This turkey being mauled into submission by shorts and sellers who have lost all faith going into earnings. Can you blame them? Every CC I have listened to makes me cringe in pain as I listen to these hillbilly yokels stumble through their presentation. It's never a good sign when people who are paid millions can't even speak intelligently about their business model, ability to hit the numbers or forecasts about their business. It's even worse when they fumble the ball on getting the damn speaker phone to work.
You are in over your head ... you are way past your prime ... your stubbornness is costing investors millions ... call Goldman Sachs now and tell them you are looking to sell the company and will be entertaining bids ... managing CY's stock price is beyond your skill set and capabilities .. your company has been marked for disposal by Wall Street pros .. time to leave the game with way more than you came in with. Call 1-800-GOLDMAN and ask to speak to Mergers and Acquisitions.
Insiders have been scooping up hundreds of thousand of shares for a ZERO cost basis (FREE) - while Douglas who owns most of AMSC is forced to pay up. These clowns running the company are being unfairly enriched while Douglas takes it on the chin with every other retail kabob.
Douglass has been nothing but WRONG on AMSC - worse than catching a falling knife. Like jumping off a 20 story building head first and doubling down as he passes each floor. Kaboooom !
Really ? The share price says I have it right.
Because the head nut case in charge is still running CY after he and Cramer spun-up fabricated Q3 earnings expectations that fell short ... Rodgers needs to go. He's a total misfit and screw-up. He should man-up and take the fall for the greater good of the company. A complete disaster.
I got news for you pal ... CY is already in the toilet. I'll take working smart over working hard any day of the week. TJ's so-called vision is off course. He would rather pontificate about what's wrong with America on FOX News than fix his own company. Both he and Cramer spun this company's Q3 earnings up on fabricated BS when the stock was trading at $13 just a couple of months ago. Now down over 40% ... this guy has no clue how too manage earnings or get to the next level. There's a pattern here ... and it keeps repeating. Just look at the chart. Time for a change.
People like TJ Rodgers would rather die with their boots on trying to prove a point rather than do what is in the best interest of the greater good ... too bad. What you describe is a type of psychosis shared by hyperactive super-ego driven Type A personalities. Has more to do with their drive than their intelligence. TJ lives in a very self centered world where it's all about him. Too proud to ever admit failure or that someone else would do a better job at the helm.
Why hasn't this old school silicon valley retread pocketed his millions, sold the company and taken up permanent residence in California's wine country? Instead he clings to his Machiavellian management style while losing millions in market cap for retail investors. The Street wants him gone and the company sold. He's too entrenched in his old ways and the company is worse off because of him.
Each party takes turns screwing the "pooch" and then throwing the people under the bus leaving another train wreck for the next party to cleanup - seen this movie all my adult life. Same plot same parties, different actors.
To fatten GS underwriting profits for Q3 - self interest comes first.
MMs just collecting on stops, accommodating shorts etc etc ... this stock is made for swingers.