GREY:WSLFF - Post by User
Comment by
RustyRobinon Jan 28, 2020 12:35pm
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Post# 30609258
RE:RE:RE:The old CEO is gone Scott Hurd
RE:RE:RE:The old CEO is gone Scott Hurd 100% correct. This company was a giant exercise in cronyism, management loaded up the ranks with as many of their friends as possible, giving out BS overpaid positions, rode it till the company was barely worth anything, then sold it for scrap to (hopefully) some slightly more competent operators. And SoCal was there all along pumping this turd like his life depended on it. Haven't heard from him for a while, maybe the pumping department also go the axe?
If we're lucky this might go up 10-20% with competent management if they sell off the expensive (and pointless) retail arm and stick to production. If you're expecting to double your money you're smoking too much. Learn from those of us that got burned, don't bother, move on. Just glad I didn't double my position when the idiots pumpers were saying this was a "great deal" at 0.55 LOL