Post by
runningonempty on Nov 10, 2016 1:22pm
Typical Mood
This stock is a turd. Same reults quarter after quarter brings selling price lower again.The management team running this company should be fired, yet they still hold a job. The BOD should be replaced as they do nothing for the shareholders and allow the management team dressed in clown shoes to continue to function. The only thing this management team has down is lower shareholder value with great success. The debt is killing us, but they don't care, they must be happy with 10 cent share price.
As mentioned months ago no one will buy us, we couldn't be that lucky, in meantime we are stuck with this turd or sell for tax loss.
Comment by
deleuze68 on Nov 11, 2016 10:32am
I've been buying this week. The only seller is Goldman who has driven the price down. Earnings were so-so but the important thing is recurring revenue is turning positive and there have been no signs of competitive pressure. Debt isn't due for a long time, plenty of time for the turnaround to be completed. Guarantee next year at this time the stock price will be higher.
Comment by
TimTimTim on Nov 14, 2016 9:44am
running, I think that the management inherited a cobbled together turd from that idiot Lorne Abony. This is probably as good as it gets, every quarter will be the same until they go bankrupt. The business model simply doesn't work, they have a massively ridiculous debt, and will most likely NEVER make money. Time to move on and write the whole thing off!
Comment by
deleuze68 on Nov 15, 2016 12:40pm
Looks like the seller was Wingspan which makes sense as the manager is a former partner at Goldman. They have now sold all 31 million shares so the selling pressure should be off.