Attention: David-in-Ontario, David-in-BC, Al, xray, Gino, Chris, Napier Followers, etc etc
Regards: Financial Post/David-in-Ontario Meeting
We have all given our thoughts on Napier, either hold long, day trade, or shorting but talking to the media personally in my opinion would not be a good idea....
If the lunch date with Financial Post goes ahead a napier/ici representatives should be there..
any "...internet..." stock forum contributor should definately remain on sidelines...i am happy for you david that you received an invitation to discuss napier, the internet, the forums, the market, the speculation, the future, etc etc
I think that only negative press can come out of this lunch date...this FP reporter is looking for an guinea pig to just get opinions and then slander the hype, the talk , the discussion, the attitude, the stock, the market and everything we hope not to hear in our little forum....we have removed such negative and slanderous contributors who were here just to swear, contribute nothing substantial, who made no phone calls and were here just to piss david-in-ontario off (and dave got rid of them).
Now we have a reporter looking for juicy info to say how a guy from ontario spends half his day searching, reviewing, calling, talking, writing, adding, and completing due diligence on a stock traded on the TSE.....and why does david do it...because he believes in Napier like we all do...but the focus will make us look like hypsters, promoters, idiots to any qualified invester reading a respected business newspaper....
this stock is not going anywhere in the next few weeks in this bearish turning market without substantial quantitative and qualitative information regarding the fundamentals of this company.
also....IMO
1) The management needs to prove themself of their integrity, honesty, strength, qualifications, competitiveness and teamwork and ability to maximize corporate profits along with the creation of shareholder wealth...
2)They need to complete their in-house due diligence on the market potential, their market penetration strategy, while curtailing costs, determine a competitive price strategy, create a industry accepted margin on production costs/market price, get some forecasts, get some earnings, recieve the market P/E and TELL ALL OF US...THE INVESTORS, THE ANALYSTS, THE BROKERS, THE INSTITUTIONS so this company's future can be reflected in its share price....
This meeting this afternoon will help zero unless they discuss this...give estimates or projections..they must have some form of idea....the meeting with FP will help zero but a meeting with FP and ici/napier can help alot...
forget the hype, dont promote...get the management working for us...and i sure hope i dont see brad and other senior management dump their stock....if we here good things from you guys via press/meetings/phone and then we look at insider reports and see you dump stock before any stock increase...you have then IMO zero integrity, zero management skills other than looking out for your self..this company is owned by the shareholders and from a glance has potential...
so buckle up, hold on...wait for substantial news...i dont feel we have a post news profit taking that will change in 2,3,4,5,6,7,8,9,etc days..i think we are stuck until we get fundamentals
i will report what i find out this afternoon....
sorry for the long post but getting frusterated with this hype and getting the release and finding out not a single thing more than i anticipated...except i did anticipate fundamentals..oh ya..i did find out about 2 other products...yaddayaddayadda
LONG NIR...all the way.....waiting for fundamentals
regards
Alastair
:o)
PS. i like the word fundamentals......so one more time ...FUNDAMENTALS |
