RE:RE:11 April NRfatcharlie wrote: As time goes by I am less and less impressed with the management here. Looks like I am not alone. Its becoming pretty clear management care little about establishing shareholders value and don't care what shareholders think......
Actually, I'd say it's just the opposite. Management knows exactly what it's doing and is adding additional product lines for future growth. Unlike the typical short term view of todays so called investors (more like gamblers) that expects everything yesterday, they are working on a long term plan. As I've stated before it takes time to improve margins and squeeze out overheads. Depending on the situation you could be looking at anywhere from 6 to 18 months to make it happen.
I am not the least bit concerned about this short term drop and have added to my holdings to take advantage of it. They have proven in the past to be able to profitably integrate new additions and they'll do it again with these last two.
Cheers.