RE:I want the CEO fired and half the boardHi LordV
I agree with your sentiment, however, it's not just the CEO who should go but also most, if not all, of the senior management team as well as probably MOST of the BoD.....they all had a hand in this fiasco and I am not yet convinced all the "bad news" is out...I'm still waiting for the second shoe to drop as I simply don't trust what they say anymore. I suspect a fair number of the institutions who are invested in the (its 45% institutional) will be walking as once the trust with the Management is lost - they tend to exit. I see that Desjardins just put out an announcement......so I don't think the story is over yet......
- Algonquin Power & Utilities (TSE:AQN) was downgraded by analysts at Desjardins to a "sell" rating. They now have a C$7.00 price target on the stock. This represents a 21.6% downside from the current price of C$8.93.