California Amplifier (CAMP) Message Board
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At $8.50, Vitelle was selling..................
Manipulation is better than speculation.
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Stock is very expensive and earnings need to catch up to price. Earning $.40 after tax at 65% rate. (not paying tax now) At 21 times earnings with companies like ORBC ready to revolutionize the whole industry, it is not cheap.
- 1 Reply to analyst112
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Pull your head out; the highest corporate tax rate is 35%.
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As CFO, he knows that the Camp's share price is gonna take a while to reach another $8.50. It does not matter if he sells 1 share or 10,000 shares.
What a shame! I thought it would be $10/share in December 2012. The pumpers on this board keep cheering that it is gonna be $12/share by next earnings. -
Good try True Jesus. Does this mean that you have sold and want the stock to go down.
As you already know, Vitelle's sales and the sales of the other officers in the company are part of PRE-PLANNED SALES PROGRAM. And CAMP management's sales are miniscule compared to the hundreds of thousands of $$ in stock that they actually took money out of their own wallet and purchased with their own money.
Spanspur plans on calling the company this week to ask them what a shareholder with hundreds of thousands of shares is to do?
Psst............corp management's do this to absolve themselves from scruntiny and legalities.
Just the other day you stated that the stock is getting ready to soar, road show, $10 a given.
Now that Spanspur has invested his life savings in CAMP the juggernaut you turn tail and run.
Waiting for major announcement this week or next to begin the upward trajectory of the stock.
Per Burkiek, "we have visibility into a large project with a large telecom carrier".........
But agree on one aspect, This was an extremely poorly crafted deal. Whoever advised them needs to be fired. CAMP threw away $30 to $45 million. Stupid is as Stupid does. The advisor is probably the only female on the board who has been there for years picking up a check, ostensibly as a capital market access advisor. She bought a paltry 5,000 with her own money. And if she is the one who has brought this scenario forward, CAMP management needs to looks at it and ask, Why did we do it this way? So far no one has been able to figure it out.Sentiment: Hold
- 1 Reply to spanspur
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Good try True Jesus. Does this mean that you have sold and want the stock to go down.
As you already know, Vitelle's sales and the sales of the other officers in the company are part of PRE-PLANNED SALES PROGRAM. And CAMP management's sales are miniscule compared to the hundreds of thousands of $$ in stock that they actually took money out of their own wallet and purchased with their own money.
Spanspur plans on calling the company this week to ask them what a shareholder with hundreds of thousands of shares is to do?
Psst............corp management's do this to absolve themselves from scruntiny and legalities.
Just the other day you stated that the stock is getting ready to soar, road show, $10 a given.
Now that Spanspur has invested his life savings in CAMP the juggernaut you turn tail and run.
Waiting for major announcement this week or next to begin the upward trajectory of the stock.
Per Burkiek, "we have visibility into a large project with a large telecom carrier".........
But agree on one aspect, This was an extremely poorly crafted deal. Whoever advised them needs to be fired. CAMP threw away $30 to $45 million. Stupid is as Stupid does. The advisor is probably the only female on the board who has been there for years picking up a check, ostensibly as a capital market access advisor. She bought a paltry 5,000 with her own money. And if she is the one who has brought this scenario forward, CAMP management needs to looks at it and ask, Why did we do it this way? So far no one has been able to figure it out.Sentiment: Hold
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