is anyone really surprised? pete the has-been is and has been out of touch with shareholders, employees, customers, and the market in general for years.
he's like the chicken that has his head cut off and runs around the barnyard. he's finished. he just doesn't know it.
c'mon has-been. sell it to the first bidder for 8 bucks. it ain't worth more.
now all you longs, how does it feel to watch the market going to new highs while pete the has-been wastes your investment? it's your own fault. you've been repeatedly warned to sell and move on. there's no money to be made here. the market will continue to move higher while you wait for a turn around that isn't going to happen or a buyout that may never come.
wake up and smell the coffee. this company has a bleak future. the tone of the conference call said it all.
So what do the folks do that have recently left the company and have ESPP shares? Many are holding the bag - both proverbial and literal - having CPWR shares they bought as employees and are stuck under the 18-month rule (disqualifying disposition).