It very could be that this is a capable and competent organization, looking to capitalize on opportunities as they present themselves. That's why I am here, why I hold a position, and why I continue.
But based on past and current performance, is it not logical to expect a similar repeat of pattern?
I wouldn't have this question if I hadn't spent the better part of last year wondering if this would be the day they finally released financials, to be told that this was corrected and would not be an issue moving forward only to be currently in the same boat (albeit with better excuses) and no real guidance from the management or operations team.
This company will do well, eventually. In the meantime, let me enjoy pointing out that they are making the same mistakes over and over. It seems to me, that mistakes are acceptable if solution and risk management are implemented moving forward. That is what I am not seeing, thus my commentary.
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