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Yeah, but Scott's comments are well taken. They are awful at keeping shareholders and, more importantly, the marketplace informed. As the old saying goes, if a tree falls in the woods, and nobody hears it, does it make a sound? If they have great news to announce in April/May, and they do a poor job of spreading the word, then there will be much less interest in the stock, and the price won't reflect it's true worth. Management's ultimate responsibility is to its shareholders, and, even if they are bringing in the crown jewels to the company, it would behoove them to tell us/the world something. After all, their first comment was "we'll tell you something March 6"...then "we'll tell you something March 16"....Now, it's late April/early May. When that time comes it will be another 2 weeks....Get the picture. It's like the stories my debtors tell me when they don't have the money ('Oh, just give me 2 more weeks'--they then string you along for a year with the 2 more weeks bullshit). Don't get me wrong. I don't think it's a scam. But I can't stand having my expectations frustrated. If you can't deliver a promise, don't make it. Levy never should have said March 6 or March 16 if it wasn't 100% happening. Likewise, he shouldn't say late April/early May if it isn't going to happen. You lose all your credibility that way. I really believe they need to invest in a professional investor relations firm so this shit doesn't happen. Anyway, I believe we'll all be fine come JUNE. |
