SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Global Platinum & Gold (GPGI)
GPGI 24.830.0%12:37 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bob Walsh who wrote (9036)1/16/1999 11:57:00 AM
From: Anthony Zack  Read Replies (2) of 14226
 
Bob,

J. Currie has not demonstrated by his past actions that he is trying to get the price lower. I read in his words the message that "enough is enough!!".

Jensen has a demonstrated history of concealing the complete truth with every press release I have ever read. Even Gippy's previous PR guy has made statements regarding his own frustration about the content of press releases. Jensen's excuse has always been "we can't release that, we might hurt our credibility and the stock price".

When your stock is still fading at less than 2 bits, I would argue that company credibility no longer exists. IMO, clearing out the ghosts in the closet at this price level will not cause anyone holding this stock to suddenly dump. What is the point? All invested in this stock did not do so because of Jensen and his ability to manage the operation. Mountains of mistakes have been made by Jensen and the people he entrusted with the operation of the company. The stockholders have a right to know the complete story of all that has transpired since the drop from the $2+ level. The financial record of this company must be fully disclosed!! No more excuses...no more evil empire shorting the stock BS...no more denying responsibility for the current price level of the stock!!

I believe that MM's efforts and leadership will put money on the table, but it is going to take more than money on the table to sustain an ascending right triangle formation. What will happen when Jensen is allowed to mis-manage the revenue stream that MM establishes? Jensen's past mistakes have squandered millions of dollars over time.
Will future mis-management squander more millions over a much shorter time?

I know of no publicly traded company whose top level management remained intact after the company's stock was devalued 90%. As a stockholder, I expect more from Dick Jensen than he has shown me up until now. How about "...the truth, the whole truth, so help you God?".

Tony
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext