BO RE: CMKX
There are 2 items that make comparisons to the prior 2 years not completely reliable:
1. Roger Glenn
2. Goldak/TDEM
Personally I believe Urban attempted to make CMKX legit and to address naked shorting prior to 2004 but found the road far too rocky. You cannot win that game without firepower (and even so, it's near impossible against well-heeled hedge fund opponents). IMO, the above two items changed the game. And now strategies have shifted completely. Unfortunately, they are not to everyone's liking as far as time frames are concerned. So now people are deciding how best to handle the stress including, but not limited to:
1. Doing more research
2. Venting
3. Selling
4. Waiting
5. Going on vacation
Right now, Roger has been on board for a little over 3 months. Relatively speaking, that's not a lot of time, particularly if the end game is to become fully reporting. For now, I go back and forth between 4 and 5 above. I'm tired of waiting too. Yes, there are many unanswered questions. But I see things as different today with Roger guiding Urban and with the aerial survey at hand. If others disagree, that's fine. I'm willing to cut Roger more slack than 90 days, particularly with dividends approaching. His plan may simply require a bit more time. I don't think he selected 9/24 and 10/1 as his dividend dates arbitrarily. We will see.
Z
As always, these are my personal opinions.
Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.
