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International Bio Recovery Corporation V.IBR



TSXV:IBR - Post by User

Comment by Flexy6on Dec 01, 2000 6:23pm
164 Views
Post# 2922618

RE: Management

RE: ManagementThe fundamentals of IBR are as we speak making fifty-two week highs. At the same time the stock is being propelled lower to fifty-two week lows by shareholders who are apparently new to the Equities Market. The reason you give is that the company is not making the shareholders happy. Has it ever occured to you that management's function is to provide a bull market in revenues and profits? This management is doing exactly that..in spades. The reason the stock is dropping is that a large percentage of shareholders are selling. I am not a psychiatrist-I am a securities analyst. I simply do not fathom why an owner of shares would sell a stock making new all-time highs in sales, revenues, and profits. Unless, of course, there's a need to raise money.
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