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Thursday, February 17, 2011 7:18:23 PM
You have no issue with a CEO telling you in October of 2009 that they were absolutely on pace to hit $6 mil in revenues that year? By the way, this same CEO made the same statement in November as well!!!
Being the sandbagger that I am, I told him I would be extremely happy to see anything from $4 to $5 mil in revs and he laughed and said he was very confident they were going to hit their rev goal.
I bought more shares based on his confidence. Boy, was I a sucker, huh!!
Revenues, as we know, weren't even close to that stated goal.
kk
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