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Friday, August 12, 2011 2:08:46 PM
My simple advice and thoughts on this sad state of affairs (blaming shareholders on a poor SP): look at Lehman Bros and Bear Stearns. Both companies' management teams went after "short-sellers" and "defamers" and "rumor-mongerers" instead of focusing on fighting the fires at hand and executing their business plan. Well, Bear was sold for a song and a dance and Lehman went BK. Did short-sellers and rumor-mongerers hurt? Sure, but if the business of both companies was sound, it would have simply been a short-term speed bump.
I hope DK reads Petemantx's last post. Pete has always been a reasonable, yet optimistic bull. His post is a perfect summnation of what I would say most shareholders, like myself, feel at the moment. I used to be a huge bull myself...heck I got my dad, his friend, my brother AND my father in law in this (HUGE MISTAKE HAHA - think they're happy?).
Execution and clear communication will take care of everything else. It's that simple.
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