News Focus
News Focus
Followers 55
Posts 5266
Boards Moderated 0
Alias Born 06/15/2011

Re: sampaloc post# 188614

Friday, 07/27/2012 9:41:06 AM

Friday, July 27, 2012 9:41:06 AM

Post# of 241554
Welcome to stinky pinkyville. Its what happens every day in this exchange. He hasn't broken any laws...he just clearly hasn't executed and he used shareholder money to implement his business plan that just flat out failed by every measure he provided (he uses the word phases of the plan). All one can do is learn from it and share what you learned hoping it doesn't happen to others. Many say its a gamble and their decision and they can afford to lose it. IMO its a defense mechanism to protect ones self respect when things go bad. I know of no man woman or child alive who enjoys losing especially money. Being taken in by blogs, by talking with the CEO, transparency , great product etc etc etc is not how a company should be measured. It has to be on measurable results that create shareholder value. This seems such an easy explanation but it isn't. We all believe in honor and trust and want to think the best of people. But is a pinky they strip all that away and trust comes from numbers only. Love what the CEO does to perform, love the great numbers they put up. BUT..never fall in love with the product or the CEO before he can show you what he can do with it.

Eric may walk the razors edge on being honorable and conscientious with how he spent the money and his plan but I truely believe there was no law broken. Just trust was taken advantage of and thats where the real rub comes from...he made things personal he used trust for 6 yrs and now that has been compromised..IMO

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today