Meesekde,
I enjoy reading your responses and analysis of this stock. I believe we are both still here for the same reasons, WLSA has a strong retail operation with tremendous potential. Will that potential be recognized or will it be squandered in the next friend deal. I guess no one knows for sure.
I want nothing more than to double or triple my position at these prices, but who can do that in good concious? Until we get real leadership that is interested in growing the company, I won't invest another dime in this company. How can we expect new investors with things the way they are?
My next concern is with Newlook. What happens when they control more than 50% of the shares? Do they effectively get WLSA for less than half of the bid price they offered a few months ago? Can the stock be removed from the exchange and be taken private? Will we all own worthless shares at that point? It would be nice to have this addressed by the CEO, but it seems he is fine with it. IN MY OPINION, this could be the only reason he is here.
Good Luck to all.
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