RE:RE:RE:PRICE TAGETOne thing that's a sore point with the market is doing so many deals through dilution. Before they even give the sp a chance to recover they pop another one on us. Under such a barrage even the most faithful begin to question management's sanity. How does anyone expect the sp to climb when it is under constant stress like that? It was only 2 or 3 months ago that Cam Battlely stated in one of his interviews that management would slow down in issuing equity to finance purchases. They stuck to their word for awhile and the market responded favorably but then they started up again and here we are stuck in the low $12 cycle. The market naturally being skeptical for anything beyond its nose questions whether all this expansion will eventually work out for shareholders.
I guess for investors they just have to trust management knows what it is doing in attaining the long term goal. They sure aren't making it easy on us when we see so many red days. I can't even remember the last time Aurora had a great green day for the sp that we could shout about. Hopefully in the not too distant future we can all have a good laugh over these current prices and finally start to live up to the analyst's expectations.