Dave, here's another. Dumber6 is using a very sophomoric form of manipulative posting, whether inadvertently or not, designed to draw other posters into a discussion of how bad the company is. All of his posts contain questions or a plea for confirmation regarding what he perceives as the sins of ‘old management’. One trick pony into control.
He worries in post 35232: How COULD the managementchave done such a horrific job? And where is their self-respect as executives? I could ask the same of the Enron and World-Com executives, but in the oil bsiness, with assets in the ground, it must have been difficult to have done such an outstandingly terrible management job.
Yet in his very next post, 35240 he posts a (Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
He has been accumulating during a horrific insider takeover, lousy numbers, late filing, financial restatement and a deluge of resignations.
An investor would not buy into Aspen at this point unless they perceived the ‘new regime’ as promising. One would have to be drawn by our reserves and the ability of our new management team to efficiently and cost effectively increase production. I believe under the circumstances we have a good chance at turning things around. Yet this poster makes no mention of Calentine and company but prefers to dwell on JW and his cohorts. In this situation you don’t buy a company for its past, you buy for the future.
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