Anyone looking at it objectively (ie not the extremist-rampers), will answer company performance (comparative to what's been achieved versus what's been told to us, or "planned") and years of misguidance, has even the most seasoned holders asking questions and getting fed up with the inability for a company to achieve just one thing they aim to do within a reasonable timeframe of their estimations.
Mr Lambo compares the crap management at LKE, like that's some kind of bragging rights that we're not as bad as them. But you'll note no one compares to other companies who can achieve deliverables to their shareholders on time, therefore increasing shareholder value, increasing trust in management, demonstrating competency and experience, and not becoming one of those companies talking out of their asses.
You know it's gotten bad when you have to add at least 2 years onto any expectation or estimation of a key milestone being achieved, to obtain a bit more accuracy in when it can be expected.
Luckily, this is a heavily traded stock, as hype/let downs are common place, so makes it easy for the traders. I believe I'll be able to get out unscathed, as most will (apart from those who bought at the top, will be waiting for a very long time yet IMO). Fact doesn't change that this has been a terrible ride for anyone who chose to stay loyal.
AGY Price at posting:
13.5¢ Sentiment: Hold Disclosure: Held
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