They don't seem to exhibit fiduciary responsibility. They are oriented towards taking care of employees (aka themselves) and aren't too worried about stockholders.
Well, someone's doing well on the buybacks...
K. Peterson exercised option to buy 93750 shares for $ 576,562.50.
He sold 37750 of those shares for $ 517288.25.
Net cost to him of $ 59,274.25
Net shares acquired 56000.
See Form 4 filed. Less
Net cost per share of net shares....something under $1.06 per share.
Consolidated NOI after income taxes for the quarter ended June 30, 2015 was $67 million, or $0.24 per diluted share. Consolidated net earnings for the quarter ended June 30, 2015 was $62 million, or $0.22 per diluted share.
........OK......so who's right?
OK...you bought what...six years ago?? Anyone who bought over the last three years has gotten burnt....in some cases significantly. And management has rewarded themselves over and over again during that time period. So its all about timing.
Yep, it looks like the market doesn't believe ACAS is doing very well. Wonder how much of the selling is directors/management/employees doing a dump just before the earnings report? Obviously they have...dare I say, inside info?
I guess my question is...who gave this a thumbs down? Its obvious somethings wrong here....
Obviously somebody knows something. No downgrade notices. Are insiders selling? Most reviews of FLEX are positive right now, and with the market going up markedly.....this stinks.
Depends on your loan. In the US, home loans are no-recourse...you can hand in the keys and walk away. In Europe, home loans are recourse...in other words, you hand in the keys, the bank sells the house, and the borrower is on the hook for any difference, and can be pursued in court.
He owns the board. Any stock or options he receives should be quarantined for a minimum of five years....no selling until then. All stocks/options should be that way, to ensure long term performance.
He should have to hold any stock/options for a minimum of five years. That should be standard for any stock/option grants.
The stock is sinking because management is selling and "the company" is not buying.