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First Majestic Silver Corp. Message Board

alahendrix 14 posts  |  Last Activity: Jul 18, 2014 10:20 AM Member since: Jun 18, 2003
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  • alahendrix by alahendrix Jul 18, 2014 10:20 AM Flag

    shareholder rights plan the stock has gone down. What does that tell you about this lecherous management team and board?

    I mean seriously, this management and board are so corrupt it is really sickening.

  • Reply to

    SYNC KEY QUESTION

    by caminocasa07 Jul 16, 2014 12:17 AM
    alahendrix alahendrix Jul 17, 2014 10:16 PM Flag

    Exactly. With Levy in control of the Board, the Board being easy lapdogs and pay takers, and left to their volition, this stock WILL end at zero.

  • alahendrix alahendrix Jul 15, 2014 10:39 AM Flag

    This is 100% rational and grounded in fact, vision, and foresight. These other shareholders are 100% right! The board and management team is taking the company into the proverbial toilet bowl. Every metric has declined over the last two + years. They have squandered the cash and it continues to decline and with a new CEO it'll take another huge hit. As the cash declines, and the company continues to lose money, the safety-net that was once there will be gone thanks to Jordan Levy and this corrupt Board.

    Recall, the board is not buying any shares here for themselves. Why is that? If they believed why is no one buying in scale? And recall: the Board has been getting paid handsomely to be a Levy lapdog to do nothing other than destroy the real owners of this company. The only ones buying in scale are the outside shareholders who see very clearly what is very wrong with this company.

    If these new funds can't win this fight--prepare to lose every dime you have invested in SYNC. The current board will surely take this company into B.K. at current trajectory. And they have no real plans to turn it around.

  • alahendrix alahendrix Jul 14, 2014 10:19 AM Flag

    This is a Sprott favorite. So YOU KNOW IT WILL be a horrible stock.

  • Reply to

    new letter

    by hshreiber Jun 30, 2014 4:22 PM
    alahendrix alahendrix Jul 9, 2014 9:52 AM Flag

    what did it say?

  • alahendrix by alahendrix Jul 8, 2014 10:42 AM Flag

    and the stock tanks. Why? Because every new hire is just a drain on capital. This company WILL go bankrupt if left to this management team. Company. Must. Be. Sold.

  • Reply to

    Management is Full of It

    by alahendrix Jun 27, 2014 12:24 PM
    alahendrix alahendrix Jul 3, 2014 9:24 AM Flag

    Nothing will change. This company's management team will destroy any value left in this company if left to their own devices. 18 months ago I said what company hires massively into declining revenues AND negative cash flow without disclosing a single this to the real owners of the company what their strategy is, what the believe their ROIC might be, and what the payback will be.

    Seriously, this company is run by a bunch of incompetent, shareholder stealing losers.

  • Reply to

    Management is Full of It

    by alahendrix Jun 27, 2014 12:24 PM
    alahendrix alahendrix Jun 30, 2014 11:45 AM Flag

    There is nothing to look into for the SEC. It is up to shareholders to vote out the loser management team that will take this to zero if left to them.

    Trust me, the new funds are the only ones on the inside now with any real significant skin in the game of their own. Management has no skin other than free stock options and egregious salaries for destroying this company on the shareholder backs. Trust me, this won't change unless the new funds get this company sold to a competent company.

    Don't believe a word the current management team says. THEY HAVE DELIVERED ON NOTHING SINCE THEY WENT PUBLIC. This means the IPO was nothing more than a way for management to steal even more from the public sector. These guys are shucks. Period.

  • alahendrix by alahendrix Jun 27, 2014 12:24 PM Flag

    Synacor is merely defending their grand theft of shareholders and protecting their very own money spigot that takes money from shareholders and sends it to the insiders (free stock options that get sold into the market and salaries that drain capital for no results).

    First, they keep saying their customers are seeing great results with the android roll-out. Yet, in management's own words, and they haven't beaten estimates in over two years on a CAGR basis, they are going to lose revenue again this year and end with about 100 million in revenues--DOWN FROM 122 million in 2012. This is not progress.

    So they are essentially giving away their product for very little in the way of revs. Look at the single-sign on intiative for T.V. Everywhere. It is going no where. They make almost NO money doing this.

    In fact, all their talk of international growth, etc. has NEVER EVER panned out. They are draining precious capital and getting no ROIC for investors.

    So, in a nutshell, this management is not to be trusted. They should all be let go, and hopefully they will be as these firms fight for a sell .

  • alahendrix alahendrix Jun 26, 2014 2:40 PM Flag

    Excellent. Awesome. Someone is finally fighting for shareholders. These guys nailed it. SYNC has been run for the insiders and insiders only. They have shown zero interest in shareholder interests. This will not change or the culture with a new CEO.

    Synacor needs to be sold. No if's or buts about it if you want to be rewarded as a shareholder. Otherwise, you will see the insiders run this into the ground to zero as they continue to jump off with their gold parachutes (they get rich while shareholders lose everything!). That is precisely what will happen if you don't support the sale of this company: you'll lose everything and the insiders will lose nothing and continue to prosper at the expense of the shareholders until the company is b.k.

    Look at the direction of the company since it went public? Why did they go public? To enrich insiders. The direction will continue to be downhill unless this company is sold to an entity that can create synery, get rid of executive and duplicate overhead, all while lowering R & D. This company could sell for 150% premiumium easy.

    Just remember, insiders will fight against this: because they want to milk their salaries and free stock options (that they are selling into the market!) as long as possible.

    The end.

  • Reply to

    This is how you do it......

    by alahendrix May 15, 2014 4:16 PM
    alahendrix alahendrix May 15, 2014 4:22 PM Flag

    Oh.....and after the hedge funds start piling back in with more ideas for the company--that is when you will want to begin selling!

  • You buy the beaten down names that not a hedge fund in the world wants to touch anymore--they all left the building---that way they can't play you. Then, you load up on a name where the only central theme to winning is getting back to duping really dumb Americans that they have everything "on sale" for 47% off when in fact it is no sale at all. It doesn't matter. America is so dumb and financially illiterate that they take their little circulars and go running into their nearest JCP to buy junk made in China and overly elevated prices on their plastic credit cards and what to you have?

    You have JCP. That is an easy triple from here and all the idiotic hedge funds will want to come piling back in!

  • you are a loser. Look, I told you all many many months ago this company should have every executive burned at the cross. Then, a shareholder friendly person should have taken over the company's cash and re-invested it in anything but the business SYNC is in. Not only would you have preserved your money, you would be well on your way to a nice investment in per-share intrinsic value growth. Instead, you have a company that has drained the funds, diluted the shareholders, and have lost everyone involved a fortunue.

    And what are the insiders doing? Of course, they are jumping out the airplane with their golden parachutes.....most of them, like Frankel and Chamoun, selling down everything they own via free options for destroying this company.

    This is a joke of a company. Frankel should be tarred and feathered in the town square after having his testies cut off.

  • I don't get what stockman means by 80x trailing earnings for the Russell 2000. I see 19x trailing earnings everywhere I look. What is he smoking?

AG
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