Thanks for the update nevertheless. At least you made the effort.
I once took some advice given by Peter Lynch, of the Magellan Fund, and started visiting a company that I had taken quite a large position in. Due the number of shares I held I was given a tour and although I saw a vacant cafeteria, lights out in many rooms, and very few workers around I for some reason ignored what was plain to see--not much activity and not much product being pushed out the door. I attended annual meetings, followed Bills before Congress and had become somewhat of an expert in the business this company serviced.
Later, as I was denied access to the manufacturing facility I would take a spin by and count the cars in the parking lot. When noting that there were only four cars in the parking lot I should have just sold out and salvaged something of my "investment."
For some reason I ignored my instincts, and believed the hype being put out on MSNBC etc., and ended up riding the company down to bankruptcy. I lost a huge chuck of change on that ride.
Forbidding stock holders a "look-see" behind the shipping bay doors raises the same sort of concerns with me. What could be the rational behind that? "Insurance forbids anyone except employees beyond this point?" I don't know if the SEC has specific rules against that or if the company is paranoid about someone stealing trade secrets, etc. but in any case I think I'll pose this question on the "Ask Management" if it hasn't already been asked and answered.
Thanks again for your valuable input, as meager as it was. Next time count the cars in the parking lot and compare that with the following visit LOL.
