RE:RE:Good news from Setti and back in again! Agreed. Very misleading and I'm still not convinced there wasn't a hiccup in the process they're not sharing. I still don't understand why they would not produce a short video proving they're at point-of-sale at some locations already. If trucks were rolling on nov 27 there is nowhere in North America they couldn't have reached by now. I was a big supporter of this management group until now. I have to question their decision making abilities going forward. I still hold around 60k shares but I must admit I've been a seller since the fumbled 'nov 27 launch' (or lack thereof). I also don't like the lack of transparency since. It's disrespectful towards shareholders.
TheBigCheeze wrote:
I never doubted that TAAT is "real" but I still maintain that designating a specific date ....November 27, 2020... as "the launch date" was very misleading. Many investors expected "something materially significant" to occur on that date. Such an event would affect the SP positively but the reverse happened when the "launch" was a non-event and the SP pulled back. The launch is a "process" and not a "materiall significant" specific solitary event that would occur on a specific date. Many investors used that pullback to buy more TAAT shares but many others were not expecting a pullback after "launch".
Seti can say what he wants but I still maintain that his calling November 27 as "the launch date" was misleading to many investors and he should have known that November 27 would be viewed by investors as something a lot more significant than just another step in the ongoing process of launching and that date was not actually a launch as many investors would have intrepreted the word "launch".