At the present time the sp is overvalued by 20-percent. Not that I will sell my shares because I'm not good at timing the market. In the springtime with the FDA decisions, expect the move to the upside.
The boys obviously had nothing of interest to say to Wall Street, but the presenting team's wives sure had a blast shopping. Ah! the benefits of expense reports.
Since Stoneridge became a NYSE traded company, the share price never broke the $18/sh level. I would call that abysmal performance for the shareholders. Notwithstanding never has there been a dividend or split which would have dilutive effect on the sp. This management group is incapable of executing a successful acquisition. Heck, they can't grow the businesses that they manage now.
How much are we paying you guys to increase shareholder value? But this is what you get with average(at best) managers to run company. Hey boys how's that Brazilian acquisition working out for us, eh!
He's at the feeding trough again--growing those jowls from options designed to enrich the management insiders. Never mind that the shareholders have taken it in the shins for all these years.
Mike, it's the pigs are foraging again. The company's track record speaks for itself. Never a dividend, earnings that swing wildly, and a disastrous acquisition in Brazil. The question for all shareholders is where is the Board on this gluttonous raid by the Corey and his mediocre staff?
You worm, if you think that shorting at $2.71/sh. Then good luck! Grow up! Many of us are here for over a decade and have suffered through the reverse splits and #$%$ managers.
I'm sorry but IMHO this ex-CMGI company is poised for the boneyard of bankruptcy. The supply management model where they compete is dominated by bigger and much better financed competitors. I expect the H&H will grab their tax loss credits and send the remainder of the company to extinction. Also note that one of their largest customers, HP, happens to be in the PC and printer business. We all know where those markets are heading. I'll use the loss against gains but it has been a sad decade for the promise of CMGI.
Just follow the record of Corey & the top executives who dumped their shares from $12+ down. Doesn't exactly prop up confidence in this company.
Average management lead by an average Board. A $10 stock at best.
Frank, you have to know when to fold. The Creep, aka John Corey, got his reward and sold about $1 higher. Somehow the BoD never cares about the small investors