...
2. "I think the publicity selling of TGC shares is quite dangerous."...
I chose #2 because that seems to be what everyone is doing. I wouldn't quite call it hype but the lack of public fundamentals leaves us with bald publicity as our only means of judging TGC's worth. I havn't noticed much of note said against them but I wouldn't want to bet the farm on good publicity either.
Is now a good time to discuss about three MORE NYSE SCANDALS since I last blasted the NYSE in comparison to TGC? We certainly have another case of executive compensation VASTLY outstripping executive/regulator performance...And the board that first gave Mr. Grasso WAAAAAAAAAAY too much, and then asked for his resignation, is still the board of the NYSE*! I trust TGC more than I trust the NYSE, and I'm not scared to say that publicly, and defend my position logically if necessary. I suspect I'm not the only one....
I try to be fair, but this is way too outrageous. The NYSE needs a LOT of change, and unless they hire someone like ME for Grasso's old sinecure it just ain't gonna happen! IMNSHO. JMR
* Which _supposedly_ regulates a many of the companies run by said members who determine its CEO's level of compensation....
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