u can't cut ur way to profitablity. u need to grow, improve ur top line and increase margin. Also u need to deploy idle cash. they can acquire AOI on the cheap now why don't they do that?
I don't agree with you on this. There is nothing positive in the quarterly report. Losses is all over all oprating regions, no major customer win, gross margings that is very very very low, no news of deploying cash, cash burns etc.
ModusLink Global Solutions, Inc. (NASDAQ:MLNK) is set to release its earnings data on Monday, June 6th.
total short interest was 5.83M shares in May as published by FINRA. Its up 0.48% from 5.80M shares, reported previously. With 90,300 shares average volume, it will take short sellers 65 days to cover their MLNK’s short positions. The short interest to Moduslink Global Solutions Incorporated’s float is 16.87%.