Once a persona is established it gets very hard to lose the image. Deek was unusual in his single-minded approach. Losing money sucks but not as much as failing to treat others with respect. We all know the risks here; that alone should keep us on the same page discussing all the pros and cons in a respectful way.
Too bad, as charboneus says, that management turned out to be the less than skilled at doing business in a straightforward way, and apparently more interested in lining their own pockets. If that's what they did, as Maude said, God'll get 'em for that.
"Can NextRadio app help make radio relevant for a digital audience?"
No doubt responsible for the uptick so far today. And if NextRadio *is* the answer, this stock's gonna double toute suite.
Sentiment: Strong Buy
Hard to see how this thing is going to recover. We live in a world that's weaning itself off of paper more and more every day. Hard copy seems to be a thing of the past, like coal.
"...but you, Desilva, and Massad. definitely knew when the price was $1.50 that in a few months it would trickle down if you didn't announce anything positive."
Deek, there's the weakness in your case. You can't prove that they believed IsoBlox wouldn't score big and just had to wait and the "hat" would catch on. Bad judgment isn't fraud. Certainly the discussions on this board at one point were somewhat positive that IsoBlox would succeed. On the surface it appears what they thought was in the realm of possible success. You need a smoking gun that unequivocally proves otherwise. Just saying they intended to hijack the company is sheer speculation on its face.
Securities fraud---any fraud---is very difficult to prove without evidence that's tighter than a crab's #$%$. Emails; conversations with more than one witness; damning official board minutes; wiretaps---all these things are difficult to come by. Smart fraudsters do business on a wink and a handshake; there's no hard evidence trail. There are only suppositions and circumstantial scenarios. Deek did a great job originally of reading the tealeaves, but in a court of law, tea leaf evidence just doesn't cut it.
I suppose it depends on the nature of the pension plan. Credit Suisse posted an article entitled "Who Loves Rising Rates? Beleaguered Corporate Pension Fund Managers, That’s Who." It discusses the impact rising interest rates can have on the contributions some employers must make to their pension plans and correspondingly on profits. Nothing though on what a 2% rise in interest rates could mean for any given plan; I'd think it would be considerable.
LTF recommended CLGRF a while back and so far it's about a 3-bagger at least. Speculation is that it will go quite a bit higher. Took some profits there; now playing with house money.
Well, if he had *any* case at all he was shooting himself in the foot by laying it all out here. The desperate tone made me wonder whether he was trying to convince us or himself of how this thing was unwinding. Compare this to the way LTF has approached his disputes with management--far more targeted and closer to the vest.
Deek, do you have a good securities litigator in your pocket? Time to start running all of this stuff by a good one. If you want to have a chance to make the kind of noise that will have an impact on the powers that be, now's the time to make serious moves with solid expertise in your corner. Battling them in public like this can't be good for your side. GLTY.
I got out--basically feel the same way dugmalus does. OIS still seems at best to be a field horse. I wouldn't yet write off the PC; I think it's possible that smartphones and tablets may wear on users the way readers have--there's nothing like the feel of a real book in your hands and many initial Kindle, Nook, etc. buyers are going back to the real thing. Likewise I can see folks tiring of the little screens as their main way to use computing tools. Certainly business will continue with the full-size PCs and may get less and less enamored with BYOD connectivity with their sensitive systems.
Why don't you get appointed to the board yourself? You seem to have the leverage to get that.
I used to know a man at a large organization who always threatened to quit anytime the going got rough. Brilliant strategy as it turned out. He ultimately retired as president of the organization.
Your style is absolutely unique, Mr. Deek. Fascinating. I'll stay in this until its worthless just to see how this thing plays out. GLTY.