RE:RE:RE:RE:AGM Voting Results..None But MittlemanI generally agree with that, and your position is supported by the fact that Mittleman has had to sell a little recently to to comply with withdrawl requirements. I would be much more concerned if the person in Mittleman Bros. position was someone like Carl Icahn or Ron Perelman, who would certainly stick it to all of us retail slobs, drag the stock price low, and then take it all over at a low price. Mittleman Bros. probably can't play a really long game on this, even if they would want to. I guess it depends on the level of support they have from their subscribers.
The main thing for retail holders now though is patience. The NAV fundamentals are so strong on this, that the safe money is for holding, even if temporary uncertainly over the direction of the company depresses stock prices in the coming months.
Ubervak wrote:
Some are forgetting Mittleman isn't a lone wolf investor with infinitely deep pockets.. They have investors money tied up in 24% of AIM shares. It's a big portion of his fund. Funds demand results. They're not about to sit back and accumulate even more shares by purposely tanking the sp... If say it was a Buffet I would be more inclined to agree... They are more likely to push the board into a direction they want now they are in control... Go back and re read Mittleman investor letters from the past year. -Uber