InvestorsHub Logo
icon url

LH1

07/05/07 9:19 AM

#12453 RE: gerlac68 #12444

I don't blame the company for my choice to buy the stock. What I DO blame the company for is the fact that they have not lived up to their fiduciary duty to the shareholders. IF as someone has stated that they raised a lot of cash, why the dilution? Why pay themselves in cash, then undercut the shareholders by putting out more shares? Why not ATTEMPT to do something about the steadily declining share price. There may be nothing that can save it, but make the ATTEMPT. None of you can say with absolute certainty that they are doing something, just as I can't say with absolute certainty that they are not only to the extent that PUBLICLY, nothing is being done. What is going on behind the scenes, I don't know. What I DO know is right now, this is not a sound investment, and it continues to get worse.
icon url

dffhogs

07/05/07 10:55 AM

#12500 RE: gerlac68 #12444

Great post Dudette!
icon url

wetpaint

07/05/07 10:58 AM

#12503 RE: gerlac68 #12444

Very well put.
In a nutshell: adjust your portfolios or ride out the storm.