Thursday, December 20, 2007 9:44:45 PM
I don't at all like this and I'm losing my shirt, tee, boxer shorts, and cuff links. The part that angers me so much is how much effort Walt has made to be transparent on these issues so that the stock doesn't rocket too quickly because of orders being booked in one quarter and not spread out.
That is fine, but his diligent efforts to reduce volatility... are adding to the volatility... and somehow sinking the heck out of the PPS. I bought in high, and Walt is rocking me. (Thanks a lot Walt. You kept the PPS from rocketing up alright. You have sunk it like a rock. And the split).
Yes, I'm very angry and I bought in with faith that he would be a bit smarter in how he went about this. These ill-advised decisions and short-sightedness in the name of long down the line view... have beat me to a pulp. And many of us are getting stopped out. It's a massacre and Walt is losing some short-term investors that could have been tomorrow's very long term investors.
My confidence is shaken, Dick. Very shaken. Good luck and Merry Christmas.
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