No officers, directors or anyone else for that matter seems interested in picking up shares at these low prices. That does not give me confidence in the stock price recovering any time soon. At least they are not selling. I hope some of the reason for the nonstop downward movement of the stock price can be attributed to tax loss selling and that there might be some relief in the next week or two.
I wonder what the review by the bankers will churn up. Goos luck, all.
Sorry, ceedan, I meant to give you a thumbs up, but fat fingers and tiny type on my IPad resulted in a thumbs down. Yes, this guy couldn't just do the job he was hired to do and manage a dredging company. Wasn't sexy enough I guess.
From a 10-31-15 13G filing, Boston Partners increased their holdings to over 10%. Their last filing, dated 12-31-14, showed them owning 6.83%. That is an increase of ~48%. The analyst from the firm, Richard Shuster, really held management's feet to the fire on the conference call before this most recent one. I wonder if he was not invited to this most recent event because they did not want to deal with him. Most of the analysts on these calls are too easy on the managers, but you should listen to this guy, and I mean listen to the call to appreciate the tone of the questions and answers. He was great. At least this is some type of positive news. I just wish they would reclassify their holdings from a 13G to a 13D.