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Re: jessellivermore post# 13232

Sunday, 07/27/2008 9:41:08 PM

Sunday, July 27, 2008 9:41:08 PM

Post# of 19309
>IMHO I believe your perception is inncorrect...please see my earlier posts for my conclusion... you are one of the posters my recent post is aimed at... I do agree it is the "perception" GTC will not make "payroll" that is driving the share price down.

I am if you will, saying they will make payroll.
<

Investors typically make decisions based on the facts available tempered by their own experiences. The facts available(cash on hand, forecast burn etc.) clearly state that GTC will not be able to make payroll beyond the end of the year (and possibly several months before). The experience of current long investors in GTC is of significant losses for years on end and of a management team that has over promised, under delivered and shown themselves incapable of making strong partnerships or development deals.

So, if I have this right, because you play golf with people connected to the company and have formed a perception that is clearly not based on the publicly available facts you will continue to bemoan and chivvy other posters who don't share your perception?

Honestly, how could longs believe otherwise? The company has provided no guidance as to what they plan to do to fix the cash crunch or update investors on when/if they will alter their "spend and pray" strategy. Unless you care to share what the hell it is you are constantly referring to in your not-too-subtle innuendo about knowing something the rest of us plebeians don't, then how can you expect anybody to form a different perception than the one that the facts and their experience ordain?



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