The market apparently was seriously underwhelmed by that upgrade, which may have needed to be from really dismal to only dismal.
In my opinion management has been funneling this company into bankruptcy for some time. Ineptitude is rampant and they have no idea (or intent for that matter) regarding shareholder value and haven't for a long, long time. But, of course, the implosion need not look contrived.
Now, ask yourselves who it is that will pick up the pieces at fire sale rates.
We all know that the landscape will literally change quite dramatically and that profitability will be enhanced. One can only wonder how management views the opportunity and what strategic plans they have made to roll out during this obviously auspicious time.
Aurcana looks cheap, but also appears to be not as nice a plum as we might hope. But if the price were right and the installation of more dynamic management would help, then it is still worthy of consideration.
Thanks for sharing that. Each and every application for our product is a boon to our business. And when it is actually a beneficial use, unlike building Tomahawk cruise missiles, for example, it is a sorely needed added plus in my view.
Perhaps the true deal killer was the proposed enrollment of Iran's central bank into the Rothschild system.
Search for, read the sort piece and watch the short video. It's on Zero Hedge.
The Fed, The Taper & What Happens "When The Kidnapper Wears Prada"
He's been a really busy guy. We should be thankful for him apportioning us some of his valuable time to save us from ourselves. I'll bet he wears a cape and has a big "S" on the front of his union suit.... and can leap tall suitcases in a single bound.
Did you leave your car keys at the bar again?