Post by
truthis0utther3 on Mar 11, 2022 2:08pm
Contact the Board of Directors
Instead of arguing with people like me you should be angry with management and the board.
Under mamagement the stock has dropped 90% after cashing out at the highs and they continue to talk about how great things are going yet they are growing significantly SLOWER THAN THE RATE OF INFLATION.
Don't get mad at me or others who sold out, get mad at management and contact the board for action.
I agree the price is ridiculous if there is value to this but the market clearly doesn't have confidence.
At these prices and with all the cash the founders have from their sales they could take the company private. At the very least, I would expect them to be very big buyers of stock.
Until I see results improve and/or them putting SIGNIFICANT $ back in I wouldn't touch this with a 10 foot pole.
If it's just a convenient salary and lifetyle compamy for them, why should others invest? Number one rule of investing im small companies is you invest in the founders and it's clear they have other priorities these days.
Comment by
argon12 on Mar 11, 2022 2:27pm
I can't believe that none of the top brass has been fired. BOD exposs themselves to personal lawsuits if they don't act in shareholders best interest. Always bet on the jockey not the horse. The CEO has clearly blundered in just about every way. Compensation model has to be redone by BOD or they will be taken to task. TD analyst is just about as dumb as the CEO.
Comment by
growthnprosper on Mar 11, 2022 3:22pm
On what grounds can we sue them?
Comment by
truthis0utther3 on Mar 11, 2022 4:28pm
The ad tech space is in shambles. Multiples are contracting everywhere. We are in a different multiple paradigm with higher interest rates and cookie tracking difficulties. On that note, Acuity has no solution and is simply betting on nothing changing or being able to follow the leader.