23:04:48 EDT Wed 01 May 2024
Enter Symbol
or Name
USA
CA



Guestlogix Inc
Symbol GXI
Shares Issued 134,390,747
Recent Sedar Documents

Guestlogix really is a sham, says Mesher

2015-07-29 12:06 ET - Street Wire

Not available.

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This kind of publication is not welcomed on this site, since it shows only one side of this story. I am a shareholder of GXI and a holder of débentures. Both are down...! I will reconsider my subscription to Stockwatch!

Yvon-L. Roy

Posted by Yvon-L ROY at 2015-07-29 16:12

@ Yvon-L ROY

"This kind of publication"?

This is a factual, well-researched and -written article about a response to the lawsuit filed by Guestlogix on May 7, 2015. That being said, it would seem that "I am a shareholder of GXI and a holder of débentures. Both are down...!" likely motivated you to come here and snivel about the money which you say you lost on your over-priced shares and debentures.

It would seem that the posts were made on Stockhouse over a two-week period in late February and early March of 2015. Using the trading pattern of GXI between that period of time (Feb. 23 to March 6), it's apparent that the share price fluctuated between 84 cents to 77 to $1.03 to 87, giving savvy investors ample opportunity to exit on the uptick.

However, looking back to the late July to September, 2014, period, it would seem that the slide from $1.26 to 98 cents occurred long before Mr. Mesher made his first post on Stockhouse.

Ergo, it would seem that his posts were either not viewed by many readers on Stockhouse or else were viewed by many and not believed (I suspect the former, as this wass a Stockhouse bullboard where the posts appeared!!)

Based upon the above, GXI shouldn't have sued. IMO, they should have hired Mr. Mesher to continue posting in the hope that the share price would continue to gel. That, IMO, would have been a better use of shareholder and debenture-holder funds rather than to use those funds to sue a bullboard poster who seems to have kept the vagaries of the market at bay for a considerable period of time.

If you want happy stories, try Hans Christian Anderson's fables. For grief...invest in the stock market.

Third star to the left and straight on till morning

Posted by Harpinder at 2015-07-29 23:53

What a pound puppy! But as is always the case, there is no hope for the wickit mister picket.

Posted by Phat Dean at 2015-07-30 13:14


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