RE:RE:RE:RE:Dividend shows how much confidence they have in themselves@Bpultra: I agree with you on the point that anyone who holds the stock is trying to make money. That's why I'm in it, that's why you're in it, that's why Nuttall is in it, and that's why (hopefully) anyone is in it. IMHO, investors should be in CPG (or any other stock) because of the value proposition it offers today.
I am not saying I overtly support management compensation. I don't think i suggested that I did, but if I did, let me clarify it now: I don't (nor do I support any CEO making millions of dollars -- but that's a different debate to be had on a different day). What I did say is that those who go long on any stock, including CPG, are tacitly supporting management (and, inter alia, its compensation structure) by supporting the company's share price. If a management team's success is informed by the share price, then, that is what we are ultimately doing.
Moreover, management's compensation at CPG is not an issue that I am obssessing over in my quest to make money off this company -- in other words, management's compensation does not negate the value propostion presented by this company.
I have also been quite transparent that CPG will not be a longterm hold for me. I am on record saying that I will be selling 1/4 of my position if CPG hits the C$6 handle. Again, you are correct, my investment choices -- including my investment in CPG -- is intended for financial returns, nothing more nothing less.
What is frustrating about some people's obsession with management compensation is they go on an on about it while being invested in it. This is wholly illogical. Why waste your time griping about management's compensation if you are not going to have any impact on that issue? I assure you Scott Saxberg does not care how burnt shareholders feel about him getting paid ~$15 million/year as (former) CEO of the company.
It's more constructive to make investment decisions on the value proposition a company offers today rather than focus on things that are totally beyond your (or my) control. Well, that is how I make my investment choices anyways.