RE:What a mess!!!Aside from going to NYC to a mini mcro conflab with other losing companies (for what reason who knows), the next possible mess will be the AGM, where they will try to reprice everyones employee and executive stock options. Just wait. Just a calculated guess.
BTW, our new CEO still isnt a Board member. That spot is taken up by LaGourge. What does that chap do anyways.
Sorry, Not much help, but its good to get out the frusttation, and to portend further things that this management may mess up.
GL
breadnbutter99 wrote: Have to say that i've been a long holder for the stock but certainly didn't see this coming. Personally management F..ked it up royally!! If they gave out the Q4 results and sucked it up when they were supposed to we wouldn't be as low as it is right now. Gave us 2 months to ponder and complain to let it drop where it should be right now which is the 1.60ish and not the fricken 1.20's.
They also shouldnt have had a high expectation of delivering 200 for the year...huge miss...we are at least one quarter behind hoping that there won't be any other delays which in my eyes right now may be hard to believe. Maybe if the shells of the buses weren't made in china but were canadian or even american made we'd be in much better shape. I think there will be many delays with the shipment so far away in the other continent and how can they even really know what is going on day-to-day over there anyhow??? Its not as if you send someone over to check it out on a regular basis.
The original moron CEO clearly wanted NFI or someone else to buy him out a long time ago with the hipe and momentum it had. He clearly didn't want to put too much more work than he saw being necessary to walk away with a fortune. Now since he's on the side lines where he can play solitaire or what the frick ever maybe we have some hope with the 2 new additons to the team. They both have impressive resumes and will be more aggressive to turn things around.
Another positive thing is we do have 3 completely different inivesters through BNN who are going to be going long considering their positions and their outlook may take a year or 2 longer than had anticipated. All in all i will continue to hold and keep this stock and give the new team a chance to show us what we all deserve.