He asked a question we all would like to know - or should..... But he shouldn't expect anyone to really know why each one sold. If they sold because they don't like NRF's future-that is important. Insider buying and selling is watched by most investors..I still like NRF - but will watch it a little closer now.
I don't disagree with the possibility that they don't have the staff they claim because you can't believe anything when they won't communicate about anything else. However why would they inflate the number of people they employ?
It is easy for you to send an email. Ask some questions. ...My take on the email I received is they are actively looking for orders. They want to know what my specific needs are. I take it they will produce to my specs.
When you pay someone 12 million dollars to run a small company like EQU you would NOTexpect the tremendous share price drop this company has had. And to think you want to reward them even more!You want to reward loosers! You are obviously part of management or working for them.
Got a reply from Vicky in the sales department stating they have 1,000 skilled workers with 200 of them profession r & d engineers, testing , & manangers. She wanted to know what specifics I needed. ...I used the email listed for CELM on yahoos's profile page for Celm. The reply is from Sunna Motor. ... All I asked in my email is if they were going to communicate again. And that was the reply I got. So are they still manufacturing and is this part of the CELM? Email them yourself and please report.
Still a profitable company! Still reporting to shareholders! Still working on protecting shareprice thru share buyback! The only dufuses here are those shorting a good company!
If it is such a waiste of time why are you taking THE WASTE OF TIME to post this worhtless information?
No he could not buy as much as he wanted. I was only able to buy 30k sharses at .20 yesterday. I was not bidding it up....
Based on this management's past performance I voted 1 year adjustment. EQU's past share price indicates to me there needs to be tight controls on their pay. Adjust it every year. It is the shareholders turn to be rewarded. They get compensated even if the stock goes down to often.
Sentiment: Strong Buy
I am not an insider. I own shares of SCEI. If you read all of Jim's post on his talk with an attorney you will see that the attorney in my opinion meant the companies are going dark to save the companies and have a company left with value after the litigations are settled. Now I don't believe of these companies are totally honest. We will find out in July about SCEI.....The attorney was giving his opinion why they are going dark and why it makes dolllar sense to do this. I don't see where an attorney giving his opinion is taking sides. Now from the shareholders stand point what can we do but file a lawsuite and further weaken the company at this point. After July I may have another opinion on what shareholders should do. What is your attorney recommending? From the shareholders side.
Interesting post on the GURE board by Alan74z -HGSH went from .24 to almost $13 - 52 week high low. There could be more Chinese companies recover.
Jim is not trying to fool anyone. I appreciate his sharing what the attorney told. him...What the attorney said explains why some Chinese companies are going "dark" -not reporting or replying to emails. The attorney's explaination makes a lot of business sense even if we don't like it. Hopefully SCEI will "light up" after July 1.
Yes I found it very interesting. It appears many Chinese companies are going dark to avoid more problems while dealing with on going lawsuites. Some have a lot of cash on the books and by letting their stock price go almost to zero their motive in the long term has to questioned. They could buy the company stock back for thousands instead of millions. Celm went dark and only a few of us are left-someone owns the stock though-unless CELM has been buying.