GREY:AVNDF - Post by User
Post by
poneon Dec 20, 2012 10:21am
303 Views
Post# 20755274
We Got Roasted
We Got Roasted
Charger is up 40%.
Pace is up 5%
Avenex is down 15%
1) They sold the only asset that had value
2) They don't even give shareholders the proceeds of that sale.
3) They give the cash from that asset to a bunch of debt ridden oil and gas companies, thereby raising their market caps and shoving ours down.
4) They reduce our dividend.
We have been thoroughly, completely roasted. Send management a christmas card.