At .85cents anybody could come in & offer $1.50 & shareholders would jump at the chance to get out....Only makes sense that if Clear Link, Roam Boost, Tower Amplifiers, Safety Repeaters were all such good potential money makers, you would think major Teleco Equipment providers like Comscope would start a bidding war to get this company? The fact that nobody is interested tells you all you need to know about wstl..
The whole thing stinks to high heaven....Will the SEC do anything? Not likely? Small Caps are not very high on their radar......Just the point that they have been made aware might be enough to change the status quo?
Saying that management is just milking the company while accomplishing nothing has been pretty accurate..Nothing in the YE Report would have you believe that things are really going to get any better & the company is doing so poorly it`s not likely anybody would buy them? I for one am getting out as there are too many companies that really do care about shareholders, unlike wtt which is run for the benefit of a few!!
Almost always has by going down before reports are due.....Stock much closer to 52 week low than high so it can`t go down much lower but doesn`t seem to want to go higher either....Still 2 weeks away but there is absolutely no interest in the stock either way? If there is no positive comments from management going forward I am out of here....This has been a terrible investment for the last year & the company tells you nothing at all except in qtrly reports....Don`t understand why it`s even a public company, certainly has never been run like one..