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04/29/14 10:06 PM

#139071 RE: RickNagra #139058

I listened to the CC. And when the stock started to fall, and there was literally no bad news i might add, it reminded me of a live Internet shareholder update I saw about 12 years ago. A company announced they would have a live Internet video for their shareholders. I tuned in early. The camera went "live" about 10 minutes before the event. For that 10 minutes, all one could see was an empty, cheap folding table, like those you'd see at a public recreation center, with a few empty metal folding chairs around it. In the background was a chalkboard. The room was very plain looking.
Within 2 minutes the stock started to drop. In 5 minutes it crashed 20%. By the time the meeting started, the pps had fallen 50%.
I think today, perhaps folks just didn't like the "vibe" for lack of a better word. In my opinion, the first speaker sounded a little nervous; like maybe he had stage fright. And hey, I know I would have!! I had called in just 2 minutes late. By then, the lines were at capacity and I was resorted to a web link. I had no trouble getting onto the call and heard it very clearly.
But I was way more impressed with the second speakers elocution. He sounded very self assured and confident. The first, even though he was very well intentioned, just sounded nervous. I think that could have been the trigger for the sell off. It only took a few at first, but then, once it was noted that the price was going down instead of up, then the lemmings followed suit.
GLTA, I'm very confident about the future.