The devil is in the details . They have not been delisted they have to submit a plan by May 12 to show they will be in conformance by Oct of 2017.
While the overall guidance was good thru Q4 I was not impressed by the team talking about acquisitions. Given the (accretive aquistion of Akimbo NOT) and the fact that they are putting another 700K into Akimbo does not give me a warm fuzzy. Share price has declined 70% but stock compensation rolls along like they are killing it.
The stock is down another 11% today so apparently the market is not impressed with their message.
No surprise, The so called executive team and BOD should have a class action law suit based on gross mismanagement and lack of control. They have not disclosed information critical to shareholders and have continually missed profit targets outlined in conf calls. They now screen questions from shareholders because they don't answer ligitimate questions. Made a boat load of money on the last run up to 5.00 but will sit on the sidelines until they prove something.
Who cares if they sue, the #$%$ clowns have proven time and again they are clueless. They spend $$$ to sue TMUS and after receiving favorable judgement they don't take the case to trial. ATT and Verizon will laugh them out of court. Amateur hour with the clown carousel. BTW #$%$ is the BOD doing ?? Not much but wait they are 2-3 qtrs. from profitability LOL They puke the same rhetoric every year with the same excuses as to why they failed. Nobody trusts this (jewish) management team nor should they.
Agreed,DEFINITION OF 'ACCRETIVE ACQUISITION'
An acquisition that will increase the acquiring company's earnings per share (EPS). These acquisitions tend to be favorable for the company's market price because the price paid by the acquiring firm is lower than the boost the new acquisition will provide to the acquiring company's EPS. Guidance on track, SP needs support
maybe a company buy back is in order. New 52 week low on what? Can you say manipulation.
Nobody in their right mind bashes a.70 cent stock unless he is being paid by someone ( Maybe) OTIV who is looking to take the company private on the cheap and fleece the shareholders. Why else would OTIV dumb down their press releases about lawsuits Yes some former execs sold (doesn't mean they are not buying back now because they don't have to disclose it ) while others still hold 3 million shares. BTW look at the ask / bid there are a lot more buyers than sellers.
The reason being you can't fix stupid LOL. Most retail investors get played like a Stradivarius and capitulate. Smart money knows this and buys low laughing all the way to the bank.
Captain took you to the wood shed stupid how embarrassing for you. Typical basher skewing facts and telling lies trying to steal shares on the cheap.
No pump just fact, saw the same thing happen with LMLP before they got bought out. BTW I made a kings ransom on LMLP as I will this one. Follow the light Dow16K
It's called manipulation because emotion drives short term while fundamentals drive medium to long term.
There was nothing in the numbers that justify a 40 % hair cut and the forward guidance for Q3/4 are excellent.
Obviously somebody or fund is driving SP down ( ON NO NEWS) to accumulate and if people are dumb enough to sell (which they are) then they are more than happy to fleece the dolts.
Not a question of disclosure it is a question of timing which is why it should have been deferred until the EOY
Agreed a knee jerk reaction but investors do not like surprises. The directors compensation should have been deferred until Q3 or Q4 when the revenues would have made it somewhat insignificant. Perception is 90% of reality and while the guidance was good it was a strategic mistake to fumbled the ball on their first carry after up listing. This management team has played fast and loose with shares granted and they are in the big boy arena now so they need to understand they are not flying under the radar anymore.
An 80 % haircut for a qtr miss is not rampant unfounded speculation it is fact. The only rampant blow hog here is you ranting about management 24/7. Kind of like your previous posted solution that looked more like a manifesto instead of addressing the obvious root cause.