Post by
gibbonsj on Dec 01, 2023 12:11pm
what I don't understand is
Personally I think we should have stuck with the ATM. The thing is though for the right acquisition there are many ways of financing it. ATM is the most shareholder friendly but for the right acquisition dilution by other means does not necessarily means devaluation of shares. I have seen it many times over the years where the acquisition, being transformational, gives sp a large boost. This occurs when shareholders or stakeholders of the company being acquired buy shares in the acquiring company, new blood so to speak. What I don't understand though is posters like tropical have been posting here for years they have made it clear ad nauseam that they think this is a garbage investment. So why haven't they sold and moved on? What do they see in this stock that makes them hold tight onto their shares? Why didn't they sell at $9.
Comment by
gibbonsj on Dec 01, 2023 1:21pm
Tropical you're evading the question. Why have you not sold? Until you answer that you can't be taken seriously.
Comment by
westcoastlogger on Dec 02, 2023 12:52pm
So Gibbons tell me something. This may be a real stupid question but what in the hell is 'rut.' We've got REITs, RIA, RSI, RFP, RMD, ROA, ROE, ROIC, ROI, but bedamned if I've ever heard of 'rut' unless your talking about a wild cloven hoofed animals mating instincts. Is it a ticker symbol?? Can't find it anywhere there either.
Comment by
gibbonsj on Dec 02, 2023 1:24pm
Russell index. Remember I posted our inclusion in the Russell 2000 was something that cut both ways.
Comment by
westcoastlogger on Dec 02, 2023 1:28pm
Oh the Russel. Of course. I had never heard it referred to as the RUT. Thx.
Comment by
gibbonsj on Dec 05, 2023 1:58pm
Good to see you olgriz. My interpretation of the cancellation of the ATM was that the company was being responsive to shareholders which is never a bad thing. It also said something positive about the large shareholders in terms of their commitment to the investment.
Comment by
Tropicalsun on Dec 05, 2023 4:09pm
Gibby, make up your mind already. One post you say the company should have kept the ATM and then after Olgriz posts you flip and say that your glad Greg listened to shareholders. Who's posts are laughable???