RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:OuchI don't take issue with any of your points, but calling holders delusional is kind of petty, isn;t it?
I'm a holder, I am not delusional. I also have a 3-10 year window on my investment.
Could I be wrong? Absolutely.
Is shorting why the companies price has dropped? Not likely....
Is today's share price good? That all depends on what you believe.
I don;t mind opinions, but attacks against your opinion, when you are not a holder of shares, is telling of what your actual reasons for posting may be.
Maybe I am wrong, who knows. You won't shake my shares, and I am happy for you to do it to others, I'll pick them up lower with no issue.
Cheers!
wonderwhy55 wrote: I think that it's important that these forums are used to describe negative opinions about a company and stock as well as positive ones.
Or do you prefer to only look at companies through your rose colored glasses where the company is always right and can never do wrong?
I have stated my opinion of their business. I'm hoping to hear some well formed arguments on why I'm wrong but I have yet to hear anything substancial. The holders here are delusional. The management may have a few smart people but it doesn't necessarily help a failing business. They seem to be doing a great job at convincing you, the lowly retail investor, to buy and hold their shares and they are doing a lousy job at having any firm with substancial capital do the same. Hence the share price is tanking.
You will blame this on "stock manipulation" or "shorts" but frankly here, the issue is complete lack of buying interest.
I think the reason is because these buzz words are music to your ears but the real money see through the smoke screen at reality.
I do not need validation in my decision. I have already saved $2/share loss by selling at $10. I can only see the stock drifting down from here. Profits will be elusive for years and will be miniscule if they happen at all. A share issuance will be required and further dilute existing shareholders.