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Mood Media Corporation T.MM

"Mood Media Corp provides in-store audio, visual and scent marketing solutions to businesses including specialist retailers, department stores, supermarkets, financial institutions and fitness clubs, as well as hotels and restaurants."


TSX:MM - Post by User

Post by shawshankon Nov 04, 2013 12:29pm
243 Views
Post# 21874430

Dosen't look good when entire chain of command are leaving

Dosen't look good when entire chain of command are leaving

IMO dosen't look good when entire chain of command from the CEO of Lorne( touted to be the saviour and only captain at the time able to right the MM ship and steer the course thru the 
long list of rollups it aquired) down to the 2nd and 3rd in command start either leaving the ship
on their own or walking the plank at the beck and call of those remaining on the ship that is clearly listless at present.
 

Lorne was let go because the company grew to fast thru the aggressive aquisition pace he put the company on but he was able to pick up some ripe fruit (companies) for low hanging fruite prices(steeply discounted relative to their market value in better times)...and because he wanted to entertain takeover-merger/partnership offers to protect shareholders and to also take this thing to the next level.
 

That didn't sit well obviously with the former CEO and management team so they ousted Lorne and came back in.

Well...IMO these guys ARE NOT WARREN BUFFET AND CHARLIE MUNGER and them stepping back in represents an admission of failure imo...and to move forward into the digital space-and go back to be MUZAK? 

I don't own shares anymore getting out with a small gain over $1.00 per share...but when you see a JA poster like Titot saying to inbox him/her for information and something represents upside?
 

That may unfortuntely be interpeted as the kiss of deaths of all deaths that parties endorsement for a trading opportunity and nothing more and their track record of success on that front is utterl abysmal.

 

Your better off adhering to DreadDogs perspective of taking a long view from an investment perspective IMO.


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