OTCPK:NEPTF - Post by User
Comment by
gwrbion Mar 23, 2010 3:50pm
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Post# 16915149
February 2010 - Cleland
February 2010 - Cleland
Lexus, call me naive, but there is not a chance that small company perks supercede the opportunity to make hundreds of millions in share price appreciation. I do agree that small company mindsets and/or incompetence can be a huge contraint to growth.
The Harlands will eventually get off their stoop, and/or step aside and let professional managers take over. They are a public company, and by all indications, expect to continue to be one. Eventually, if necessary a revolt will happen - that is why there are boards of directors. If not Cleland, then eventually some other institutional holder that has been frustrated with this holding is going to blow it up.
There is no one more frustrated then me, after three years of this, including 10 months of complete sideways after what was a very exciting NR in June of last year (re: Bayer).
We can only assume the Bayer deal remains completely conditional until some milestones are achieved (i.e. pre-sales or product releases) and nothing can be said or done until then.
But, the great thing about public markets is the ability to sell and move on. I would never hang on to a stock I didn't believe in, nor would I waste my time bashing (or sorry - critically assessing) a company I no longer owned.