The Guerilla piece makes interesting reasoning. While I have continued to buy the shares my guess is that at least some of what is written is right. RT is no saint. Corporate Governance at the Company has been appalling. I quite believe they have sailed too close to the wind in the past, and may still be engaging in aggressive accounting. However, even if a good half of what is written is correct (and this is why we will never see libel actions from RT), that doesn't destroy the investment case. As long as the company isn't a total house of cards then the shares are, even with a huge "corporate governance" discount just too cheap. David Currie has been on board for a few weeks now- if the whole company were a sh@t house he would have walked by now. The company does have issues, but with a new approach to doing things the right way, there is good reason to believe the company can prosper. You don't have to fall into the "RT is a genius who can do no wrong", or the "company is a total fraud" camps- I am between the two. RT is not my CEO of choice, the company has major problems, but notwithstanding that the shares are still a raging buy.
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