Monday, December 14, 2009 8:27:15 PM
In my opinion, the reason investors sold today was due to the very poor PR put out. There was no wiggle room in the PR of 12/4. Names and specifics about the Montana partnerships were promised - and today, the CEO and IR guy for HESG flat out let us down. It's great that they are David fighting Goliath(Scottrade/TDA). I give them props for that. But Tom Gaffney needs to understand that investor faith has been shaken because HESG didn't follow through with it's promises.
I emailed both of them today and suggested that they need to do a little damage control to regain the trust of their investors. I was not as lucky as some here - have had no response.
I do not hold the millions of shares that other investors do - but I'm not selling the 800,000 shares I do have. I want to see what Gaffney does next.
Ironically enough, I sold a failing stock to buy into HESG - and now the original stock - ALL green today. Figures, huh?
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