Ren, my apologies. I made my post before I saw the link to your previous message.
I agree with you that WSGI was never proven to be a scam. However, I stand by my view that it was perceived by many to be a scam because of the actions of Huff and a few others. In the investment world, perception often drives people's actions regardless of the reality of things. The recent drop in Apple's share price comes to mind. The company continues to deliver the best earnings in the history of the company, yet the perception is somewhat different and the share price has dropped over the last few months. Some of the opinions offered by clueless analysts haven't helped either. These are the same analysts who laughed at the iPod when it was introduced, who scoffed at the iTunes Music Store as a break-even business (when it was designed to drive hardware sales of iPods and was hugely successful in that regard), and who said Apple's retail store plan was doomed, based on Gateway's failure in the retail space. Now Apple has the highest revenue per square foot of any retailer in the world. It's amazing some of these "analysts" are still employed given how many times they've gotten it wrong. It might be a good field for one of our favorite jet mechanics to enter. Being right obviously isn't a job requirement. LOL
Our viewpoints obviously differ on this point, and that's fine with me. You are an investor. I respect your viewpoint. I don't respect the viewpoint of an idiot or someone with ulterior motives. At some point perception has to align with reality, even if it goes against one's wishes to see the company fail.
