agreed, nice letter.
I have sent those types of messages in other stocks over the years.
Transparency is the word that comes to mind and the longer a company remains silent or can't even put out a tweet begins to make shareholders nervous and does not help imo.
That said the response you received seems fair all things considered.
I also think that asking management why they have not suspended someone is a good question but in todays business enviornment I don't really expect most of these companies to answer the investors/shareholders. We all know that ongoing matters typically cause companies to remain silent for legal purposes, its a standard defensive position.
The best thing that can happen is hear something via press release, investor relations updates and open and honest transparency.
Having heard the response you received that contain paragraphs with issues regarding stock price and quickly moving to other subject matter about the individual in question raises concerns as to the thought processes of the author of said message. What that says is that the events as of late have had possible impact on stock price, so it seems easy to deduce why the probable cause claus is in effect.
This is the standard operating procedure for these types of stocks. The stories may vary but the evasive less than official, not easy to cross verify tactics appear all over the market. Some use the system against itself in order to buy time, head fake and outmanuvuer the general audience. In other words its a game.
But hey, what do I know, I am sure everyone is completely innocent and everything is peaches and the stock will rise and everyone will sail off in the sunset with a ton of return on their investment.
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