Thu, Oct 23, 2014, 1:52 PM EDT - U.S. Markets close in 2 hrs 8 mins

Recent

% | $
Quotes you view appear here for quick access.

Universal Security Instruments Inc. Message Board

  • mmmparsley mmmparsley Nov 14, 2007 11:57 AM Flag

    Management

    Management needs to be more forthright about when earnings is coming out. Please joing me in demanding greater transparency.

    Earnings will be out SOMETIME today, but they won't specify a time. So, as an owner of the company, management doesn't feel it necessary to inform me regarding the timing of investor events?

    Dave

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • MMM, you are preaching to the choir. I agree with you. See my post from several days ago

      http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_U/threadview?m=tm&bn=24694&tid=1387&mid=1387&tof=6&frt=2

      I caught a lot of grief for this with excuses about how this company can not afford to do the necessary work to report earnings in a timely manner.

      You are absolutely correct. Mr. Grossblatt can afford to pay himself well over $2M, but he can't afford to communicate clearly with shareholders. I have already cut my position significantly because of this one issue. I will probably not be a UUU shareholder by the end of the year. Why should I put up with a management team that has no regard for its shareholders when there are so many companies out there where that is not the case.

    • Across the board, investor relations in public companies needs an immediate overhaul. If a company does not have a live IR representative that can be reached by their investors during a business day from 9-5, they should not be allowed to trade on a public exchange.

      Executives, in general, who have insulated themselves from their investors should be criminally charged for their crime.

      Dave

    • Many (most?) microcaps without conference calls don't announce an earnings date. It would be nice to have the info, but they're just following the norm. That said, it wouldn't be a bad idea to spend a couple bucks to issue a press release in the name of good investor relations, especially when your stock's down 50%.

 
UUU
6.01+0.01(+0.17%)1:37 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.