I am back. So is SGH, page-699

Indeed interesting times ahead.

We have been told by some that hedge funds will do us harm.

Did those posters provide evidence with this? No

Research shows the opposite is more likely.

Hedge funds may actually help the current shareholders.

Why? Because we are on the same page. We both (hedge funds and current shareholders) want a successful company and an increased share price.

How do I know that?
https://www0.gsb.columbia.edu/mygsb/faculty/research/pubfiles/4128/Hedge fund activism Final.pdf
‘The presence of these hedge funds and their potential for intervention exert a disciplinary pressure on the management of public firms to make shareholder value a priority.’

It is a long article but worth the read in my opinion.

Achorage NY could be our friend because they will advise management to get their act together to make this company great again.

It appears they have already started the process by letting us complete and embed the restructuring and performance improvement plans.

Successful company = rising share price.

All in my opinion.

My tip for the day:
If anyone post something or have a statement or opinion to provide ask for verification.

Substance is the keyword.

You will know what I mean