to see someone at the upper end of the management team leave within the year. Looks like it might be the CFO but I'm all for having a Hudson exec to take over the reins of the company as CEO. Something just seems is going to change up there. If it does, the market may give this company a real push up. There is enough reason to get rid of someone up there as there have been enough wrong moves (starting with the initial Joe Dahan deal) to cause some large fund to say, hey hey buddy it's time for some real change and you are just not what we need in the next phase of growth in this company. Conversion of the Hudson deal is based on a share price in the 1.70's, so expect a move to there at least otherwise the conversion is seriously under water and we all know that will not happen to those who were owners of Hudson prior.
Now for you technical folks out there, April is usually the high in the stock (given the last few years, except for one year where it languished). So you got to ask yourself the following, WAS april of this year the high or is something going to happen to cause it to really push forward towards the end of the year into next year?
So the shareholders voted NO to increasing the shares to 120M (filing just came out). Very very interesting. I stand by my statement above in this case, someone is going to get axed. Basically a sign of no confidence at the very least for the CFO, this may be why he sold a chunk of his shares. You long time shareholders may be getting what you wanted a change you can believe in.