Management isn't going to announce every change to
Post# of 30025
Posted On: 11/30/2014 3:27:42 PM
Management isn't going to announce every change to shareholders, at least not until later in the course of events. Doing so could jeopardize ongoing negotiations, and give competitors an advantage. If the company had announced a year ago they were trying to acquire ESS, and had worked out a plan to settle the lawsuit, they would only be inviting competitors to take another look at the asset and perhaps make a bid for it themselves.
In the conference calls, there have been a number of changes in direction announced over the last couple of years, and the reasons for the changes. The company is not keeping shareholders in the dark on changes in strategy, but I'm sure some investors feel they have a right to know the moment the change in direction is approved. That's not being realistic. Shareholders and the public are always the last to know, which is why there is risk in any investment.
Seriously, if I had as many concerns as some here, I would sell my shares and move on.
And for the record (yet again), those who believe I have my head buried in the sand are morons. I have a lot more invested here than most (>$300K), but I believe in my DD and I have maintained open lines of communication with management, where I voice my concerns. And those who claim I have too many shares and express my fears with my investment by ignoring valid concerns are also morons who can't understand that I have a level of peace and confidence in my investment here that they could never have. I am not insulated because I have too many shares. I built my position over time, not all at once. If I was not confident in this company and where they are headed, I would not have continued to invest more money. So I have to question the intelligence of anyone who makes the claim that I have too much invested to be objective. That clearly demonstrates complete ignorance of reality and/or jealousy, both less-than-admirable traits for an investor or a human being.
In the conference calls, there have been a number of changes in direction announced over the last couple of years, and the reasons for the changes. The company is not keeping shareholders in the dark on changes in strategy, but I'm sure some investors feel they have a right to know the moment the change in direction is approved. That's not being realistic. Shareholders and the public are always the last to know, which is why there is risk in any investment.
Seriously, if I had as many concerns as some here, I would sell my shares and move on.
And for the record (yet again), those who believe I have my head buried in the sand are morons. I have a lot more invested here than most (>$300K), but I believe in my DD and I have maintained open lines of communication with management, where I voice my concerns. And those who claim I have too many shares and express my fears with my investment by ignoring valid concerns are also morons who can't understand that I have a level of peace and confidence in my investment here that they could never have. I am not insulated because I have too many shares. I built my position over time, not all at once. If I was not confident in this company and where they are headed, I would not have continued to invest more money. So I have to question the intelligence of anyone who makes the claim that I have too much invested to be objective. That clearly demonstrates complete ignorance of reality and/or jealousy, both less-than-admirable traits for an investor or a human being.
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