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?
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.