TSXV:MRS.H - Post by User
Comment by
TheRevenant2016on Jan 12, 2018 10:55am
106 Views
Post# 27341874
RE:RE:Companies Should Not Cow Toe To Overzealous Investors!
RE:RE:Companies Should Not Cow Toe To Overzealous Investors! Depends. When companies respond to an email and ask for a call vs replying in print format its typically cuz they don't want to leave a paper trail. I am always suspect of that when i see it.
In regards to MRS? Jeff Schwartz is a decided departure from Reum in that shareholdres have much better communication and transparency provided IMO.
I do believe they blew the whad on hosting a Conf Call without the PO in hand but they had to be aware that it was getting long in the tooth and YE was approaching. I also believe they knew they would not have the PO by YE so that was the purpose for hosting the Conf Call. but the discussion on the Sept 6th dist deal was to vague then and to vague now for my liking and experience as an investor. as a deal gets closer to closing typically companies "pound the table" just ahead of it being announced and smart money comes in typically indicative of large influx of volume (OBV indicator in TA terms) ahead of whatever was so big that it changes a companies fortunes...image...market cap..respect and investment grade levels etc etc.
Were not pounding the table which is odd to me if the PO was close at hand and the volume is anemic tho the share price is remaining above .30 (which is good) despite little to any public communication vs selective stuff showing up here or with the FB group.
Problem with verbal vs written company correspondence when you inquire is that verbally you can be told anything...even what you want to hear vs need to hear...when you get a response...there is a paper trail.
fmanner wrote: Personally I think there's more downside than up contacting companies. You will never get anymore info than the market. And if you do that company won't last long. Not to mention it makes the process more personal and thats a big danger. It's just a other way manipulators on these boards play games. Anyone notice the blood letting in the mj space today?