InvestorsHub Logo
Followers 0
Posts 176
Boards Moderated 0
Alias Born 04/19/2011

Re: pastorboy post# 7716

Friday, 07/27/2012 4:52:55 PM

Friday, July 27, 2012 4:52:55 PM

Post# of 12573
A couple of points:

We are shareholders not customers. We do not keep the company in business. CD must feel he has a supply of investors for future placements, which both he and us want to keep to a minimum.

Shareholder's rights typically do not include dictating how the company is run. Though they occasionally get to vote on certain issues. Nor to my knowledge do our rights include demanding a CEO address us.

Shareholders can always vote with their feet - Though we are all so underwater to the point it seems that only a fool would sell now. Hence many folks' frustration, anger and hostility with the current SP which is at the heart of the "fire the coach" attitude of many of us here.

During a storm it may feel like a change in course is the necessary action. But sometimes staying the course in the midst of a storm is the wise approach. It is very contrarion to resist the impulse that change is the answer.

This feels a lot like a sports team that had much promise. Mid season All the star players are hurt. And fans are screaming for the coach to be fired. I am not particularly interested game results (SP) until the star players return healthy (they will) and it is playoff time.

That is just my view of all this. I am patient. No one else needs to feel that way - I am simply offering a different attitude and approach to "Fire the coach" or "make him coach the way I want" . Only Time will tell which of us was right.

JMHO
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.