GREY:SCSZF - Post by User
Post by
vandenpon Oct 17, 2000 10:50pm
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Post# 2670102
Re: Mislead
Re: MisleadWarrior,
You're right that everyone, especially those in the high tech industry, miss deadlines and you may feel very comfortable investing in companies that consistantly announce targets in news releases and never meet them. You may feel very comfortable investing in companies where top management has been wrong every single time you speak with them about revenues, contracts, product launches, etc., etc., etc.
I am not. This is my main concern when I invest in a company. Can I trust management? SCS has proven that when it comes to meeting targets, they cannot.
SCS will most likely get the 20-f soon and (hopefully) transaction fees will begin, and revenues will increase, and the share price will increase, etc.
But, unless Frank changes the way he deals with shareholders (stops lying to them), and stops setting unattainable targets, this stock will be punished severely. It will be labled nothing but a pump and dump.
I'm tired of bull$hit. I would like to invest in a company that I can trust.
Trust + good potential = a long term hold.
P.S. Enough with the class action crap. The volumes are so stinking low between $0.50 and $1.20. With transaction fees a little PR, this stock will rocket up and most will be happy again.