Uncertainty is always bad for investors, and I und
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(Total Views: 383)
Posted On: 11/15/2021 11:53:11 AM
Re: Retirement2 #33213
Uncertainty is always bad for investors, and I understand why the faint hearted are throwing in the towel.
Am I frustrated about the current situation, both the continued decrease in share price day after day, and the #CompleteSilence by the company? For sure I am, I am even annoyed by it. It really pisses me off not to know what is going on within the company, that I am heavily invested in.
But I am still trying to remain calm and collected, trying hard to remain realistic about the current situation, not allowing my frustration to take control over my actions.
Which leads me to the conclusion that we are no more or less informed about the current situation within the company than we were on Friday, or the week before that, or a month ago. And the reason why the pps continues to only know one direction is that
1) not everyone is still able to realistically think as I am still trying to maintain, and thus throw in the towel, and
2) the company still seems to require to issue more shares just to keep the lights on, and those newly issued shares are immediately dumped into the market.
Still I find it very much unfair to call it failed leadership that we haven't heard from the company. It is very much possible, that what I read in that email from Todd that they have obviously been given very strict orders not to make any kind of public announcements.
If that is true, then it also really pisses me off that the maybe the SEC is behind the ordered strict silence by the company not being allowed to publicly communicating with us shareholders. And they (the SEC) still believe that they are doing this to PROTECT US and thus doing us a favor, while in full truth and reality they are doing a disservice to us, causing a company to be run into the ground, in an attempt to protect us from being defrauded. This is what is truly UMBELIEVEABLE (if this turns out to be the real truth behind all this).
Am I frustrated about the current situation, both the continued decrease in share price day after day, and the #CompleteSilence by the company? For sure I am, I am even annoyed by it. It really pisses me off not to know what is going on within the company, that I am heavily invested in.
But I am still trying to remain calm and collected, trying hard to remain realistic about the current situation, not allowing my frustration to take control over my actions.
Which leads me to the conclusion that we are no more or less informed about the current situation within the company than we were on Friday, or the week before that, or a month ago. And the reason why the pps continues to only know one direction is that
1) not everyone is still able to realistically think as I am still trying to maintain, and thus throw in the towel, and
2) the company still seems to require to issue more shares just to keep the lights on, and those newly issued shares are immediately dumped into the market.
Still I find it very much unfair to call it failed leadership that we haven't heard from the company. It is very much possible, that what I read in that email from Todd that they have obviously been given very strict orders not to make any kind of public announcements.
If that is true, then it also really pisses me off that the maybe the SEC is behind the ordered strict silence by the company not being allowed to publicly communicating with us shareholders. And they (the SEC) still believe that they are doing this to PROTECT US and thus doing us a favor, while in full truth and reality they are doing a disservice to us, causing a company to be run into the ground, in an attempt to protect us from being defrauded. This is what is truly UMBELIEVEABLE (if this turns out to be the real truth behind all this).
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