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Message: Turley's Red Button

Turley's Red Button

posted on Sep 07, 2007 10:35AM

Turley's statement about the red button was cute and all; but I wish he would have at least provided an explanation as to why "he" thinks the stock price is so low and why the stock gets NO RESPECT. 

Is he saying supply and demand?  Patriot simply has too many shares and not enough investors who want them.  So he needs to get the word out and by back as many shares as he can?  Is it the law suit?  Is it Swartz dumping the core?  Is it the PPO?

 The fact that he doesn't elaborate makes me wonder if he knows exactly why this stock is being pounded despite lots of good news.  Pohl said he was perplexed about the SP performance.  It's the CEOs responsibility to determine the reason for the very weak stock performance and let us know how he intends to fix it. 

I may send investor  relations an email and request that Turley go into "a lot" more detail about the SP performance in his next report.  I think we all have a right to know what the real problem is.

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