Hi Frank,
Let me first say that I understand your frustration.
To use a metaphor, the glass ("half empty, half full") looks different to me ("half full") for a variety of reasons, an important one being that my entry price point is well below $2. That makes waiting easier for me than it does for others who have price points much higher. It doesn't make me complacent, however.
Your statement:
>>Our management is not representing us, they are looking
at their own self interests. Unacceptable.<<
I haven't seen any evidence of this. In addition, their HQ is modest and well located. Every person I have met at ACTV has been hardworking, sincere, conscientious, and very intelligent.
I agree that the cable companies have their own timelines and "we cannot move off of dead center until they throw the switch."
Frank, from your prior posts, I see that you are a thoughtful person who keeps himself informed. When I see your posts, I pay attention. I greatly hesitate to offer advice, but perhaps a look at the fundamentals, the alliances, the patents, a conversation or a visit to HQ with someone in management might help with perspective and balance.
I simply cannot blame the stock or the company at this point for my investment's performance. Obviously it is easier for me to be pleased with the stock's appreciation of these last four or five weeks, but it is true that my investment in ACTV has tied up capital which, for the most part, has been in wait mode. But my decision to accumulate and hold is my decision. If it doesn't perform to my expectations, well, I made a bad decision.
My experience with ACTV reveals hardworking people doing an excellent job with the resources and connections available to them, which in many ways are exceptional.
I have an open mind, however, and I will look at facts contrary to my views expressed above. Whoever reads this post, please, don't rehash the history of financings, shares outstanding, and losses: I fully understand their extent and the ramifications.
>>Our technology
is ready to go NOW, not six months from now.<<
Well...I'll take the six months and BTW I'll happily take $15 or $20 per share.
In closing, I want to say once again, your frustration is understandable.
Regards,
Ed |
