RE:A word about management and a question for the boardForgot to mention... There's nothing at all wrong with being a trader. I just wouldn't be a trader of natural gas stocks, where prices often defy logic day-to-day and can get whip-sawed around by unpredictable variables such as weather forecasts.
Companies like ARX make better long-term holds IMHO. Cheers, folks.
Trapped wrote: In my opinion, many posters are being overly critical of a management team that has garnered a lot of respect from across the industry during challenging times. I believe this type of criticism is largely misguided.
Management's job isn't to maximize shareholder value. Their job is to operate the business efficiently and consistently in accordance with their strategic objectives - Full stop.
That, in turn, could reasonably be expected to lead to higher share valuations over time, but only for those who are realistic, disciplined and patient.
Serious question: Am I the only one here living solely off of dividends from a broad basket of blue-chip equities? For me, the inevitable and eventual payday is more of a bonus than a necessity. It feels like there are more traders than investors on this board IMHO.
Cheers and GLTA ARX Bulls.