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Inteliquent, Inc. Message Board

  • valueintime valueintime Jul 15, 2013 10:51 PM Flag

    What happened to,,,

    all those total idiots on this board when this stock was at 3 bucks a month ago- screaming that management should be thrown out and that this Company would not survive. Jack #$%$

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    • As one of the idiots i will tell you. Current management should still be thrown out. Besides the rebound in stock price they cost the company literally 90 million dollars in cash. 90 million or 3 dollars per share and the stock was punished accordingly to the low 2s. This stock was once at 33 dollars which means even including dividends its off from its high by 60 percent that is real wealth destruction. People only ever invested because the core business was so profitable then they lost their way. Hell just look at the "rebranding" it was called neutral tandem then had to be changed to inteliquent because they bought tinet but they dont own it anymore it was a huge waste of time and money for a company this small. Laser like focus to what you do well is what gets a company this size to the next level and management has shown a total disregard to creating shareholder value. Without hedge fund intervention the dividends would have never been paid and executive compensation even more outrageous considering the terrible performance. Noone said it wouldnt survive it always had to much cash to just go under which is why it would have been brilliant to buy it at those levels. Today it holds just over a dollar in cash however an trading close to 9 this morning.

    • 3 months ago...

15.44-0.38(-2.40%)2:04 PMEDT