Post by
fb454 on Oct 24, 2017 2:51pm
Here`s what mgmnt. doesn`t understand;
When a fund goes in to buy a large position of any stock; they buy it and go away. They don`t sit there and support the price. The more retail stockholders there are, the more trading and liquidity on a daily basis. The board of directors should rethink their strategy of hiring a CFO who just doesn`t have the experience. Besides being inesperienced, he`s arrogant about speaking with stockholders. Well let`s see how he and the rest of them do at this years AGM. Let`s also see when the BOD see their mistake.
Comment by
gonzo5 on Oct 24, 2017 5:00pm
that fb454 opinion ? Retail doesn't provide liquidity like “a fund” Supporting price is like taking your loss? Loser you are
Comment by
Weeble on Oct 25, 2017 1:15am
FB454, maybe you should run the company since you seem to be an expert on everything. There is obviously some kind of history with McCunn or past management and you. Personally, if I hated the management as much as you (I don't), I would sell no matter how good the story. There are plenty of fish in the sea. I wonder if you actually own any shares.
Comment by
fb454 on Oct 25, 2017 10:45am
All I stated was the facts. I have no ax to grind. Please name one positive thing they have done that wasn`t in the plan 2 years ago. I`ve worked in various forms of this business for 36 years. I do have a background.
Comment by
gonzo5 on Oct 25, 2017 4:13pm
Please spell me out the facts in these quotes from your post When a fund goes in to buy a large position of any stock; they buy it and go away. They don`t sit there and support the price. The more retail stockholders there are, the more trading and liquidity on a daily basis.
Comment by
auburn2 on Oct 25, 2017 4:28pm
Obviously it depends on the fund. Some will have a trader or traders supporting the stock and some won't.