RE:RE:RE:RE:RE:RE:news
Hi Patience - I just read this news release on my phone before I got onto my laptop for the day, and here's my quick impression, before reading any comments here.
The news release is symptomatic of Martello's communication strategy in terms of substance. It reminds me of how John said he realized the share price is undervalued. My initial thought - OK, that's fine but what are you going to DO about it. Words without action is empty.
Secondly, Martello seems to think average news is equivalent to a "eureka" moment or they seem to put an attempted excitement spin on results. Like their stupid news release on last results, but on their site they put the same news release a few hours later but the title includes the word "R E P E A T" in large letters. As is the financials are somehow equivalent to having power windows on cars as a feature nowadays - whoop dee do. There is also a lipstick on a pig illustration I can use, but you get the point.
I am sorry to say this but this news report is not much different than positive sentiment on this board sometimes about what Martello can be doing. IF Martello had a track record of underpromisng and overdelivering, maybe the optimism will be warranted. But Martello (and John Proctors) word is worth as much as a diploma from Trump University.