Replies to post #73918 on The Jailhouse (JAIL)

[HhH]

dig space: Have you all lost your minds?

Exhibits A through about X if you're discussing management's "eptitude" is: WaveXpress.

dig, the folks in Lee have thrown $37 million at this truly pathetic attempt at an enterprise. That's not counting another $9 million in interest. Add the numbers together and you get $46 million squandered. SQUANDERED solely for the purpose of providing paychecks to family members and cronies, some of whom apparently don't have to travel beyond their own cellars to draw down six figure salaries!

Any rational business person acting in the best interests of his shareholders (as opposed to his family and friends) would have pulled the plug on WaveXpress years ago. Management's behavior with regard to this enterprise is, in my opinion, grossly negligent at the very least.

These people are pigs gorging at the trough, dig. You know it. Hell, I think all of you know it, deep down. So, in one respect (and this may be a first), I actually agree with Snackman. You are all responsible for your experience with this stock. I differ on why one must conclude that. It's not because management isn't and shouldn't be answerable, as Snackman suggests. No, it's because you've behaved like sheep. Sorry, but y'all deserve to lose every frikin penny.