problem is, and this has been the perennial problem, we have a CEO who is a terrible deal maker and any royalties from the IMMR patents and technology are always liable to be very small, I'll just say it one more time, the thing holding back this company is not the technology or the patents, it's the executives, stupid.
this fits the pattern, the insiders get rich, the shareholders get shafted, we have a company totally dedicated to enriching the insiders and one that doesn't give a fig about the shareholder, let's have some shareholder activism and vote out these greedy clowns
and fired immediately, under his 'leadership' this thing has done nothing but decline for six months in a row, the shareholders will not take this any longer, this company needs a CEO that is competent, who has vision and leadership, and some modicum of regard for the shareholder, we don't need an accountant for a CEO, even the employees at IMMR don't regard him very highly. It's the CEO stupid.
the guy has no business being on the Board, just another bad decision by Viegas, I take it you agree as well that Viegas must go, been nothing but misery with him trying to run the business, he is out of his depth
and apart from your irrational defense of Viegas you will not find a single shareholder who thinks Viegas is a competent CEO, just look at the pathetic deals he has negotiated for starters; moreover, he has not been able to generate any interest in this company, the volume from week to week is pathetic, especially since IMMR bills itself as 'the leading developer' of haptic technology
really doesn't matter what you think of Viegas or how you perceive him the cold hard reality is that when the share price declines like it has with this company the CEO is ultimately responsible, I think the Board should fire him but they will not because they're all in on the gravy train as well, Viegas has done nothing for the shareholder
I have told you before it is a matter of relative perception, it is up that much but it is down even more than that, don't know what your agenda is in defending an incompetent CEO, and if Viegas is so great then how come the share price has been doing nothing but declining since this summer, down almosy six dollars since then. This shows investors have no confidence in Viegas' leadership
and as long as Viegas is CEO it will stay this way, the Board will not do anything because they are his crony friends and they're all in on the gravy train and meanwhile the shareholders continue to lose money every day because of their incompetency
so what do you think, it's always the same, the speculators play this thing day after day, the only thing that will change it is that Viegas is fired and confidence is restored
looks like a good start to being down for yet another week, nothing will change until the management at IMMR is changed, they are the biggest drag on the share price and the reason investors lack all confidence in the company, unfortunately the Board will do nothing about it
and it begins (and ends) with the management, I repeat, for this company to do well Viegas has to go, the Board needs people with expertise in haptics, (not hedge fund managers with degrees in astronomy), and we need volume to drive away the speculators
so when do investors realize this and start the run on IMMR? and why hasn't it happened by now?
this thing is always sold off, speculators have a field day, mms cooperate, we will only maintain any solid gains when investors have enough confidence to buy and hold this stock and that will only come about when the management is completely changed, i.e., when they are all replaced.
the pervasive feeling one has is that the executives are just not trying to drum up new business, that they've all received their bonuses and cashed in their options so why bother?