Maybe that's German and George's strategy.. mismanage things so badly that shareholders get so depressed that they buy massive amounts of product.. thereby driving sales. LOL.
This has nothing to do with the Dow having a big drop today.. this is the result TERRIBLE leadership IMHO. New leadership HAD a chance to clear the slate and wipe away the old, but they hid up in the GNW. The MARKET doesn't reward arrogance or stupidity.. both of which were displayed by the foolish decision to not engage.
But everyone on the board that sunk their nets should be thrilled.. of course selling those shares is another issue entirely. I've been lightening for months. I 'believe' there are old timers that love offloading trips in to the 'strong hands' of 'patient fools' while those fools lecture us (oops, that should have read 'them') about patients. Let's see.. what is .oo25 - .0002 X YMillion? Where is my calculator. Yep, that would still make money.. even at today's prices. The real question is.. how many ZMillion are there remaining?
Those 'weak hands' that held for years are really showing their true colors (green) now. 'Weak handed bastards'.. I wonder if those 'weak hands' would have been 'weak' if leadersh!t hadn't sh!t the bed so badly. In publicly traded company's 'SHAREHOLDERS' are usually seen as an asset.. too bad G&G haven't shown ANY discernible focus on 'servicing this important customer base'. Maybe in a few years the new 'strong hands' will have a chance to be lectured while they book profits. Hopefully the 'weak handed old timers' will be done selling by then. Food for thought.
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