Ceochair, I am just as frustrated as you with the previous ceo and all the design faults, unfortunate death and earth quake, battery problems etc. Those bad news were consistently reported in a falling gold price so that was a double whammy! It is easy to see blue sky but I suspect there are more time bombs in the financials waiting for market reactions. In the boom days, this stock was promoted by its very low cost defensive feature which we now know did not provide a safety mechanism for value destruction. Why is that?
Management could not control things under their control. Earth quake and multiple death were unfortunate but death itself is preventable. Design faults is preventable. It revolves around good management, period!
MML Price at posting:
65.5¢ Sentiment: None Disclosure: Held
