Friday, April 01, 2011 11:16:20 AM
The problem with these value plays is you get crappy management that isn't interested in the shareholders. Never talked with management and since I have a (relatively) small position can't say that I've spent days going over things but there track record certainly isn't the greatest.
My concern would be they do a (dumb) deal they have been mentioning that in filings for some time. Personally they should be looking to cut costs, their margins should be better IMO, and not do acquisitions. Really this company smells of either being a small private company or of being part of a bigger company and they should be for sale. If someone could figure out how to capitalize on the NOL's and basically puts no value on the company (just the cash) a price 2-3x current price is not unreasonable!
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM