Weazel,
Believe me .... I get the mentality that prevails in these parts. There are still a number of HEPI investors that get their "info" from the old regime ..... IMO of course. Many sold HEPI to buy into a stock a few years ago that's done absolutely zero and is at all time lows. And they are onto the next "flawed business idea" and a continuation of all the cash flowing to Baer. The latest money grab particularly egregious and right in plain sight. But that's a topic that doesn't belong here.
The old regime, and those closely tied, IMO .... have been a large source of selling over the past year. But you are correct ..... this is not Baer's HEPI any longer .... it does however still suffer from him ...... of course that is the basis for some posters here and their negative slant even though they damn well know Baer has been out of the picture for years. I'd bet most haven't even spoken to Dahl or Rice and if they have .... most likely nothing more than bashing and yelling rather than objective Q&A about the business plan.
Having talked to Dahl a while back, he does think the stock price takes care of itself over the longer term if the company performs. However prior to actual commercialization ......I don't think he "gets" the communication and strategic messaging that needs to take place with a public company and the significance of cultivating shareholder relations. I also believe there is some semblance of shying away from any communication that could in some way be considered "pumpy" or something along those lines ..... again due to prior regime. This week's PR is a cupcake .... and another huge fumble in the shareholder relations dept. Simple as comparing it to the John Payne PR last year and any other announcement from any public company regarding the addition of a director.
Fact is .... need to maintain as strong a stock price as possible for many, many reasons. It can turn into a cycle that is difficult to get out of .... especially for a company that has financing needs to get to the finish line.
Amigo Mike
PS .... PRXI .... another example of how mgmt and greed can screw the pooch and ruin an easy money machine.
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