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Re: coaldollars post# 21143

Thursday, 08/14/2008 6:29:59 PM

Thursday, August 14, 2008 6:29:59 PM

Post# of 43413
Well, legitimate CEOs worry about the LT share-holders - because it is they that they owe a fiduciary duty to.

The idea is not that Galo would tell us about material events for a ST rise in stock price; it is that he would tell us about material events because as owners of the company it is his duty to do so, irrespective of share price.

Also, I would be VERY worried if Galo would release news or DO ANYTHING because of a potential short squeeze. Legitimate CEOs aren't concerned with such trading market events - and if I owned stock in a company that structured their PRs in attempts to squeeze out short positions I'd be very worried - not only is it not something a CEO should not be worried about (they should be concentrating on fundamentally growing the intrinsic value of the company) such targeted manipulation is illegal...

Behold the fool saith, "Put not all thine eggs in the one basket"--which is but a manner of saying, "Scatter your money and your attention;" but the wise man saith, "Put all your eggs in the one basket and--WATCH THAT BASKET."
- Mark Twain

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