RE:RE:Maybe new shareholders do need a reminder ...nozzpack wrote: Meir bought a reciprocal deal on the assumption that with all that cash and Goodman's reputation that his investment in GUD would be a profitable .
After several years, it became obvious that Goodman's performance hardly matched his reputation which, projected ahead , was a disaster for Meirs investment.
It so happens that Meir called it spot on.
There is very little in the way of significant drugs in the pipeline and the LATAM investment is only reinforcing Goodman's incompetence.
So expect to see GUD continue to stumble, with share buybacks probably reaching $4.50.
A massive financing will be done at $4 almost all taken by insiders, and ordinary shareholders are left holding the bag.
Then Goodman announces a going private arrangement at $4 ..
The stupidest comment I read today on the Internet. LOL. Who would trade bad reputation for a lot of money? Is that you, would you do that??? Why are insiders buying? They have too much money and they want to burn it? LOL.