InvestorsHub Logo
icon url

mantzes

08/11/09 10:17 PM

#4218 RE: TenaciousD #4216

i am still strong here... 48 hrs ago the zeitgeist was different here... one person suffered a loss (or, broke even when they could have potentially made some money in a run on another stock- or a loss perhaps!? let me count the ways my money was tied up in one stock when i could have had a 10 bagger on a strock in my watchlist- or could have done NOTHING with a stock in my watchlist)- doesn't affect me... i understand that today was a relatively high vol day and might reflect dillution based on the pps... but to say that a pr about shows would have dramatically affected this stock- or that stockholders should have the SAY on what they choose to release reflects more on our egos and less on confidence in the co- this would not be an issue for a long and if someone is short and was banking on a pr about the shows to sell slightly higher, well, they are owed nothing... this was not the feeling 48 hrs ago- when did we become ceos, and who said (and where did nebody find out?!?!?!?) that a ceo should not take a vacation- even the pres laid back in texas for awhile- and he ran a country and not a penny stock lol... boardmarks are still better than when i started, but i do not buy or sell on boardmarks...
icon url

lowman

08/12/09 4:41 AM

#4243 RE: TenaciousD #4216

Yes, I spoke my peace. And quite honestly, I still like the 'apparent' growth of the company. I like the uniqueness of the product. I like the Bella Pixar connection, along with the MRG connection. I like the overall company and 'story'. And especially, I liked the chart uptrend, which for a time, signaled a reversal from the long-term downtrend. That uptrend reversal was broke however, when it starting hitting the .0017's, and clearly, only because of 'merciless' dilution.

I'm all for accretive dilution. Excessive, uncompensated dilution is another story. By 'uncompensated', I mean a 'not giving back, for what WE are giving'.

The whole concept of investing is a belief that someone else can make more money (for us) using our money, than we can, ourselves.

They have to be trustworthy though. They have to exhibit rationale. Good judgement. Timely execution of critical matters. Failure on any of these points draws into question the intended success of the overall plan.

Does Ford roll out a new line of cars without alerting the general public? No.

Does McDonald's introduce a new food/beverage w/o alerting the general public? No.

Did K-Mart launch the Jaclyn Smith collection w/o alerting the general public? No.

Then why has MVBY began a 26 show program w/o alerting the general public? This, I DON'T know!

Every growing company generally takes advantage of every opportunity possible, to 'sell their product(s)'. A PR costs $50-$100 (plus perhaps a PR writer's costs, of which the CEO can often do themselves).

The ball was dropped, in this regards.

Combine that with (at this point in time) an unjustified rate of dilution and red flags go up. It's as simple as that.

Dilution is still fine though. However, I'm not going to buy new shares that only cost the Seller 1/4 - 1/10th of what I'm paying, AND I'm not going to assist (by various forms of support) that Seller in making ungodly profits.

If the CEO cannot find a way to sell less shares for more money, well, I'm sorry. I can't be a part of an inexperienced or mis-guided management that uses an investment banker who has no discretion (much less, sympathy or regards for the common investor).

Let the dilution continue. I may be back when the rate of company growth exceeds the rate of newly issued shares. That is, if I haven't already found somewhere else more worthy of my hard earned financial support. And if I'm correct, I'm not the only one who feels this way.