RE: RE: From all sides Zep,
All your points are well taken. Bringing up that late September halt just get my blood boiling, and yes I do hold the management responsible for at. times Graeme seems to treat this company as if it was his own and seems to forget that its a public company with public money invested and there is a duty owed to us.
However having said that we also seem to forget that he also owns 7 million plus shares and also suffers from the depreciated stock price many times more than anyone of us. He has obviously made some mistakes, but I don't believe he expected these results.
Now back to the GW group. Regardless of all the so called mistakes Graeme appears to have made, would we be having these intense discussion if our stock price was sitting over a buck or two?? I doubt we would be anywhere near a frustrated as we are today and yes even you would likely be questioning the GW motives and timing under those conditions. Then again would they even exist as an option under those condition. So if they indeed played this SP down for their own benefit, then their game plan is working really well. However there is an element of concern I have towards the GW group accordingly.
I still blame management for allowing this to happen. An active stock with much interest is far more difficult to manipulate than one of dead money. However, should this be the case and GW was indeed the beneficiary of this ploy, then I'd like to know what their motives are before I throw my support behind them. A white knight or a grim reaper. At this point for anyone to take sides is (in my opinion) premature. Yes we are all so frustrated with management that we would take anyone else. But always remember to be careful what you wish for, especially when you don't know the witch.
All matters stated here are only scenarios for discussions, only my opinion and are not to be taken as matters of fact.
TC9