He needs to look after someone! It might just as well be himself. It really does show a lack of faith in the company. He is obviously a CEO who will not go down with the ship. I am not an activist, but this is one company that really should put itself up for sale. The competition is strong, and TDC has done nothing for 5 years. I think there is a growing chance that the value it currently has will start to diminish more rapidly in the coming years. Of course, what do I know. I just read the headlines and see what others have to say. Like all of us, I know of CEO's and BOD's who never think of what is best for the company or its owners. Sometimes it is on purpose. Sometimes they simply don't have the vision to do so. I am surprised First Eagle has not pushed for some reforms.
several big vacancies coming up in the next year. that will hurt, but that is why it is selling for $8.50 when the NAV is SUPPOSED to be around $16. I don't know if $16 is correct or not. As you know they are deleveraging the balance sheet and have bought back some of their preferred shares. I assume Clinton will be a plus for them compared to Trump or Cruz. But in the long run, the national debt is going to eventually take a toll on the Washington area as the government has to cut back. On the other hand, private industry is much greater in the area than it used to be. I hold a position and am hoping for the best.