Not really sure I ever heard of having a web/virtual only annual meeting before. I've heard of having the option to view on web but always have had the choice to attend the meeting. Interesting, I guess it saves money, I've only been to a few meetings anyways but if I had a large stake in the company I believe I'd want to see the board face to face. IMHO
Well whether right or wrong I sold the last yesterday at 2.98. I made a modest gain my average on the 7500 shares was 2.6 and sold at an avg. of 2.96. It might take off but I don't see it going that much higher due to a market correction. I wish you and the longs all the best and should it hit 2.50-2.60 I'll re-average in. This stock could be tomorrow being it's so illiquid. I am almost all cash now and feel a bigger market correction is under way. GOOD LUCK THOUGH!
See it was just as I thought. Someone got word of the numbers last week and sold off prior to the announcement. Luckily for me I unloaded a 1/3 of my position at 3 and middle of last month at 2.9. We won't see 3's again for a long time. Never heard of a company "selling" their great company by using book value. Failed to grow earnings AGAIN. Quarter after quarter of disappointment while the market hits record highs! That being said it's still profitable and clean balance sheet so it shouldn't drop much below 2.5. Happy Easter!
You have a LOT more patience than I do. Putting money to work in this stock is like watching paint dry. Luckily for me I sold 2/3 of my core holding in the past month. True this stock may move, but in the mean time there are a lot better options to make profits which in turn could be used to buy more cnty. We will most likely see 2.70's and maybe 2.60's again that will be the time to buy more. I knew someone got tipped on the earnings report last week!!!
you could have sold it anytime after friday the 8th. it goes by the record date. the ex dividend date the stock price opens lower by the amount of the dividend.
Someone got a whiff of next weeks earnings I suppose. Crooked market average investor always the last to know.