GREY:LSTMF - Post by User
Comment by
heraclituson Apr 23, 2014 1:31pm
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Post# 22482208
RE:RE:RE:RE:RE:RE:RE:Short History
RE:RE:RE:RE:RE:RE:RE:Short HistoryMy suspicion is that if management were turfed not by a well organized, well planned, well researched alternate slate, but by a simple negative vote the market would go into disarray for a long while until the new management was installed and had a track record. During that time SP would go down at least $1. New management would likely be either friends of old management or clones of old management. It would be rare luck to see a stellar team put in place. So it would take a long time for the SP to go back up to where it is now. Remember markets do not like uncertainty.
Five months ago management put forward a new plan. It takes time to get results on a new course. I prefer to wait and that is where I see the smart path. I respect your right to be angry. I am as well. I have even more respect for your right to vote your shares exactly as you see fit.