RE:OBE has not been fairly valued 1 day since Loukas is CEO thetruth54 wrote: Any investor in OBE has to ask themselves why OBE has not been fairly valued for even 1 day since Loukas has been CEO for about 4 years. This company should be valued north of $20 US.. This stock is not even half of that valuation. We all know equities become undervalued,fairly valued and overvalued over time. But OBE has not even been close to a fair valuation by any metric over the last 4 years since Loukas has been CEO. Yet Loukas and mangement continue to collect lots of money while doing virtually nothing to enhance shareholder value. This stock is still on the verge of being a penny stock based on the pre reverse spilt price. There is no dividend, and only numerous failed or abandon plans by Loukas for the OBE investors. This needs to change fast or the investors need to look to get a new CEO. This company has way to much in the way of fantasic reserve assets to be so chronically undervalued. Management is living large with their compensation program while providing nothing but unfulfilled empty plans for the OBE investors. This needs to change now! Obe investors deserve more than constant new plans and hope neither of which can be taken to the bank.
Then sell it mate. You have to be a real bonehead to hold OBE if your conviction matches what you are posting.