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| Alias Born | 06/08/2011 |
Thursday, June 16, 2011 12:17:29 AM
I agree RV, question everything. IMO the banter over Calm Seas has gotten a little redundant and I fear we may be letting our fantasies of providence cloud our better judgment and lose sight of the larger picture. Anytime anything with a negative connotation attached to it pops up on the message board, the KBLB sharks start circling the boat like they’re defending territorial waters. IMO I think we all need to take a step back and reanalyze the situation from the “diligent and disciplined business investor” perspective. Sure, I’ve found value in some of it, but a lot of it has been the proverbial kid taking his/her ball and going home type of argumentative dribble.
There isn’t a single company in the world that is void of opportunity. All companies have problems, although the impact of those opportunities varies. We can debate the legitimacy, integrity and value of the Calm Seas deal until the cows come home. I believe it isn’t necessarily a major issue at the moment, but it’s definitely something I will keep a close eye on and I’m currently researching the agreement and the company. With that being said, we can’t fall into the trap of thinking that everything is and will always be hunky-dory in Kraig Biocraft Land morning, noon and night. Why? Because nothing is that way all the time anywhere, much less in business. Two very important marks of a good manager, particularly an executive, are acute problem solving and effectuated decision making under pressure. IMO, we need a little angst to test the management acumen of our beloved KT. I mean, we can’t reply to every post by simply saying, “but, but, but, but we have zinc fingers.”
IMHO I think it would be extremely healthy for all of us to start focusing on the issues at hand and any future obstacles we may face in an unbiased, logical manner instead of throwing a barrage of unsubstantiated chatter across the board as a product of our defensive impulses and oneupsmanship. Bravo to those practicing this. We newbies appreciate it. Sure, there will be opposing points of view, but being positive for the sake of being positive and being negative for the sake of being negative is counterproductive and a waste of board space (unless it’s just plain funny of course). If you have an argument, please back it up (No, really back it up. Opinions can only be based on fact, not taken as fact.) and give us your suggested solutions to any problems. Granted, I may not be great at this myself (ZF may be one of the best), but my point is that we really need to start identifying these opportunities and resist praising the company at all cost because we’re fearful anything less could be a superstitious detriment to our investment and future goals.
I believe in the company, but if there are issues, I want to know everything about them and what is being done to correct them. I will not allow my expectations to conjure false delusions of grandeur or lessen the need for DD, particularly when I’m combing over the balance sheets line by line.
There isn’t a single company in the world that is void of opportunity. All companies have problems, although the impact of those opportunities varies. We can debate the legitimacy, integrity and value of the Calm Seas deal until the cows come home. I believe it isn’t necessarily a major issue at the moment, but it’s definitely something I will keep a close eye on and I’m currently researching the agreement and the company. With that being said, we can’t fall into the trap of thinking that everything is and will always be hunky-dory in Kraig Biocraft Land morning, noon and night. Why? Because nothing is that way all the time anywhere, much less in business. Two very important marks of a good manager, particularly an executive, are acute problem solving and effectuated decision making under pressure. IMO, we need a little angst to test the management acumen of our beloved KT. I mean, we can’t reply to every post by simply saying, “but, but, but, but we have zinc fingers.”
IMHO I think it would be extremely healthy for all of us to start focusing on the issues at hand and any future obstacles we may face in an unbiased, logical manner instead of throwing a barrage of unsubstantiated chatter across the board as a product of our defensive impulses and oneupsmanship. Bravo to those practicing this. We newbies appreciate it. Sure, there will be opposing points of view, but being positive for the sake of being positive and being negative for the sake of being negative is counterproductive and a waste of board space (unless it’s just plain funny of course). If you have an argument, please back it up (No, really back it up. Opinions can only be based on fact, not taken as fact.) and give us your suggested solutions to any problems. Granted, I may not be great at this myself (ZF may be one of the best), but my point is that we really need to start identifying these opportunities and resist praising the company at all cost because we’re fearful anything less could be a superstitious detriment to our investment and future goals.
I believe in the company, but if there are issues, I want to know everything about them and what is being done to correct them. I will not allow my expectations to conjure false delusions of grandeur or lessen the need for DD, particularly when I’m combing over the balance sheets line by line.
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