RE: Today's Dumb QuestionI am replying to this post and to the one by Ottawaguy. By the way, Ottawaguy, you make an extremely convincing and intelligent aguement as to why calm is required in this case.
As for slinky's message - a little ahead of yourserlf are you not to intimate that there is a criminal investigation going on. How the .. did you arrive at that conclusion?
As for the goings on at LDM I had an opportunity to speak with a senior exec at LDM yesterday. I am convinced that they are doing everything that they can to sort out the problems and in a logical and methodical fashion. As for pointed questions on SK their only answer was "we simply dont know what will happen and when".
I asked them how they could be in such a situation if they own 44% of shares and they acknowledged that but it was instructive to hear that they do not control the board of directors (only 2 seats out of 10) and that they (LDM votes) were not in favour of the administrative leave / resignation of senior peple nor of some of the other changes going on. Bottom line is that they are almost in the same boat as the rest of us (okay, they have lifeboats / lifejackets too) and are anxiously awaiting information.
My suggestion to some of the fellow posters, is spend some time and effort and call the company. You may be pleasantly surprised at what you hear.
To those that are going to write/post that I am trying to promote the stock, please save your time, I'm only trying to report information that I gathered which I believe is beneficial to others and is something that I would like in return.
Happy investing and be patient!