08-31-2016, 09:16 PM
Many posters do not understand Wall Street . With a continuing business and the Total contract Interoil with different management could have survived . I have participated in many IPO's and secondaries where the companies have never made a dime but investors bought their stocks .
Let's look at Tesla losses of Billions but continues to have very successful add on stock offering . Let's look at Interoil when Phil was CEO Interoil share count rose from 50,000 to close to 50,000,000 shares with many secondary offerings. There's your money it's always there for story stocks . The spin doctors know what to say and how to say it . Hession failed miserabely as a CEO most importantly he failed in his duty to shareholders . Today in my opinion we get sold . But there were lots of opportunities to raise money from the markets during Hession's leadership but he was more motivated by that honey pot of money . Credit Suisse even did the math on how much Interoil needed to raise but Hession ignored them .
Let's look at Tesla losses of Billions but continues to have very successful add on stock offering . Let's look at Interoil when Phil was CEO Interoil share count rose from 50,000 to close to 50,000,000 shares with many secondary offerings. There's your money it's always there for story stocks . The spin doctors know what to say and how to say it . Hession failed miserabely as a CEO most importantly he failed in his duty to shareholders . Today in my opinion we get sold . But there were lots of opportunities to raise money from the markets during Hession's leadership but he was more motivated by that honey pot of money . Credit Suisse even did the math on how much Interoil needed to raise but Hession ignored them .