You Just Have to be Proud of the Governance and MaYou just have to be proud of the Governance and Management Talent of IEC Technologies.
Your IEC investment of $10,000 seven years ago would now be worth $700,000, an increase of 70 times. The CEO is lives within an hour's commute of the one plant and hq and is also a professor at the MBA School at the University of Rochester. His salary is posted in the $200,000 range. He is a stakeholder and owns many bought and paid for shares.
Oh sorry, this is the ATQ blog site...
Your ATQ investment of $10,000 seven years ago would now be worth $2,000, a decrease of 80%.
Maybe the best course of action is to approach the board and ask that this company sell itself to a winner like Labarge (LB). LB just bought a company similar in size to ATQ for the equivalent of $0.45/share. Pensar has sales of approximately $55 million.
So based on Pensar, ATQ shares are sadly overly depressed in the marketplace right now. But that is not the case for other successful ems companies.
The "fish or cut bait" analogy really seems to apply here now and I hope we find out what is going to happen when the q3 comes out in mid November.