Evergreen Energy

Some readers have questioned my criticism of Evergreen Energy since I own the stock.  Well, who  better to criticize than someone who has been burned by a bad investment? By the same reasoning proxy fights are usually launched by shareholders who are disgruntled with the way management has performed.  When one buys an equity position in a public company it entitles one to many rights, including the right to say that the company has been poorly managed.  Unfortunately, I am so underwater on this stock it makes little sense to sell my position at this point. I guess I'm still hoping for a miracle. However, I can still voice my opinion on a company that has accomplished very little in building shareholder value.

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