RE:Some thoughts on GRN . "
.47 CENTS CAD and not a peep from Board or Executive .....This is Tell-Tale . The picture is wrong here ! The owners are being disrespected . Us Stock holder and owners deserve respect for our risk capital .
The CEO MUST STEP DOWN . THE BOARD MUST RESIGN ."
this to me is a ridiculous statement and I see comments like this all over the place on beaten up small cap names. do you people understand at all the the current macro market environment, it certainly isn't very condusive to small cap spec stocks and nothing the ceo or bod can do will change that till market sentiment turns around.
I don't currently own grn but have in the past and will probbly start buying some tomorrow if it's stays down in the .40's. another thing to note is most insiders own a fair number of shares and none are selling. this mgmt while maybe not the very best but certainly not bad imho, have been slowly building this company successfully without taking on debt or issues crazy amounts of shares like a lot of small caps do, they have been very responsible so far. I'm sure they aren't any more happy about the s/p than investors are, however, they are very well positioned for when this energy transformation really takes hold and the infrastructure money starts flowing.
in case you missed it we've just gone thru covid 9and not 100% done with it, companies are looking at a probable recession and along with the higher int. rates companies have slowed down or cut back on spending and projects etc. so most small caps especially have been hit. soooooo imho it's just a waste of hot air bashing mgmt for the s/p and slow down in progress, instead embrace the cheap shares and have a little patience or move on. the other thing now is we are in tax loss season so until that is done it'll be tuff on beaten up stocks, I'd rather mgmt do exactly what they are doing in progressing and postioning grn for future success, I for one applaud them for what they have done and are doing. take a look at what happened to xbc for trying to do way too much all at once when the macro environment turned sour, plus they had inept mgmt, grn is no xbc and if you hold and are a buyer under a buck you'll be a very happy shareholder down the road.
cheers and gl ferret sorry for the long winded post.