I'm long. Want this thing to take off. But look at aol. $2b. That's sort of worthless. I know, yhoo has YJ and AG.
But apples to apples. It's $0
They can bury a bad earnings with IPO with confirmation before earnings or announce IPO after positive earnings and blow the PPS through the roof.
Or worst case. Terrible earnings and PPS gets pummeled and IPO just hangs in the process.
Short to $.01. This company is getting crushed. Declining sales and revs. I guess your strategy of hope is best though. Like they will magically turn this around.
You realize that cloud prices are dropping drastically? You realize ELNK built the DC's around 2012 pricing models?
Its DOA. No more buybacks, div will end, and the cash saved is going to diminish. But my track record and reality doesn't count, right?
She is an engineer, not a leader. Looks more like she is not a business person either. She might be a great COO, or another position. I am sorry she is not a CEO. IMO, and that is going to be hard to change this perception.
She should put this company up for sale. It might be to late
"pleased with stock performance" Is this a joke? She is way in over her head get her out, before any more damage can be done. She has successfully added negative value to the core and used zero gain from AG. This is outrageous
Read the proxy vote. 30M shares to be issued for corporate use. That's $1B or 1/34 of the market cap. Washes out $1b in buy bucks. Bad news.