Then when confronted with his false assertion, he immediately changes his tune/discription that insiders are holding on to their FREE ZERO COST Options. Any insider buys in the last 2 years have been insignificant at best. Cluck..................they can sell those options anytime before the end of the year to pay their taxes.
Do you see any insider buys at these levels, with their own money. Answer: NO!
But not to worry, I CONCUR, the stock will rise. It is all an illusion.
"Y'all know why we are going to do good".....................Randy Harl CEO/Wilbros Co.
"WG is more than fully valued".............................Spanspur Large Shareholder
In the last 18 months. Unfortunately the company is in the bottom rung of the industry in which it operates on a bottom-line, profit per share basis. But hey, that doesn't matter to Billy T................
He's discovered another winner because of his friend Spanspur. What's this make John, 6, 8, 10 picks that have made you millions. Fortunately I was buying at $3.40.................LMAO.
Do you realize there are no assets left to sell?
Thank god there are no further payments to the Nigerians that are due in 2015 & 2016 per the settlement agreement that the company signed with Wampo. Or at least that is the way it appears.
Either way, WG is more than fully valued. As the 1st closet queen to ever walk on the planet you must be able to see that.
The classic WG illusion is about to occur. Sandbagged job revenue boosting this quarterly report, Houston based proxy that will move the stock up, and then the upcoming secondary that you will awake to one morning. Whatever.
WG is not RIG. WG is a five & dime o&g construction company that never performs. 2015 & 2016.
What a cluck. Even Moody's mentions WG management's inability to complete jobs on time with an uneven completion track record in the industry. 6 Rock Saws.................LMAO.
There is not a person in the industry that does not understand that WG gets all the jobs that no one else wants. The low paying jobs. Canada is working because there is so much work. Nonetheless it will never be anything substantial to the bottom line. WG has made extremely poor decisions regarding acquisitions, wrote off $650 million in so called assets which were the basis for the previous outrageous valuation from years ago, but you, little billy t now see a Trillion $$ worth of work coming WG's way. Really? Let's just be thankful that you know me, that I brought you here when there was still low hanging fruit to be picked, but I tell you now John, WG is fully valued.
And still....................no PR program to set market perception.
The coatings operation, the research laboratory, and there are meeting rooms and administrative staff are located at Oxnard. But it is nice to see downsizing is being done.
$36.5 million. And this entire time you have repeatedly told everyone on this board that WG management had completely paid off the Nigerians.
Now, how do you back track on your lack of knowledge and understanding of WG's balance sheet and legal obligations?
Better yet, how does a company handle $2 Billion + in revenues every year and never turn a meaningful per share profit? Clearly WG is a bloated good ole boy network of self serving, high salary, non-performing cast of characters. Look at the inferior margins that the company generates.
Meanwhile you, little billy t, are trying to sell some dramatic profit picture. Try another company closet queen.
I was hoping that the 3 buildings the company rents in Oxnard were the ones that were being closed. The company pays $60,000 per month in rent on the 3 buildings. But this is where part of the the manufacturing facility is located, and to move and re-assemble would be very expensive. And you are right, there was plenty of unused office space in Oxnard. The lease for the nearby Ventura facility must have run out.
Nonetheless this is a good move with only 12 million shares outstanding. Every $12,000 per month saves $.01 per share.
Yes, the I-phone uses multiple chip, camera...............suppliers. Do you actually believe that the i-phone sole sources their components?
Where do they come from?
The shares drop in value to the $8.75 to $9.25 level. I am interested in purchasing a large block of WG.
It's nice to see that Moody's, not that it matters one iota, has taken control of the PR program for Randy.
I was always just waiting for the day when WG would become "stable".
Bubba, everything you mentioned in paragraph 2 of your personal attack, has been said about WG for the last 3 or 4 years.
When Randy announces another review of O&G this quarter I want you to eat a Wall Street Journal.
The only thing we have going for us is the two sand bagged receivables that will require the company to actually report a small per share profit (the first profit in the last decade).
Major technical collapse that is about to occur in WG. When your own management is aloof and obtuse to the necessities of running a business like this...........................one more #$%$ quarter and we are buying it at $6 again.
Way to set perception there Randy. Maybe you could do a speech about the "great people" at WG. That's always a good one you have used before. It has been my experience when the CEOs start talking about the employees, it usually means he/she has nothing....................
Another lackluster quarter, even if management hits their guidance, will just fully document what is already known by everyone who has watched the company and their financial practices over the last decade or two.
Since the WM acquisition, there has been virtually ZERO organic growth within the company. It's been over a year and CAMP is missing $20 million of the revenues that came with the WM acquisition.
But why should anyone focus on reality and the real financials. After all, this is the Internet of Things! LMAO!
You will try anything to prop up the stock. Thanks for your meaningless announcement. Unfortunately WG management doesn't care, nor do they know how to set market perception.
Sooner this guy is removed, the sooner the stock goes up.............
Meanwhile, back at the ranch, WG management and the leader of the company Randy Harl has decided that the best strategy is to provide ZERO forward guidance, ZERO confirmation of nothingness. When one thinks about it, it really is the perfect strategy. After literally driving the company into the ground during his time at the helm, R. Harl decides it was better to take a $650 million write down of assets and leave the shareholders with his standard trademark comments: "everyone knows who we are, our little red trucks", and "y'all know why we are going to do good".
Who needs forward guidance or a real PR program when you've got a guy like Randy at the helm speaking for 20 minutes in New Orleans or Houston.
$75 million of market capitalization is missing from the recent highs, for a company that is supposedly going to: "y'all know why we are going to do good".
Buy this POS. How can it, Randy Harl's past performance spells doom for this issue.
There is a reason the company actively trying to find his replacement. He has driven the company into the ground.......................
Thanks GB.............but you will never get little Billy T to admit that WG insiders have never really purchased any meaningful amount of shares with their own money. I have known this player for a decade and a half. He lives in his own world with his own propaganda.
Reality is, Randy Harl will yet again fock the next quarter up with some excuse, another O&G review for non-performance, etc, etc, etc.
How can a stock go up when there is no positive PR? WG probably believes that $.24 per share will cause the stock to go up. No it will not. It will sell off hard as Harl's continual statements of hope, "Y'all know why we are going to do good", are always followed by Randy Harl's failures of financial performance.
But let little Billy T live in his world. If it goes up, we all sell anyway..............
Share price for CalAmp. Good luck bagholders.................
When one does not own any shares of a company why would one post on that message board.
When BT1 and Dbtunr are having a posting, they are in fact having a conversation with themselves/himself. They are both the same person: one John Howard X-convict................
No, it is time to spend the $480,000 that Spanspur made on CDTI. It's been real, the best to the two of you.