OTCPK:MGMXD - Post by User
Comment by
BoldForbeson Nov 13, 2015 7:51am
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Post# 24288129
RE:RE:share price pull back
RE:RE:share price pull backI know I probably come off defending management, by comments such as they are learning from mistakes, etc. but I think RDK you just hit what was bothering me on the call. The management team set 2Q up for a great 3Q story; but 3Q came off weak compared to the expectation which they set; as well as the call came off as unprepared.
I dropped off the call after the 3rd question regarding cost of investment; so please let me know if I missed anything.
I believe renewable energy is the right sector; I do have patience and am looking several years out; but I don't want this company to turn into a story of "just wait until next quarter." This holds up for only so many quarters...
Materialgirl, your cash outflow is actually much larger than the deficient since they have assets on the books (some good, some bad, some just beginning).
Enjoy your weekend,
Bold Forbes