Replies to post #29534 on Michelex Corp (fka MLXO)

[$b_rich$]

I've gotta say this is disappointing as heck...management needs to get their chit together and help out the believers in their stock!

[chirmpenholder]

Nope. The CEO isn't and has never been too concerned about share price, unfortunately. His mantra is that the share price will take care of itself in due time. That's the risk and frustration of being an MLXO shareholder--you gotta be willing to let the share price do its thing, trust that the company will get things going, and know that share price will reflect that when it does.

[sawdin]

Not much they can do if they don't have verifiable information that they can release. They could just release some 'puff' PR, but I doubt that would do much to shore up the share price, and if it did, my guess is that it would be very temporary. I'd rather have them wait and release information when they can back it up rather than have them make decisions on temporary price fluctuations and put out meaningless fluff that makes them look like a typical pinky.

For all the true believers, relax and hope this goes on for awhile as you might be able to pick up cheap shares. Many on this board claim they have this as a long-term buy (which is always risky w/ Pinks); if that is the truly the case you should be licking your chops.