Beas, that may be the best thing to do with GNBT s
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Posted On: 01/23/2020 3:09:21 PM
Beas, that may be the best thing to do with GNBT surgery or no surgery right now!
Look, if anybody here hasn't figured out that if you pull a knife on Joe, he will respond with a gun, then that's on you. He is a street fighter to the end, and he totally believes what he is doing is right and is currently the best that anyone can do for the shareholders. When someone questions that, he takes offense, and he hits back. That is his style, and all the wishing this and wishing that isn't going to change it.
I said this back in 2012 or 2013, on the Digi board - buy the stock and you buy the management. If you don't trust Joe by now, it is probably time to take your losses and move on. If you think GNBT is going to be a home run and you don't want to miss out, then you really do trust Joe and his leadership; you just don't like the way he presents himself when attacked. OK, but you don't have to be a swell guy to be a leader; I think you all can come up with bunches of names over the course of history that has proven that.
My take on the CMF "rebuttal" is IF they want to advertise that they are amenable to a negotiated resolution, then they know they have crossed the line somewhere and don't want to take this all to court. If you are completely guiltless, you don't say you'll accept a negotiated settlement; you say "see ya in court, pal" or you STFU. So if the tenor of their rebuttal is "let's talk and work this out for the shareholders", then they know they have a problem. That would go for Joe as well, but to date, I haven't heard him saying anything but that CMF screwed us.
Finally, the pps. Who's selling? I suppose it might be CMF, Veneto or some other entity, but the volume suggests it's the MMs trying to create some movement. If nobody is interested in buying, you drop the price and drop the price and drop it some more until someone does buy. You meet bids if they are out there, and you create new lower bids if they aren't. At some point, GNBT will either fail spectacularly (and we'll all be out of luck) or news will come (FINRA, dividend, S1, NGIO, Altucell, revenues, whatever) and normal investors will take notice. Until then, the MMs will drive it whichever way they think will make them a buck or two to make it look like GNBT is something beyond a leaf drifting on a stream.
My opinion, your mileage will vary.
Look, if anybody here hasn't figured out that if you pull a knife on Joe, he will respond with a gun, then that's on you. He is a street fighter to the end, and he totally believes what he is doing is right and is currently the best that anyone can do for the shareholders. When someone questions that, he takes offense, and he hits back. That is his style, and all the wishing this and wishing that isn't going to change it.
I said this back in 2012 or 2013, on the Digi board - buy the stock and you buy the management. If you don't trust Joe by now, it is probably time to take your losses and move on. If you think GNBT is going to be a home run and you don't want to miss out, then you really do trust Joe and his leadership; you just don't like the way he presents himself when attacked. OK, but you don't have to be a swell guy to be a leader; I think you all can come up with bunches of names over the course of history that has proven that.
My take on the CMF "rebuttal" is IF they want to advertise that they are amenable to a negotiated resolution, then they know they have crossed the line somewhere and don't want to take this all to court. If you are completely guiltless, you don't say you'll accept a negotiated settlement; you say "see ya in court, pal" or you STFU. So if the tenor of their rebuttal is "let's talk and work this out for the shareholders", then they know they have a problem. That would go for Joe as well, but to date, I haven't heard him saying anything but that CMF screwed us.
Finally, the pps. Who's selling? I suppose it might be CMF, Veneto or some other entity, but the volume suggests it's the MMs trying to create some movement. If nobody is interested in buying, you drop the price and drop the price and drop it some more until someone does buy. You meet bids if they are out there, and you create new lower bids if they aren't. At some point, GNBT will either fail spectacularly (and we'll all be out of luck) or news will come (FINRA, dividend, S1, NGIO, Altucell, revenues, whatever) and normal investors will take notice. Until then, the MMs will drive it whichever way they think will make them a buck or two to make it look like GNBT is something beyond a leaf drifting on a stream.
My opinion, your mileage will vary.
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