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Re: movinforward post# 133466

Monday, 06/07/2010 8:06:46 PM

Monday, June 07, 2010 8:06:46 PM

Post# of 241064
"Major disappointment" is right. People say the MM's are holding this back. That may be true, but IMO Eric is the one holding this back. There was no reason to put that PR out at that time today. He could have put it out first thing in the morning and got some momentum going just this one time. There is also no reason for us not being "current" at this point either.

Eric seems honest by CEO standards and I believe in his drive and vision to make WNBD into a successful company, but it truly feels like he wants the share price to stay down. I can only hope he has a good reason for this--like maybe he's securing loans against future earnings to do a buyback. Five million dollars would buy back roughly 1/3 of the float right now. This is wishful thinking and very unlikely, but I have no other theory as to why he does some of these things. As always, all IMO.