Replies to Msg. #729150
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 Msg. #  Subject Posted by    Board    Date   
08656 Re: appreciative wavoids buying at 70 cents
   Hi dig, I agree almost entirely. But I've said for many moons th...
Cactus Flower   ALEA   27 Jun 2012
8:07 PM
08652 Re: Dig
   Are you still long WAVX?
Down And Out Man   ALEA   27 Jun 2012
8:01 PM

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Re: appreciative wavoids buying at 70 cents

By: DigSpace in ALEA
Wed, 27 Jun 12 7:56 PM
Msg. 08650 of 54959
(This msg. is a reply to 08647 by Cactus Flower)
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It is ultimately a wealth transfer,

somebody who bought 1% of the company at $5 will see their 1% eroded by those who buy 1% of the company at 70 cents.

It is the reward paradigm that management and the BoD follow ... don't be so foolish as to go long, structure things in terms of refreshing options and happy talk to people to get them to fund your salary.