Just a couple of points.
1.) It is common courtesy to identify yourself when posting on these threads.
2.) No one is going to assign much validity to your views if you're afraid to I.D. yourself.
3.) With respect to your comment on expenses - of course litigation charges, moving expenses, etc. have to be paid for. These are common everyday business expenses that most businesses have. Nothing unusual in them. It is the cost of doing business. However, they should be considered as one-time expenses or in the case of winning a lawsuit, one-time extraordinary earnings and should be taken out of the on-going financial analysis picture.
4.) The solicitation has been established as NOT coming from Ampex. They, of course, would have had to file if they were going to solicit.
5.) If you believe that Bransom is somehow behind this to drive the price up a point or two, I would suggest that you should look in your closet for some other ghosts. He has had plenty of opportunity to unload his shares at prices of up to $12 & $13. Why, would he now be interested in unloading at $7.5 or $8.00? That would make no sense. He brought his shares to make money - real money. He could have left his cash in the bank and made what your suggesting he wants to make by selling at a 1 or 2 point gain.
6.) As for your point to the rest of us lesser souls who can't wait to bail out when we hit break even -- WAKE UP and smell the roses (or whatever it is you like to smell). I speak only for myself here of course, but I suspect that many of us on this board feel the same way. I been investing for over 30 years. I wish I could say that all my picks have been winners - they haven't - but, if I've learned anything it is to do your homework, and if your comfortable with your analysis, STICK WITH IT. The market up and downs should not detract from the basics of your decision. If the fundamentals are there and the potential for growth is there, the stock will ultimately perform. In one form or another, this sentiment has been echoed many times in this thread.
Lee |
