Have to wonder the point of asking a company to remove a Wall St interview with a CEO-makes zero point to me-let Gupta be reminded of his words-he made a bullish statement-sold shares...fwiw' at this point other than non performance based options chances R the salary
base is pretty low and expenses would possibly be offset by raising of capital thru selling
of shares in companies still this small cap to emerging cap status and trying to do what they can
to stay thin-the monies raised a good portion of it can be or could be directly related to raising cash out of the princiapls own pockets related to dog and pony shows...and anybody else beside me actually done/gone on a dog and pony show tour?
It ain't easy...it ain't cheap and its tiring as old he-ll-and you got to be a true believer or competent deciever to come way with a better than 30% success rate for every 10doors you get opened and only 50% of those that actually opened even slightly...inviting you in.
Not to mention the utter smoozing you have to undertake even if you don't want to...if your tired...your suitcase already more wrinkled then the clothes within-to many late nites
spent sucking back Mai Tia's Harvery Wallba-ngers and Tequila shooters while cruising
around looking to pick up a lot lizard for $100 an hour....and all you want to do is go back home
even if what you have waiting for you (or not waiting) is the sole cause reason you went on the
road to get away from her (him or them for some) in the first place.
It ain't easy and I can guarantee with who Gupta is meeting with-he won't impress to many of the pressed pinstripes showing up at an IHOP and inviting them back to a Holidy Inn Express to talk turkey..instead he would make himself and the company look like a bunch of them by comparison.
So let Wall St reporter/interview stay on the corporate website-all that has happened here since the Samsung deal is understandable...not material in only that the share price has declined..sure that is material...but the rest of it is undertandable.
Investor expecation waning on the perception of nothing being done at the store and now even the prince of profit himself Dome calling for the CEO's head in so many words-this happens alot of times in cases of over exposure-and should be easily understood as well.
Where the understable and acceptable ankst comes in-and has drawn my ire as well...is the way the PP was announced-first with no strike...than a strike given...than a lowere strike
sent to the wires.
But...and I say that with a capital B...is I have with two partners had to lower a strike and sweeten a warrant package with two partners involved trying to get a private entity off the ground AFTER verbally coming to an agreement and having to other suitors money spent on...wined and dined and willing to wade in under very near identical terms minus this or that to what gets agreed upon with your lead financier you make the decision to go with...and then the lead guy who you made the deal with-all of sudden comes back and says.."I over estimated the firms appeitite for risk-we need to re-visit the terms of the deal..." and you already probably and possibly just burnt the bridges of the two groups representing a loose consortium of investors you sent packing after they put in time-resources and human capital to considering backing you...and typically you ain't able to call them back up and say..."Okay guys...can we revisit this financing situation again-if your still interested?"...chancesR your getting a big loud click...from what I know on this...Gupta didn't sell anyone out as much as his feet were being held to the fire while his hands were tied-such is what happens if your a small minnow and decide to think
your all of a sudden able to swim with Sharks just because you announce the biggest player in your sector-being signed with your name.
What wold have propelled this thing to the .75 to $1.00 level was if Gupta would have had enough foresight to arrange an equity injection by Samsun or Toshiba and their financial division-that happened at the time and look out...instead we got fund money and high net worth clientelle and some Asian no names coming into the funding...I hope there is a no shorting clause written into the participants paper for asians investors are notorious in the past on small stock exchange stocks i took part on including the NASDAQ small cap exchange for shorting their own long investments-making it up and down in 3rd party accounts...but we'll see what happens.
Has the prospects changed?
Less somebody has information I don' have...(which on this one can and sometimes IMO probably did/does happen)..no...nothing as far as the upside going forward of a positive expectation/nature has changed...what has changed is one or two uberlongs are now totally
disenchanted with the CEO-changed their perspective without keeping any-and the valuations went down .01 per share from the previous close.
That is ALL that happened that I and anybody in the flow of actually publicly available information
have been exposed to.
I would suggest to any and all once again...do not overweight in any one stock no matter the story being spun...understood or professionally forecast...but to take as large a position as they can relative to the size of their portfolio and to sell HALF...SELL HALF on any double from their average cost per share overall...and to NOT BUY IT BACK even if it declines...for once your own risk principal is removed and out of the equation? you have insured yourself against any total and outright unforseen event that could see total and catatrsrophic investment loss to ones portfolio...case in point I have appx 53,000 share remaining of TNG selling half as I forecasted on this stock and any other company my money is placed...in advance of it happenning for this is a standard shawshank disclaimer how other investors should consider how to mitigate investment risk in spec plays...having sold my principal recovery in the .53 range on the 2nd stage of the Samsung PPS rally-what I have left is all profit as once your recover your principal totally...the average price of your investment becomes 0 because what is left behind is all profit...every share-even tho in my case the actual value will show .155 per share.
IF ONE does this on TNG or ANY Stock it not only removes the inability to sleep and need to stay stuck to a PC screen and trading platform all day long for fear of losing ones shirt should things happen of an unexpected and unforseen nature...it also allows one to post with complete objectivity and semi detached in the process.
Something at times I do not see here as much as I would like to on a day2day basis.
But...that's just me...you all can do what you please as it is everyones right to conduct their affairs accordingly-but the saying "a fool and their money soon parted" probably originated
from someone that bet the farm-heard the chickens doing their "any co-ckle-doodle- do"
saw the price of the farm double-and didn't just sell the chickens and recover his purchase price of the land and walked away with everything all paid for free and clear and in the end lost the total farm anyways.
And...I won't even start to talk about the freakin cows.
SS