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Perceptron, Inc. Message Board

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  • roboklerk roboklerk Dec 19, 2011 10:59 AM Flag

    Could be 3 dollars per share soon

    Seen this movie before? Go back to 2009 when Marathon Capital--a long term 9% (value) holder of a low float stock w/about 9 million shares outstanding--- purged its position in a company named Versar (VSR). VSR had not performed well for years , constantly struggling for profitability. Marathon reached its limit, and although i don't think they ever said so, probably were hoping the co. would put itself up for sale. They didn't, Marathon dumped it, mostly in open market sales. The aftermath continues to be felt today even after their sale of stock, a change in BOD composition, and the resignation of VSR's CEO. Most institutions saw first hand exactly the kind of damage one disgruntled institutional holder could inflict. Any of this sound a little familiar?

 
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