RE:RE:Benj Gallagher- still holding both funds - expects a double ZoranSto wrote: Thanks for the post. Yes Benj has liked them before and has been on BNN talking about them before and yes AJX tends to go up for a little while then crash back down...kinda what they are doing now. They just can't seem to get over the hump to sustain a share price over $1.....we will see what they have to say next week. But if the past is any indication they will say very little and report the numbers. They will give NO guidance, they will not discuss potential upcoming deals (if any) ....etc...
Retail investors will not buy this stock without any excitement from the management team. There are just better opportunities elsewhere. Other opportunities where the management is driving towards real, meaningful growth and profits. This company doesn't have a vocal strategy, or at least not one that has any positive outcome for shareholders. It's basically a playground for executives to make bonuses, options, big salaries. If wheelman is their play, they need to talk about potential profits 1-3 years out. Make shareholders excited and believe in the vision. And then execute! I'm surprised with the large share count that we haven't had more vocal large shareholders wondering what's going on. Unless they like having stagnant investments in their portfolio.
This stock is a travesty. One of the worst investments I've ever made. I hope it ends soon. I will not sell at this low price as I don't believe the share price reflects the value of the business. But I also don't think that value will be realized unless something significant changes.
I'd be interested in starting a shareholders coalition to enact some change. DM me if you have significant shares (>100k, ideally > 1M) and we can see if there is enough total interest.