Joe, your analysis, I believe, is a good one. I feel very strongly that nothing will happen until such time as management is changed with a more creative marketing ability and a willingness to deal with the investment community on an open an honest basis. In the past they have lead this group down a long garden path to misstatements and unjustified optimism. They MUST rid the Company of the Old Guard Family whose only interest is the continuity of family members and compensation for these people. It just seems to me that someone must take a hard look at the Canadian divisions & make a determination if they are really worthwhile. The apparel industry, in and of itself, is a difficult industry to trade in. Algo thinking, in Canada, has not lifted itself from the 20th century, both in design & technology.
I have no choice but to hold, to buy more of a penny stock, is not my concept when you can invest on an upswing & still do well. Marty |
