You make some good points. Im gonna guess your average buy price is high. Above 15 cents? Unfortunatly, it will likely take another 6 months to get that back to that number. If you can afford it there is always the option to average down, risky and not palatable.
As far as the intentions of management, its NASDAQ or bust. These guys want to be real businessmen from a respectable company. Just listen to the way they refer to the managment of Gander Mountain on the conference call. They want the glory of being legit business men. Its an ego thing, and I dont blame them. Their ego's are hopefully going to make me some serious cash.
As for how these guys have performed, I would say they are dominating the Dojo, based on the quality of product and the Gander sale alone.
As an aside, I completely agree with your call of getting an audit. The sooner the better.
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