Chalice Brands Ltd CHALF

RE:RE:RE:Finding Common Ground

[jutah70]

A Hologram - no personal attacks.  I am not afraid to call people out.

To keep this reply short - why do people sell?  From my experience in the industry (which is not even as deep as many others) I have seen all sorts of reasons.  And heard a few good stories of what has gone on.  People would be pretty surprised.

For anyone who remembers what I have posted in the past, I owned BNK.  No one could figure out the share disconnect and discount to their peers.  Then years later a tax dispute with the government.  Jurisdiction was keeping the stock down.  I was suspicious of the timing of the dispute as it drove down the share price even further.  Then came a buyout offer.  So I have an air of suspicion with what is going on with GLH.  But until proven I will chalk it up to manipulation.

If someone wants to get back at management they can bring a confidence issue up.  Look at what large or activist investors do when they want control.  Maybe someone wants one or some of the GLH players out and is tanking the stock to get investors riled up.  I don't know the story of what is going on behind the scenes.  If someone is screw!ing up then the board should step in and deal with it.

For closure on this issue.  You want to see a situation where management is running a company and not a stock.  Take a look at interviews done by the CEO over at APH.  He even admits he is not running things with the stock price in mind.  He is focused on the company's plan and strategy.  When you manage a stock you bend the pressure of any big fish who wants to make a fast buck.  GLH management is trying to address things.  I have said in a previous post that I will give them a few quarters to see if they are actually living up to their word and executing on their strategy.  It will take that time for investors to have any confidence to buy the stock back upward.