Thanks for re-capping some of the key issues. Given this is a public company, the Board ( nee Richard) have a moral and ethical obligation to keep shareholders informed with clarity. Fluffy imprecise or generally vague announcements is not going to engender SH loyalty like we are seeing now. 400K sellers verse 91K buyers all looking for a bargain.
l got no idea about this Richard fellow, but from what l am hearing on these forums, he is just like all the other high flying CEOs. Does not give a toss about the share holders that risk everything in supporting his high risk venture, only to be treated with contempt. Please, l dont want to hear the lecture about only investing what you can afford to lose. Fact is, Richard and his cohorts have a duty of care to their share holders. This retrace is just showing me lots of others are thinking the same. l hope he gets that message pretty quickly. My greatest fear is he actually doesn't care. I imagine share holder letters get the same general brush off, not that l have bothered to send one.
PIQ Price at posting:
88.5¢ Sentiment: Hold Disclosure: Held
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