I think I’ve seen this play before- Extrememely undervalued company with good revenue
- Great assets....what engineering CEO would not want their hands on Atkins
- Tight range bound stock price over period of time...creates low x-day moving average....frustrates current shareholders who will take anything like a 25%-35% increase over their already undervalued share price...manipulatated no doubt.
- Take all the massive $ hits in one swoop last quarter.
- Unload unwanted divisions and associated big costs.
- BOD and Management working on compensation game plan for golden parachutes since they will not be needed in new entity.
- Limited recent public market buys by management...was surprised by the 2 or 3 executives buys a few months ago but they were so small and insignificant not sure that matters...especially 2 or 3 quarters from now.
- Push some good news stories and a few decent quarters
- Massive industry growth where size matters for big $ projects
Folks, I think we are going to be taken over this year....they are trying to keep price tight so that we are not "in play" too soon. Thoughts? Am I in the twi-light zone? Good luck, Rookie