GREY:ESOFD - Post by User
Comment by
epzon Aug 27, 2013 11:14pm
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Post# 21702540
RE:RE:RE:RE:RE:PLS v Wheeler River and DML
RE:RE:RE:RE:RE:PLS v Wheeler River and DMLChattyc, you've been here from the begining and I respect and enjoy reading your posts. I understand it is difficult to complain when SP is going to increase and money will be saved during consolidation by layoffs etc. The problem is two fold in my opion:
1) Dev comes across as a pompous a$$ and this is the type of person that I believe a major could try and screw over. I'm not just saying this b/c of his behavior over the last week but from his actions even before the DML acquisition I've never seen such a gorilla chest thumping CEO. Thanks for creating your own blog instead of just posting information on fission's website... I hope you're happy having more twitter followers. He could also act more professional in interviews and be more respectful of other companies when answering question. How is talking down Cameco good for future discussions with them?
2) as Patientriskyinvestor has stated AMW insiders have bought shares on the open market and not been padding their pockets with more and more options. Thanks to Dev and his pad all his friend's pockets plan his team is already up $150 to 300K (if options were sold) while he gave Ross and himself $600 (if options were sold) and that was June 10th! Compare that to the board I trust: Ben last gave himself options in May and the value gained from them is only $33K!
6 months ago I thought fission did a much better job of putting together presentations but I think alpha has caught up. The only downside with alpha is that Ben is terrible at interviews but that is an easy fix. I just find it hard to trust Dev and I strongly believe the sp will go up regardless of what happens I just don't want Dev to have another free for all at making himself richer. As for liquidity I think in the long term this matters very little. At best it means the big guys will struggle more buying stock but that gives us little fish more time to accumulate. In the end it won't be sold based on current SP but value in the ground and I think Alpha and Ross understand that... as for Dev I am not convinced.