The future of Ficht remains an unknown:
theboatingnews.com
I have no problem admitting I am currently disgusted with OE's communications. I have expressed that opinion to Roberta Salings in each of the last two business days. However, everyone must remember "OE hasn't failed until their competitors have succeeded". Sorry for harping on it, but I feel this one sentence defines OE's situation. It is now impossible to deny that OE management has made a series of errors. I don't see that impacting their ultimate market share. But it will probably impede the value of the stock when their next deal is signed, and if that's true, impact essentially every deal they do sign. They could complete this deal and send the stock up 100% the next day and I wouldn't even be able to be happy. Signing a major deal and hitting $9 will give me little sense of accomplishment.
But I also remain convinced that the motive for posting is incredibly important. We had marginal participation in declaring a position "category". How about another round with the recent events, this time stating your "recommendation" on OE? I'm currently a hold for my own position, but others who have a high average or no position at all, I would advise them to buy. What would each of you advise others? If you say "sell", be prepared to defend why you post. "I'm trying to save others money" by advising them to sell won't fly. You don't even know who you're posting to on these boards. If you did you'd know them well enough to call or email them to share your wonderful advice.
Many of you remember the period a long time ago when I went after OE management. Then I decided to give them the benefit of the doubt. Too much has changed to second guess the decision. Tremendous progress has been made between SCC, Delphi, and Aprilia, but big mistakes have been made too. But I really don't belong in the perpetual cheerleader group, as one occasionally points out. It's too early for either side to say "I told you so". To say so means you believe you can time the market every time, always knowing when to buy and when to sell, and that's like saying you make your living playing blackjack. It's almost impossible. Sooner or later the odds catch up with you. Besides, who needs casino's when there's a stock market !?! |
