I communicated with him via email re: his comment that the Q1 acquisition was "dilutive" since cash was paid. My understanding re: dilution is more shares. He said that because there are increased expenses which will impact margins therefore their business results are diluted. He admitted that most people did share his opinion re: definition of dilution.
thanks for nothing!
As I stated earlier, insider buying is def a positive;
I think you and I are looking at different timeframes; my comments are primarily about price action around the earnings announcement.
Except for CFOs, Insiders are notorious for bad timing and are generally early on their buys...they are optimists by nature re: their stocks.
Julian is betting the stock will be above $5.00 at june 2016 expiration. If he is right, he makes $25,000. If he is wrong, he buys the stock at a $.25 discount of wherever the stock price is at expiration.
the company has missed expectations 4 of the last 6 quarters; I suspect the reason thad is gone is they are about to make it 5 out of 7.
If Co misses expectations and cut dividend, how solid do you think $5.00 is?
I think we should brace for a Q4 miss...the reason a company replaces a long time CEO is he is no longer delivering the results...EVOL has missed too many quarters in a row...the new account closures have been abysmal and per the last call, Thad knew board was focused on that metric...so the question is...how will stock react given another shortfall and will board cut dividend...hopefully market will give Thomas a chance. I agree the insider buying is positive sign...