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Bullboard - Stock Discussion Forum Martello Technologies Group Inc V.MTLO

Alternate Symbol(s):  DRKOF

Martello Technologies Group Inc. is a technology company, which provides digital experience monitoring (DEM) solutions to optimize the modern workplace. The Company’s segments include Modern Workplace Optimization and Mitel. The Modern Workplace Optimization segment includes Vantage DX and Legacy Software Products. Mitel includes the Mitel Performance Analytics (MPA) product, software which is... see more

TSXV:MTLO - Post Discussion

Martello Technologies Group Inc > Good Luck to Everyone
View:
Post by Trevor876 on Feb 17, 2021 6:13pm

Good Luck to Everyone

Just wanted to say I sold all my shares Friday and yesterday, I just couldn't take it anymore and was scared of what was to come tonight. Took a massive loss but it is what it is. 

Good luck to everyone holding on. Hopefully there is some postive news tonight but based on my readings of previous statements I was worried it wasn't going to be good and sold.
Comment by canyousayiii on Feb 17, 2021 6:31pm
I would like to think the expectations of Martello are pretty low at this point so the not-so-stellar results are already priced in and the lack of run up leading to the results may reflect confidence in the leadership. I am still not giving up, hoping that if performance is poor, the board will give up on the current course and they will make some changes beneficial to shareholders.
Comment by Mikeyrob on Feb 17, 2021 6:35pm
Management is probably sitting on their a$$ day trading every other stock under the sun then their own
Comment by Trevor876 on Feb 17, 2021 6:38pm
Good point. I would have stayed if a management change was made when Bruce started going into the office in early December but it's now mid Feb and no change and no sign of change on the horizon.  This is what scared me when I read it from their last press release " Legacy products with declining revenue streams. Both Savision BV and GSX were acquired with certain products ...more  
Comment by #chickendinner on Feb 17, 2021 7:30pm
I also sold 800,000 shares over the last few weeks, some at a slight gain and some at at 30% loss.  The opportunity cost of holding this over the past few years was killing me.  Still holding more than 500,000 shares even though I hate that my dollars are supporting this shamefully inadequate management team.  Results continue to disappoint, basically what I expected based on NR a ...more  
Comment by Mikeyrob on Feb 17, 2021 7:33pm
Couldn't agree more my friend! 
Comment by Trevor876 on Feb 17, 2021 7:43pm
I agree, Their complete unwillingness to make a management change speaks volumes as to how they are happy with the course of the company, which is a slow barely alive course. They don't understand the market, the returns to be made elsewhere, the tech companies filing for IPO's this year that people will flock to for returns. I will say again THEY JUST DON'T GET IT!!!
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