keep shorting. Earnings are about $1.00 a share. Non-GAAP, if you know what that means. It is what real investors use.
Looks like fund-Deprince Race Zollo sold like 5 million shares from 9/30/2015 to 12/10/2015. "Only" 800,000 or so to go.
Guy who wrote that negative article was 12 years old (his picture is there). Very positive article in Nov. saying GSL worth $7 a share. Take your pic.
CEO has stated that the short term plunge in shipping rates does not affect GSL. dividend hike coming to $.50 a share. Teekay dividend cut today has people throwing out shipping shares-including the "baby"--GSL. Hard to watch but I believe GSL will be a great investment. You can all kick me later if I am wrong.
I would guess that Riley will up their offer to $13.50 or so--to keep the pressure on. Still too low, but that's not the point.
I think this will be back to $30 in a couple of months. Shorts will make money, litigation will go on forever.
March 26, 2015 PR
EDAP to Participate in Major, Multi-Partner Liver Cancer Development Project
GE Healthcare Appointed Leading Coordinator of Consortium
LYON, France, March 26, 2015 (GLOBE NEWSWIRE) -- EDAP TMS SA (Nasdaq:EDAP), the global leader in therapeutic ultrasound, today announced the Company's participation in a major collaborative liver cancer project aimed at developing innovative new therapies for this prevalent indication
This earnings report means nothing. It the ones after this. U.S. sales, GE venture, recurring revenue.
Looks like he was sacked. 16 months severance. Maybe they will sell the company now. Worth 2X revenues on all that recurring revenue-less debt. Good company-bad execution.