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American Shared Hospital Services Message Board

  • mmmparsley mmmparsley Jul 25, 2011 8:44 PM Flag

    This stock will go up when...

    Mr Banks steps down from his position.

    I couldn't believe that the company had nobody in the office except the secretary last year during the duration of the World Series when all the execs were out of the office sitting in nice seats throughout the series. They wouldn't even answer the question if the seats were paid for by the company.

    It's actually a very important question for AMS considering they rent an exorbitantly spacious and expensive property on Embarcardero Street in San Francisco coupled with the fact they haven't been able to move their stock in more than an decade while the CEO has ran away with millions of dollars in compensation and stock options.

    This company is the worst of the worst when it comes to fiscal responsibility and represents the worst of executive behavior on the public markets.

    If this company ends up generating plus size returns - it's only after fleecing investors for over a decade. I guess this behavior is actually quite typical of many small-caps; to just stay alive and generate only enough revenues to pay management their bloated salaries.

    Perhaps some may think I'm being harsh, but I think the low stock price here compared to what at first glance is an undervalued company shows that many agree with me.

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AMS
2.500.00(0.00%)Jul 6 11:50 AMEDT