...Finally, we take a second look at Velti Mobile (VELT), which we first mentioned on Wednesday. It has been up in premarket trading, but bled another 14% yesterday. That was on top of more than a 25% loss on Wednesday. Velti's business is mobile advertising. The company's meltdown began after it reported earnings. Velti posted a loss of $5 million, compared to net income of $25 million a year ago...
The key Ross is to improve top line while contain the cost
Understand that obligations before his tenure yet to be met; but future is in his hands now.
A German CFO for an Irish company would work
Trading range 2-4 this year plus or minus 25 cents