If the past is any indication of the future, buy at 4 and short to .10. Then ride to 15 and short to 1.50. Then pile in and wait.
Insiders always get inside information before the rest of us do. Down 60% from already depressed pps. This has been a clear vote against Loof and the NEC deal has not gone well and may be dead in the water. Insiders aren't buying. They collect paychecks and shares and the rest of us take it on the chin. Then insult is added to injury when Loof is rewarded for failure.
Many on the leadership team have been at Kemet forever. They are fixtures. They are old and tired people limping into retirement, albeit well compensated. Loof has been with Kemet for 10 years. It should be obvious to all that he doesn't have the energy or the brains to create shareholder value. PPS this week was disapproval of Loof and BOD.
Forgot to add good articulator. There are others. This is the world we live in folks. Integrity, honesty, and accountability are sorely lacking.
Yes, it really bothers me that a pitiful CEO like Loof has hundreds of thousands of shares. Last time I looked it was near one million. Five bucks a share is huge win for him. If they would fire him this company would start to heal and move forward.
It's obvious imrunt is insider. Not 4-5 years, but 8-10. Company has not produced for shareholders, period.
When I mentioned culture in a previous post I was talking about company culture which can be anywhere. There's something wrong inside this company. We all know what it is but nothing can be done to change it.