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Re: DewDiligence post# 122421

Monday, 06/27/2011 2:32:10 PM

Monday, June 27, 2011 2:32:10 PM

Post# of 257461

The probably of a scam is even higher—maybe 98%—when a company’s CEO writes folksy-sounding letters to retail shareholders on a regular basis.



I'm trying to think of a company I owned, many many moons ago, whose CEO would do this. I mean, these letters were crafted for hours, pages upon pages. I wish I could think of the company - just nonsense about short sellers, etc. It must have been something I owned from the tech implosion back in 2000.

Looking back, ...another disturbing lesson on investing in crap.

I wonder if Sunesis's CFO is still writing lengthy paragraphs to their Yahoo! posting shareholders on a regular basis telling them about how they aren't going to do a reverse-split.

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