RE:RE:RE:RE:RE:RE:Probably just resetting expectations If I remember right the primary objective of the Steve experiment was to free up Cynthia's time to focus on other things. I'm still a bit shocked that she invested the time I've learned that she did into individual responses to individual investors - but that's what she was doing. If Steve has given her some of that time back to do other things - it's a success - especially given some of the characters we have in here.
On noisy and rancorous down days I also wish for silence - but disclosure is always better than not having it. I am of the opinion that ALL of this stems from their inability to talk about anything to do with transactions - it creates a gap between what they are doing and what they can tell us. Managing that gap can get messy as it gets wider and longer - and then people get spooked - perceive the gap and assuming the worst - even when we are told over and over again that 1. Our objective is to sell. 2. We are making progress. 3. We are happy with our progress. 4. We are doing things that are only done when working on deals. 5. Independent 3rd parties are also doing things with us that are only done when working on deals. And 6. We can't and won't tell you anything until we have something to announce.
we know all of these things.
But raise some cash? Say that it could be used to do something rationale like continue to develop the property by whoever it is that is developing the property? And that equals no deal in the works?!
no it doesn't.
How about this? That gap you're sensing? The 'things don't add up' feeling? Maybe that information gap is a deal on the way. And by maybe I mean go back and read points 1-5.
of course that's what it is.