RE:When is this stock going to finally climb???? I'm hoping a change in leadership is being considered by shareholders, and not just by retail shareholders.
I'm long. There is no end to the opportunities for this company and their technology. Their time is now. The sp is cheap given their potential, and I've been buying regularly over the last few months.
BUT imo, management, despite getting and renewing contracts, for which they should be lauded (although really it's not rocket science and it is the basis of their jobs), has failed recently to impress me. The issue is their bloated compensation, far in excess of a company of this size and revenue levels. It seems to me that they are using the company as their personal piggy banks, awarding themselves ever higher salaries and bonuses that consistently eliminate profitability so that on paper at least the company is not successsful. Any investor that went strictly by the numbers might hesitate to buy when the eps keeps dipping negative. Management has to turn this around.
There is no reason why we should not be profitable at this point. Here's hoping for better quarterly bottom-line numbers on the horizon... and perhaps an activist big shareholder or two that will wave a stick at management to remind them who is boss.
lotsoknots2016 wrote: For almost 10 years H2O has beeen range bound while it's revenue steadily grows. Can management ever get their act together a turn a consistent profit?????? Fantastic news like the last couple of days is obviously not enough to get this ball rolling.... Might be time for a change in leadership???