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To: Schnullie who wrote (117497)1/10/2014 8:39:38 PM
From: SamRead Replies (1) | Respond to of 118717
 
Yes, he spent too much to buy that land in Divide County, and the company was damaged as a result. And most of the negative things that you listed can be traced to that bad decision. A bad decision doesn't mean that a guy is a bad manager. Or a fraud. Or a self-aggrandizing blowhard. If I thought that the manager of a company I was considering investing was all of those things, I wouldn't buy stock in that company.

And I don't use the stock price of a company to judge whether or not a guy is a good manager. Stock prices --higher and lower ones -- are often the result of a lot of different factors, many of them out of the control of the management. I judge managers by how they respond to those things, including the decisions that they made that turned out to be bad ones.



To: Schnullie who wrote (117497)1/10/2014 11:30:37 PM
From: Mark MandelRead Replies (1) | Respond to of 118717
 
<<Does anybody consider this good governance?>>

Please check out the Sarbanes-Oxley Act of 2002 and what Evans is required to do to comply to it.



To: Schnullie who wrote (117497)1/11/2014 6:41:32 AM
From: bradfentonRead Replies (1) | Respond to of 118717
 
Ah yes,... let it be known that I too have also been secretly, (but gradually) reestablishing my brilliance in acquiring MHR stock, but at 140% of my former position, to where I have doubled my initial investment.
I too don't trust the G.E., for all the reasons you have listed, and want it to be known, am no longer buying or selling as well, just waiting for the buyout.

I'm also forewarning the board that I may, from time to time, (will let you know at a later time after the fact) daytrade using E-wave principles, as I too believe there are strong principles supporting the cockroach theory!