SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : VALENCE TECHNOLOGY (VLNC)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mike Mabry who wrote (15255)10/14/1999 9:36:00 PM
From: MGV  Read Replies (2) of 27311
 
You say: "I'm in for the long haul good or bad."
With all due respect, that statement is inane. Why would you want to submit to a "bad" long haul? There is no one forcing you to put up with poor performance. Yet that is precisely what you are doing. Why do you do it?

Challenge yourself. Why are you in this company? Are the reasons why you bought into it intact? If not, ask yourself why you remain in it. Answer yourself fairly.

Yes, I am seeking to provoke responses but the more accurate answer is in your question. "With other people's money and investment decisions on the line why do you continue ..." Because other people's money is on the line. That is why. It bothers me to see people sleepwalking through anything. I also think there are or have been posters here who have purposefully misled. That bothers me. Personal attacks and asumptions that I am pointing out outrageous issues for personal gain or self-interest motivate me.

This company is so clearly inferior as an investment vehicle that you could throw darts and likely find a better investment 9 out of 10 times. That may be conservative. That statement is based on objective indicators. The financial position is pathetic. The information stream is very poor. It has been poor for as long as I have watched this company. There has been a pattern of inconsistency between what management infrequently does express and what comes to pass. When management does offer information it is vague. There is a pattern of management obtaining shares at below market prices yet there is no payoff to shareholders.

I want to be clear on this. Management incentives for good performance is good policy. Systematic transfer of shares over years with no accountability for poor performance is not good policy. Management treats you with a similar disregard as the pharoeahs treated Egyptian slaves constructing the Sphinx!

Why don't you try to learn about investment criteria? Develop a common sense game plan. There are hundreds of good companies that make fine investments out there. If you want to place a portion of the investment dollars you have available and can afford to lose in riskier stocks, there are many that combine tremendous reward with much better balance sheets and much more responsive and good management.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News