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handsomehank

08/29/18 10:49 AM

#155677 RE: MakingMine #155673

Seems about right and as far as many of us still being around it’s probably because we were too blindly optimistic to sell at .65, .52, .44, .36, .25... or at least get our own money off of the table. None of us wish to sell at a loss but that is coming closer and closer to a real possibility. IMHO
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iateclube

08/29/18 2:47 PM

#155681 RE: MakingMine #155673

"But why go through the ruse (if it is a ruse) of buying a building in LF, stocking it with machines and paying large salaries to people who aren't producing any business?" The enduring quandary, one person has the answer and is not talking. Let's remember however, Li does not need us. We are not funding the company, the original IPO and dilution was squandered long ago. Only Li's money is in the company today, along with perhaps a few authorized shares being sold. In other words, he controls the management and the BoD and short of a class action (to what purpose?) there is little we can do about it. Minority shareholder rights....good luck with that.