Eddy! A rather understandable post! Bitchin'!
Logically flawed, but understandable.
If I may just jump in here...
This is an NMS stock, Ed. This ain't some VSE gold-from-seawater deal. This is the National Market System here.
Your post implies that the CEO of this company might be guilty of some criminal act due to the fact that he has assured the public that someone outside the company has perpetrated a hoax, while in fact everything at the company is quite the same now as the day before the hoax was perpetrated.
The CEO, you feel, should be arrested and questioned by the Los Angeles Police Department for this gross transgression against the investing public.
Ed! ED! What planet are you on, buddy? Costa Mesa is in Orange County, not Los Angeles!
Arrested for what? Where did you get the idea that he has done anything wrong? Your post implies that because the company is using the same accounting procedures as every other NMS listed company, and every NYSE listed company, and this is worrisome to you, and the CEO has assured people that there really is nothing wrong, he should be arrested?
He said his audit was OK. "Passed with flying colors" is the phrase you used. What else can he say?? What do you think he should have said?
Nothing?
If he said nothing, that would set off alarm bells, my friend. Besides that, if he himself had been a part of this hoax, he would for sure win the Bonehead CEO of the Year Award. Factually, the chances of him doing something to warrant being arrested are so small as to approach zero. He would have absolutely nothing to gain! Nothing! He would have a lot to lose. He would have to be insane, Ed.
I don't think he's insane. I think he's the CEO of a stock listed on the National Market System of the NASDAQ and he's just doing his CEO job.
I'm trying to be as nice about this as I can. Your train of thought went off the rails back there at Willougby.
That's a real obscure reference which you wouldn't get unless you watched TV back in the 60s, but you get the overall concept, right? A person is not guilty because they say they are innocent when someone suggests they might have done something wrong. That ain't the way it works here. Maybe on your planet, but not here.
Thanks,
TLC |
