shares have no price momentum, apparently no institutional backing either...doesn't appear like any catalyst to lift share price is coming i.e. no underwriting turnaround, no buyout potential, and flat operating environment..and not only do the big institutional buyers do not care about this stock looks like management doesn't care about shareholders..feels like the shares are a life boat floating around with no course set, no direction, no power just drifting aimlessly...not a money making opportunity...
You couldn't have put it better and in pure simple terms!!
It is a company wallowing in it's own entreprenurial lethargy. It's BofD is a disgrace and offers no direction for the company. We shareholders are truly left holding the bag as Murphy and his cohorts continue to siphon off their bonuses and other assorted perks!
I'll say it again: Murphy and his Board are a disgrace and this is why regulators should offer shareholders a much easier amd less expensive way of removing them!