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Headley Lamar

12/03/10 2:17 PM

#7385 RE: SuperDrive #7384

It is funny to me that a lot of individuals message me stating that it is not management's job to manage a stock, that they are busy running a business. I say hogwash - the primary objective of a publicly held company is to provide maximum return to shareholders. There is no higher objective. Most times the best interests of the company align nicely with that objective. However, when management is tone deaf to what the market is telling them because they feel that running a solid business should be enough to produce a high rate of return, this is what you get. A great company with a stock that can't seem to get and hold the valuation it deserves.

It's like people have fundementals goggles on and ignore all of the other aspects of the market.