pathetically mismanaged balance sheet. How long did it take these morons to cut the dividend or to halt the insane ship new building?
One thing they did right about the only thing for them was sell stock like madmen over the last year.
Great management lever up the company to the gills and then sell shares like madmen. Business school Case study on HOW NOT to run a cyclical business
Management is totally worthlesNo wonder the CFO unloaded a huge load of stock no that long ago. Pathetic management. Not even a shareholder but it amazes how bad these guys are and should be fired for gross balance sheet mismanagement
sure lemming. did u see the debtload lemming? maqybe the company should hire you to put it under once and for all. it could use a few more lemmings sinking the ship.
Insiders have been unloading shares for over a year. They pat themselves on the back how well they have done but they sell like madmen and let shareholders hold the bag. pathetic corporate america has become. why would these idiots carry so much debt? ooohh they had to be the biggest and boast about it and keep building ships like iphones.
funny comment about a buyout. The dope management boasted of being the biggest OSV company. Why is management still employed? they levered this one up to the eyeballs.
if earnings hold or grow then yes you will be right eventually but that does not stop a technical HFT panic. Robots go bezerk with mom in any direction