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Posted On: 03/21/2021 7:16:24 PM
Post# of 148899
Re: ChasingWealth #83779
“ I find it curious we are having another investment conference call so soon after the last one. It is not their typically cadence.”
In the last call Nader stated that he wanted to have regular conference calls (I seem to recall him saying weekly - but am not 100% sure of that) to be “transparent” with shareholders. My concerns are: First, that these calls create unrealistic expectations. Second, frequency of conference calls does not create “transparency” - and in fact can undermine trust with overly optimistic timelines and projecting and/or implying results that don’t come to fruition.
I wish they would stay quiet until they have “results” to report. Tell me what you have done, not what you are going to do.
Read More: https://investorshangout.com/post/newpost/605...z6pn4AqSKh
In the last call Nader stated that he wanted to have regular conference calls (I seem to recall him saying weekly - but am not 100% sure of that) to be “transparent” with shareholders. My concerns are: First, that these calls create unrealistic expectations. Second, frequency of conference calls does not create “transparency” - and in fact can undermine trust with overly optimistic timelines and projecting and/or implying results that don’t come to fruition.
I wish they would stay quiet until they have “results” to report. Tell me what you have done, not what you are going to do.
Read More: https://investorshangout.com/post/newpost/605...z6pn4AqSKh
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