Actually Oilman, 100% of the blame does belong to management. If there's one thing I've learned over the years, it's that the "market" is very, very rarely wrong. As for this stock,,, well, it's walking like a pig, and talking like a pig, so guess what? I think the odds are extremely in favor of everybody invested in this company having gotten the shaft. Bickel's just hoping to suck in a few more suckers. If the "negative" investor sentiment is successful in keeping a few of those suckers from sinking their hard earned money into this stock, then I'd view it as a positive thing. One less person to be personally ripped off by James Bickel's completely disingenuous statements.
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