GREY:GDPEF - Post by User
Comment by
3woodon Jun 30, 2009 10:41am
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Post# 16108359
RE: RE: Come and Gone
RE: RE: Come and GoneYou have to be kidding - you come back on the board to comment on an obviously sarcastic comment ( I don't even know if they have kids ) after ALL the comments made by a number of people ( including me ) about mgmt's honor, honesty, integrity and ethics - buckethunter even made threats and you chose to comment on " this ".
Now for the origin of the June expectations - you've known me long enough to know I value honesty above all else and I won't lie - I might make an honest mistake but I won't lie. If you want to give me a call I'll put you in touch with 2 different people ( neither of which is Leigh ) who heard from Mike directly that in June the train would arrive - that we would all be happy and in the money. I know this to be true because they both went further into debt and bought more shares thinking they didn't have much time to load up. I believe it was KOS51 that first posted on this topic and I mentioned earlier this month I was hopeful something good might happen in June.
As for the volume this month - I know there was some but it really only amounted to about $225,000 which isn't a lot - had we experianced the same dollar volume previously when the SP was much higher we really wouldn't have gotten too excited. You question what I expect - the simple answer is I initially invested in Gl based on what Mike and you told me - that there was a good probability that I would make money. There was no garantee on the time frame but even you have to admit we expected a payoff much sooner and never in our wildest nightmares did we expect the SP to drop as low as 15 cents. Anytime I bought additional stock it was after a conversation with Mike where I was told things were progressing well and a deal could happen any day. My expectation as a shareholder is that mgmt builds shareholder value and makes decisions consistent with their promises to at minimum yield a liquidation of the company which proves to be profitable for ALL shareholders on a net present value basis.