RE:RE:RE:RE:8 minutes ....I pretty much concur with your thoughts.
I thought this call was a bit of a waste of money, and a waste of time (my time, at least).
farmerman wrote: 1500.00 or thereabouts for a news release
was Hoyt off to run one of his other companies?
I imagine funds that called in will be pretty unhappy with this time waste.
If the market goes down tommorrow we could see 1.20 because of this call
I also got the sense that because one guy was presumably between flights, taking the call in an airport, that the urgency of this call for PHM was somewhat of an afterthought, perhaps a hasty response to a stockprice that has been spiralling down.
As a retail investor, I don't have much information to go on; but it seems pretty clear that PHM's stockprice had a huge premium for Dalsin's leadership and invovement, and that premium has been washed away.
Now, with this new guy at the helm (Hoyt), PHM will have to prove itself all over again.
I'll maintain my current position, only because I'm so ridiculously in the green that I can afford the luxury to wait and see how this new management team pans out.
Hopefully, however, the next conference call won't be held from some airport washroom with the new CEO almost dropping his tablet into the toilet at the start of the call (okay, I gest, but that's what I envisioned with the fumbled introduction by Hoyt).
GLTA!