I agree Angel's management team should be held accountable for their poor performance. Instead they will get raises, bonuses and more options. They run the Company and they do buybacks and the stock drops - don't say they know what they are doing bcaus this has been going on for years.
Yes they beat last quarter and are still fading. Management should be able to do better then they are doing which is driving the stock price down. Are you saying if management issued a dividend instead of buying back shares that there wouldn't be less shorts? Yes I do believe management should be able to forecast exchange rates and hedge cost of goods (i.e. sheepskins, etc.) what do you think they are paid for? There is a lot more management should have done over the last few years not the last quarter. I posted before I thought the stock price was near bottom and I do believe the share price will rise but I also believe Management should be held accountable for the current performance instead of getting raises, bonus and options. Maybe you are part of the management team and don't understand your position.
In 2011 the stock price was $80 where is it now? Why are the shorts in control because management buys back stock instead of paying a dividend. How is the buy back working I believe the avg cost on the CC was 67+ maybe 69 where is the stock price now - that buyback is really helping. I expect results not excuses - who is profiting Management - I believe they continue to get raises, bonuses and options while under performing. Next excuse will be warm weather, valuation of dollar, etc. You should open your eyes and look at how management has performed over the years not 1 qtr. GLTL