Combined these two groups now own have about 26% of the company. With the recent depressed share price it would be an opportune time for them to buy more before making a bid to take the company private.
Wow 100 shares traded today as of 2pm cst. . - I am still tempted to sell myself a few shares from one account to another at $4 a share to get the print up there.....
Recent poor sales and earning report without much solid encouragement going forward. They have a long ways to go to get margins where they need to be at a sales level that will profitably support the fixed cost/ overhead they have in place. - t
This a speculative investment. It could provide handsome returns if they can turn things in the next couple of quarter. - If not then there is still about $2.26 potential downside..... (A couple of good quarters adn and a steady upward trend and you could see $7 -$9 - but they have to EXECUTE
Sales coming back - but it appears that they are having to "buy them" Margins need to to be improved significantly. The quarter we are in will be a very telling one regarding the "new approach" / management team. - Hold - --accumulate on any significant share price weakness.
I agree - A liquidation of the company would double shareholder value right now. - This company is worth more dead than alive. - Unless something changes quickly that should be the plan.
Since the IPO??? Should have been in and out multiple times - could have made money...
You bought at $11.50 per share? How long have you been holding?