RE: SRK and GreatlakesI'm very happy that Wilan stock is finally appreciating, although it's still below my $40k additional investment at $7.28 & $7.38 in January. In January and February my decade long reinvestment in this company was finally going to reap it's reward! I was confident that no one would even contemplate a BD at well below market value, clipping the stocks wings just as it was taking off, further diluting investors holdings, .... just to deposit the money in the bank? That would never happen ....
I've been a cheerleader for this stock for 11 years, always believed in the concept and especially the change in direction 5-6 years ago.
.... But I agree with most of SRK's statements and anyone who mindlessly pontificates about JS's performance either hasn't been paying attention or only got in at Wilans frequent lows over the past several years. I have stock I paid over $36 locked into an SRSP for eons ago! I once bought $250k worth at $65!
At this present level I've finally made all of my money back on this stock over the last 11 years. Finally! I just hope that I can profit before JS does another BD and guts the value of my shares, or makes some other equally inept move. Any competent businessman could have easily surpassed JS's contribution to this company, possibly even pearfloor. I only hope that the man has learned something from his previous missteps.
Go Wilan!