I just hope Starboard doesn't wreck the company. I've been here for a while myself and maybe I have drunk the kool-aid and have become complacent, but they absolutely scare me as a shareholder. Peendee has a great point too in that Quinsey has had sufficient time. It just really feels different this time to me but like I said, maybe it's the complacency I've been lulled into. I suppose I should know better - I watched as Red Mountain Capital attempted a takeover of STRI a few years ago to achieve better value and was staunchly resisted by the company. Long story short, STRI has lost over half of their market cap and is in disarray currently.
I intend to vote against anything Starboard wants. They have a short term profit motive and then on to the next sucker company. TQNT has a solid long term plan in place that will be successful if it's not derailed by fly by night money grabbers
It does seem like they have lost their way over the last couple of years and don't really know what to do. Sometimes it's like management feels that they are the owners and not the stockholders and attempt to disclose as little as possible. Possibly one bright point - volume was not heavy today, but I have no idea what that really means. At this point, I suppose a buyout would be in everyone's best interest but I'm assuming there has been little interest since the "other options" alternative was disclosed earlier this year. At least they are attempting to conserve cash but that attempt may just lead to a long, slow death.