Mad:
Nice observation on the volume. The question is, is increased trades at 4 and 1/4 a good sign or a bad one. I'm certainly not smart enough to know. The trend lines have been broken, as far as I can see from last October's low.
I've lost so much confidence in the management and in the powers behind the management, i.e. Simon and Penny, that I'm not sure if LU needs them for their 5E switches or not. At this point, I'm not sure if the company has a life or not. There is no information coming from the firm on what I consider the most important and urgent item. How are they going to continue functioning with so little cash? They must address this ASAP, and they should be issuing some press releases that they are doing so, and that everything is on tract. If they don't need cash, then let's hear that. All we get is the obfuscation in the "restructing" press release, which no one can figure out what it means. No indication when the company plans to be profitable, with the reduced expenses due to the layoffs. We get nil, nada. Damn. |
