With SM as the driver, we are not sitting in the backseat as most shareholders are, we are kept in the boot - with absolutely no idea what is looming ahead. It could be a disaster with another 6-12 month delay, or it could be a winner with approval anyday.
We have absolutely nothing to work on and we won't be told if it is disaster or winner until AFTER it happens and SM decides to open the boot and tell us.
We get into bed with this company to be part of the journey, and they treat us with only passing thoughts and a few words at the breakfast table.
Investors have a right to know what is happening and what is looming, warts and all, so they can assess the scenarios that may confront themselves and the company and make some considered decisions.
But SM doesn't give any information that allows such assessments to be made. With him we are only told what has happened.
With SM, we get the proposition, then we get the ejaculation.
Between those events there is no foreplay, pillow talk, words of warning or encouragement to guide us or enlighten us. No background information or progress statements. Nothing is said.
Thus, when the announcement is finally made it is usually a big surprise out of left field - and too late for anyone to make considered decisions about managing their TIS investments.
TIS Price at posting:
40.0¢ Sentiment: LT Buy Disclosure: Held
