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Sunday, July 08, 2012 5:50:47 PM
CHDT had closed on Friday at just over ten cents a share. On the message board on that Saturday in 2006 there were 119 posts.
People were excited about the stock.!
Had you bought at Friday's close, or Monday mornings low back then you could have made a 50% return in a day or two and a 100% return within five days.
The company wasn't making any money to speak of. Sales were minimal but there was great anticipation involving the new lines of roofing tiles and generators.
People were excited about the stock.!
They had faith in management (whether misplaced or not) and the stock price soared.
The present management wasn't even a cloud on the horizon.
So why today with what on paper is a vastly superior company is the stock selling sub-penny?
In my opinion, Investors who study this stocks recent history do not have faith in management !
I could go on and list reasons for this but they've been rather thoroughly hashed out on this board already. In the long run, it doesn't matter what these reasons are, or even if they are valid, it only matters that they are perceived to be reasons not to invest in the stock at this time.
So rather than endless repetitions of how great a stock this is and how undervalued, wouldn't it be more valuable at this time to thoroughly examine the company, warts and all, and suggest improvements, either on this board or directly to the company and its advisers?
And if anyone has a differing opinion as to what is holding the company back at this time, it certainly should be shared.
Maybe we can again get people excited about the stock
All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. - Arthur Schopenhauer (1788-1860)
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