Someone from the outside never knows as much about what's going on as someone who actually works there.
A lot of times internal IR folks are bound by what they can say - but atleast they know details so that they can answer summary questions.
Like I said. A non-value added layer of complexity for those seeking information.
She could be the most competent person in the world. But if she's not there all the time (an employee) the information just isn't there - or timely. Typically the 'spin' really increases though. Me - I'll take real, relative, timely facts - as much as they are allowed to give from someone witnessing day to day operations. Not someone who is basically told what to say.
I have talked with 2 CFO's from similar sized companies today! Not just IR folks but CFO's.
I recently sold my holdinigs in a decent company simply due to outsourcing IR.
We each have our own standards when doing our DD. Over the years I have learned to make this a MAJOR standard.
This may make no difference to you. I'm simply stating that it's definately a major issue with me.
Notice none of this post is about NXTM's business, possibilities, financial position, etc.
That's part of the point. It will be much more difficult to come by relevant facts to help determine whether to add, lighten up, or sell all my holdings and move on.
I don't own companies that I cannot actively follow - especially the small companies.
Just my opinions. But not a change for the better.