Replies to post #2230 on Composite Technology Corporation (fka CPTQE)

[lentinman]

Rat:

Sorry. I just think it is equally generic to pound the table for a stock as to complain about management. And, IMO, attacking people for what I consider to be legitimate concerns is about as generic as it gets.

You asked a good question and one I haven't thought about. Do I have more or less confidence in management than I had say, 6 months ago? I'm not 100% sure I can answer that fairly, but if I was FORCED to say, I would say "less".

The reason is as we have been discussing. I agree that they are approachable and sound good. But, that was true 6 months ago. What is different is that they have failed to meet the deadlines they set for themselves. Remember, you and I did not set those deadlines. They did. But, what is worse, and I think this is the main point that Farmer makes, is that they haven't even explained why they have been unable to meet their self-imposed deadlines. That might be a temporary problem. But, it is also true that if you go back to 80 billion companies that went south, the first chink in the armor was the failure to explain why deadlines weren't met. That is a legitimate concern IMO.

I figure I lose about 1% confidence a day. On December 15th, I was 100%. You can do the math.

Len

[pick894]

Rattman generic means run of the mill. Run of the mill means not very interesting or not very colorful.Having less value than others.