I just do not get it. Last June, they said the correction in accounting was minimal. Now, 8 months later, we are still waiting. I hope there is a strategy to this, but hinestly, I don't think so. I just think they are incompetent. We will get out of this eventually, probably by end of January (Hope), still, I had great hope for this company when they were at $11 3 or 4 years ago. Now, I am just hoping to get out at $5 if I can
We're all in the dark for sure but the correction(s) may not be "minimal" afterall. $5 per share sounds great right now. However, if after all this, most of management is gone and a new direction can be truly seen, I may try to stay to see if their is upside. It doesn't look like it right now though and my patience (like that of all of you) is wearing thin with management that is not only incompetent but very self-oriented and makes decisions not for the shareholders but at the expense of them.
We are dealing with idiots. I just hope like you that we can get out decent. I sold 500 shares last week for tax write offset vs other LT 2012 cap gains. Still have 19,000 Pos of cmgi to unload.
HNH was secretly negotiating a loan with MLNK the interest on it was 10%. They want to steal all future earning using the loan as a tool. The game us rigged against us small investors. Where is the SEC?