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Tessera Technologies Inc. Message Board

  • foreverwhiteroses foreverwhiteroses Aug 12, 2011 8:03 PM Flag

    The Continuing Corporate Giveaway

    I have no skin in the game here and haven't now for over two years now, so I probably should just keep my mouth shut, but I can't help but comment (yeah, I know, Old Timers - AGAIN) about the corporate culture that deems it beneficial to give away shares to insiders... New Director, New Giveaway as Tether received 10k shares AT ZERO COST. The argument is probably that this better alligns his interests with the shareholders he represents, but does it really? He has only one outcome possible - a profit. How about you? Not many shareholders left with a profit with a share price of $13. And, given this is TSRA and I'm sure Mr. Tether will meld into the existing culture, it won't be long (or long after his minimum required holding period) that you'll see his Form 4 sell.... I realize this is an industry wide phenomenon within the tech sector, but it really ought to be stopped....

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    • billwilson1804 Aug 20, 2011 9:22 PM Flag

      Thank you for your input. Investing for the long term is tougher today than ever. We have uncertainty represented by CEO and other insiders too willing to side with the macro uncertainty and just sell. It almost seems right wing talk hosts of sabotage control most of the key players rolling over and playing dead for them to insure more money flows to the top. jmo

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