RE:I just got a downgrade alert from $7 to $5"Like I said last week CREW just might be the PIPESTONE of 2024. A lowball buyer will swoop in and maybe offer a small premium that won’t even be close to the 52 week high."
Crew Is NOT Pipestone. Why? Because the mgmt & bod of Crew have A LOT skin in the game terms of financial & pride compared to Pipe mgmt where they basically had NONE. If anyone is going to end up like Pipestone or to what i've labelled as Painted Pony II, it's Birchcliff. And its not because the Birch guys have no skin in the game either, they do, but even that won't be enough to save them when its out of their hands completely. Crew still has time, resources & options available to them to avoid a similar fate. But time is running out on Crew as well and they shouldn't linger/waver on that or dilly dally either.
I think Crew mgmt & bod have smarten up in the last 4 years, since the Painted Pony debacle and have come to realization that SIZE will matter and things MUST change for them to survive in this environment. So i think this time around they will be more open minded and amenable/amiable to some "decent" offers should they come up.
I understand your frustrations here sir, but the reasons why you're in this situation in the first place is because your "expectations" are/were flawed & misplaced INCLUDING listening to the wrong folks like the naggers of the world, who you've cristened to be more knowledgeable than poor Mr. Nutbagz. At least that comment gave me a good laugh (which i almost fell off my rock'n chair btw! lol!), but it's also shed some light why your investments, like Crew, aren't exactly doing so well either with that type of logic & reasoning like that!
Listen to the smart & knowledeable folks who have a good track record and you WILL do well, listen to the wrong people who don't know anything......well.....you KNOW what that will get you and where that will eventually end up .....right......8)?
GLTA