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Re: never-say-die post# 32756

Wednesday, 01/22/2014 4:54:44 PM

Wednesday, January 22, 2014 4:54:44 PM

Post# of 52074
NSD - Incomprehensible!

I don’t know if it is incompetence or naiveté, either way it is inexcusable in a public company.

Very similar dynamic to the marketing approach, which has so far proven unsuccessful. They felt their product was so good, people would buy it without a credible marketing plan or extensive testing. Hasn’t happened yet.

Same thing might unfortunately happen with share price – they feel it will definitely go up with good news. Will serious investors put their money in a company with penny credentials, no shareholders meeting, inexperienced management….? Yes, it might go up, perhaps even a couple of dollars – but it will never attain a fair valuation with the current approach.
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