Zeus, Del, TKB,
I've sat and listened to this back and forth for what seems like forever. You want to see lies and mismanagement, go check out LTGL or FAMH. In my opinion, that's what you'll see there. My interpretation of what we have seen in this company is distinctly different from either of those two.
I once talked to a company who was searching for a new CEO. I asked what qualifications they were looking for. They said the ideal person would be under 50, have 25 years business experience and would have gone bankrupt twice. They figured that by that time that person would have learned all the pitfalls and understood how to not fall in them again. The object is, none of us is perfect, we all make mistakes, the difference is what we do with the new knowledge we accumulated.
History does count, but how the company proceeds beyond that makes the major difference. As for us investors, the name of the game is to make money. If you had bought in when I did at about the $1.00 mark you would be ahead and have little to complain about. If you bought in just a few short weeks ago, you would be ahead and have no complaints. I hear a lot of bitching and complaining, but I also see a bunch of investors that could easily have been ahead several times if they had wanted to. Remember the "Investing Basics"...buy right, sell right and never fall in love with a company.
End of sermon.
Jim J <<Long JAWS and SITR>> |
