posted on
Oct 22, 2011 12:33PM
First time poster. I have been reading agoracom for a long time. I have been a very large holder of SLI for 7 years. I also am an insider for a public company. What I do think is Murry made a mistake in telling us that there was a blackout for insiders. When I am in a blackout I cannot tell anyone for obvious reasons that we saw here this past week. The only time that it is not a big deal for me to say that I am blacked out is when we are awaiting financial results for each quatar. I can almost bet you that he will not make this mistake again. The news we got was to keep the venture happy and that's all. They would still be in a blackout. There are some things that he can not tell us. That's just the way it is. I do agree with some posters out there that are upset with the news release. That last release did not tell us anything that we already new. Next time I would hope that they would give us something with substance.
When releasing news one should always consider the ramifications it will cause. It would have been okay for them to tell us that they have X amount of holes drilled and awaiting results or something like that. That would have made the exchange happy and us as well.