Re: QPP Stream Log - I don't think there is...

I don't think there is anything fundamentally wrong with the business, other than a management team that is addicted to spinning a Panglosian view of the world. Terry cannot admit that not everything is perfect, so he pretends everything is brilliant- when it clearly isn't. Most of his obfuscations and misleading statements are juvenile (hitting top of market estimates, when downgrading the estimates at the same time, silly accounting practices when the business was in its infancy) but they create an impression of a business which- to the institutional investor- is just not investible. The price is on its knees not just because of shorters, but because institutions do not trust the management. If Terry would grow up, stop bleating, communicate properly, tell the truth, and explain the numbers straightforwardly rather than spinning everything, the price would be a lot, lot higher.