Long time longs need to think with their wallets now.
You have the history from which to go on. The history from which all good financial people draw when they are making judgements concerning their investment. Hence this is why charts patterns are followed. Patterns wavoids patterns.
You have a solid history from which to draw and base your decision upon. You have a history of action this company has chosen over the years from which they have repeated.
There is serial actions here from which you can draw. There are words from the ceo that span back years and you can draw your own conclusions from the words that have been spoken and the results.
You have years of words from longs and you also have years of how your stock and this company have financially performed in relation to those words.
You have the words of those who see this company in a different vision than the longs. You can judge over time how these views have meshed with the performance of the company.
You can see how the actions of those running this company have aligned with the investors. They speak for themselves.
You can see how the CEO of this company chooses to speak through a surrogate. How many successful companies choose this method?
As longs, shouldn't you ask yourself why there wasn't a letter from the CEO to the shareholders? You are all shareholders of record, it shouldn't be too difficult.
This company has been extrememly reliant on it's shareholders through the years. It has basically been funded on the backs of the shareholders throughout it's existance. It has asked a lot from it's shareholders, without offering very much in real return other than hope.
In this last offering, hope is still the biggest selling point and there is very little being offer to the shareholders other than that. There is no shared sacrafice to be seen.
Again I ask why isn't a letter being sent to the shareholders of record to make the case, not all shareholders are on the boards to be reached by your CEO's mouthpiece. As a long at this very pivotal, and frankly, precarious moment in your companies history I would find these actions below board.
