Well said, marcos. I agree with you completely.
GMD is by no means a dead loss or is going to remain in limbo forever, and to the best of my knowledge, Don Farrell still has a hint of a halo around his head. Unless we have all the facts, passing judgements at this time is unwarranted. But alas, human nature is ever so prone to equating mere perception with reality, and many honest or innocent people have been destroyed by the mere perceptions of others. To be sure, many people strongly feel, at this time, that GMD has to be seen as squeaky clean and must, therefore, not be tainted by association with any members of the past management team. I wonder if that would be entirely possible.
When I first saw that phrase, "exemplary fiduciary skills", I thought it was ironic and even kind of laughable in light of what had happened. However, I still have much faith in GMD. I still hold all of my GMD shares and I am thinking of buying more on the 27th of this month (it is the last trading day of the month and a Friday at that). You are of course right in buying after the second low and seeing that the market capitalization is low relative to its potential worth.
Si! Si! Viva el oro y la justicia!
Richnorth
P.S. Just in case you haven't heard: Marriage is not one word but a sentence! Marry in haste, repent at leisure! Marriage is a yearning for equal sharing of unequal earnings! |