When will the BOD WAKEUP? Imagine using all your cash flow to install enough solar panels to reach a critical mass when you start getting returns. How many years will it take to get them installed and them how many years to get the power company to connect them to the grid? 7 to10 years. OOPS we won't have the cash flow to pay down debt.
When the share price was around $23.50 the CEO noted the disconnect between the share price and companies performance and started buying shares BIG TIME.. Now that the share price is approaching $22 the CEO must be backing up the truck to fill it with newly purchased shares or has the BOD replaced him for negligence. If the BOD hasn't replaced the CEO then the BOD needs to be replaced for incompetence!!
Seeking Alpha ...Impac Mortgage: Poor Busimes Model, Misleading Acounting: Target $5.96. Article by Greenwich Research Group dtd May 22, 2015 2:06PM.