyout even comes over the horizon... all of which is basically contrary to the company's stated goals...
What did you think was going to happen?
There's more to it than what little I'm stating here, but you are not speaking for everyone... not even close.
I bought in, early 2006, fully expecting to wait until 2010 (the company was quite up front on this) at which time the return I will see should be maximized. I've said it before that all this day-to-day with the share price doesn't concern me in the least.
I am not unsympathetic to those who have chosen to try and play Hemi a different way and are facing a potential loss. I'm sure Keith is not unsympathetic either... but he can't cater to your choice above their original and guiding plan. If I were Keith and had a choice of spending my time making sure you got your few dollars now, or spending my time making sure I got my truckloads of money later, I'd be focusing on later first. Maybe not exclusively... but first.
Bottom line of what I'm saying, is there are other ways to have approached this stock. From where I stand things are going along swimmingly. Things are right on track. The company is doing exactly what they're supposed to be doing that will ensure that MY return is going to be exactly as expected.
But then, I went with the flow, and actually bothered to take the company at face value as presented and publicly stated at the time, instead of trying to dress it up, twist it around, make it into some pinkie stock that needs to jump through pinkie hoops and do pinkie back flips, etc....
Not everyone is unhappy with the way the company is going. Not everyone is displeased with the work Keith and Craig and company is doing.
MY gawd the share price sure is hard to watch... no doubt. Human nature makes it really hard to look at. But for those of us whose return does not depend on market sentiment, and whose return will not be determined by the share price... we're fine.
