Non-Update Update
particleswaves(Dennis Smith) DIAMOND JEDI
Hodges and Associates - February 16, 2010
« Thread Started Today at 4:45pm »
Non-Update Update
Fellow Shareholders,
Al and I are well aware of the perceived need for an “update” from this office; however there is still nothing salient or juicy or final to share one way or the other, at least at this moment. Al’s position for some time has been that as long as things are fluid and “in process” he would have no formal update to the shareholder base, preferring to hold formal “news” until release of shareholder funds has irrevocably taken place or conversely, until he was convinced it wasn’t going to happen in a timely manner. The “process” continues, nothing is yet “etched in stone” and accordingly, there is no definitive Update.
As for the “rumors”, IMO that’s precisely what they are, well-meaning or not as the case may be. I’m continually reminded of the Psychology 1A experiment where one class member is told a story or a set of facts and is asked to pass the info on to a fellow class member who in turn is asked to pass it on etc., and by the time the story gets around the room it is largely indistinguishable from the original.
I would again caution everyone not to count their un-hatched chickens. While it indeed may turn out to be the proverbial bet or “stock play of a lifetime” and pay off “shortly”, there is always Murphy’s Law to deal with, not to mention the Law of Unintended Consequence. IMO, the most reasonable posture at the moment is to remain cautiously optimistic, hoping for the best but at the same time getting on with everyday business.
Regards,
Dennis Smith
Hodges and Associates
(particleswaves)
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1 comment:
It should not be mutually exclusive to provide shareholders with some kind of update that actually contains real information about our current status, and yet not reveal our double-secret-probation strategy to the opposition.
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