Yes. We’d all like more information, but calls for “transparency” (by some) seem a bit odd to me. E.g., Apple is the least transparent company I know, yet I don’t find investors calling for Tim Cook to be more transparent.
Li was quite open and transparent when he first took over. He was also very forthcoming at the OH. The problem is that when he asked his LQMT stockholders to be patient, the message sent was not the message received. We (as typical Americans) were more than willing to give him a few months to turn things around. Some of us were even willing to give him a year or two. But none of us expected it would take three years or more. The Chinese are patient. Most Americans are not. (And that’s why we can’t win the TW. Another 2 or 6 years means nothing to a government that embarked on a 25 year plan to strengthen their economy.
Be patient, Out The Window. You will be rich before you walk your daughter down the isle. :-)
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