Oh...all 3 million shares sold. The "street" is a few idiots. Understand volume. You are talking about $235,000 in transactions. Hardly the "street"
Cool. Between him and Risk not positing if it doesn't hit $0.20 by the same date the traffic should go down.
You do understand the difference between Authorized and Outstanding right? Guess not by your comments.
Looks fine versus last year Johnny come lately complainer
And how was he breaching Fiduciary Duty by that definition. He is utilizing the assets of the company (cash, IP, ability to raise cash through private placements/contacts) in a prudent way to increase value of the company. Long term the company continues to use its assets to build value which in time has grown the PPS. Where has he not been in line with shareholders? Has he sold? No. Did he buy on the dip? No. So where has he breached fiduciary duty? The fact that the price went down on a poorly executed timeline? If that is the case you better be willing to call every CEO that misses on earnings to the carpet and say that they have breached fiduciary duty since a PPS can take 20% drops on that exact scenario. You can throw the terminology out all you want, but the history bears out no breach. PPS fluctuations in the short term do not reflect the Fiduciary Standard. Maybe a component if over the long term the PPS stagnates and the CEO continues to get massive bonuses and other compensatory measures that are not in line with ROE or performance.
It's your job to research a company. Not a CEOs job to hand it out on a silver platter. There are plenty of resources to do that work. You just can't be lazy and depend on others to hand you a free lunch.
Agreed. They erred. Does it mean they are pathological liars as some suggest? No. I'd love to see how many arm chair CEOs have not made mistakes in their own "company" of their household finances or lives.
Probably a better strategy but as I stated above management would have gotten pummeled for not being active enough or disclosing enough information, plans etc. it's a balancing act. Had it all gone to plan and everything did come to fruition, it would be at least $0.25 now. So they retrace. One morning there will be an announcement and we will find out the results then.