Well, this is not a place where we will tout our winners and avoid showing the losers. FRG continues skyward today, quality company that it is.JAG is not a loser by any means, as even after today's dumpage, it is up 37% in the NFTRH portfolios for this latest trade. But it feels like a loser because management has once again over promised and under delivered. Therefore, JAG has just earned itself a trip to the NFTRH doghouse. It will heretofore exist as a profit generating trading vehicle in the NFTRH ports.
I repeat, these companies like all companies, are run by human beings. Some more faulty than others and JAG's management must be considered as being faulty enough NOT to be considered one that gets my respect. Too bad, I really liked the story.
PS: This is one of the big reasons why the bottom feeder is a bottom feeder. If he is going to put faith in these often faulty people - I have done business with all types - then I have got to be sure I am not setting myself up to get screwed.
