RBC issued outperform with$12 target was previously $8

Agreed! This crew is focused on lining their pockets with fat paycheques as long as they can get away with it . ZERO ACCOUNTABILITY only achievements building out a state of the art ghost town

Ha Ha ...good one! Not alot of facts support your positive view of Nic and his clown show

How does Nic justify his role as CEO, makes $6mil a year for what? Destroying hundreds of millions in shareholder value? Or how about missing a debt covenant and costing us millions? Or the amazing sales team that can't close deals? Are Institutional holders indifferent or passive index holders. The board?? Ha ha blissfully unaware or aware and complicit ... Time to force a sale this is beyond criminal

Back to sub 5 soon, great work Nic! Keep up those great LinkedIn posts really inspiring

Do yourself a favor and run as far and as fast as you can... this a morally bankrupt company,

No need for accountability! The gravy train for Nic and crew is working out just fine! They have zero alignment with shareholders, line your pockets , reset options and eventually sell for 15

It is truly shocking to me the crimes against shareholders these scumbags have pulled off over the last 20 plus years... King... Lytle etc and now Nic setting himself up for a huge payoff with no results. White collar criminals all of them

Good! Hopefully it indicates a deal coming as it's the only way I can get out at a higher price! These clowns need to go, no accountability whatsoever. The only thing they credit for is building out capacity, so now sell it to somebody with business acumen and ethics

Great article, it is unfathomable that heads don't roll over this. Start with Nic the 6 mil dollar man and destroyer of shareholder value

You just hit the nail on the head ! And our incompetent CEO probably just drove the final nail in our coffin. Only hope is buyout as clearly this team can't get it done.

Well said, I only wish I sold more when I had the chance. That's on me ! Didn't want to pay the tax and paid the price

Curious are you compensated to pump this stock or is this just confirmation bias?

Thanks Captain Obvious, as always tremendous insights

Serious case of Confirmation bias, look at the facts. The sales team hasn't done jack s%%t, too much capacity with no line of sight on improvement in sales. A CEO who is happy to keep collecting his millions, good news with the right buyer this could be a real gem with the right team. It's time to sell to the highest bidder

Impressive all of the dreamers on this board . Hope you're at least half right

I wonder if Nic will ever be held accountable for this mess. He pockets millions every year and has added negative shareholder value since taking over. Yes it's a bad market but his lack of communication and leadership throughout his tenure is shocking.
The only scorecard that matters is Share price and on that count Nic is an epic failure. Meanwhile he will probably line his own pockets for a few years and then sell this for a song

260 days X 25000 = $6.5 mil
Have you inserted your foot yet???

Working days , I had it about right

Well we shouldn't expect too much, Nic only makes $25000 a day.

Best of luck with that , he has clearly demonstrated his indifference to retail shareholders. I believe he is more then happy to collect his $6mi a year as long as he can get away with it. He will then sell it out at 20ish and make millions. No ethics in this company and obviously an indifferent board collecting their dough every year. No governance WHATSOEVER in this company!

Great! more platitudes and b$ from Nic the grossly overpaid shareholder value slayer

You're not wrong! Turns out Nic is a scum bag just like the previous regime ... He is simply lining his own pockets... Institutions won't miss that and other then those that have own it are already exiting stage left. Shareholder value should matter to a CEO. Hey Nic go have a drink with SK you can talk about the millions you put in your pocket on our hard earned dollars

I would predict we will be single digits before too long. We'll done Nic you seem happy to drive our shares into the ground. IMO

You nailed it.... we had an opportunity to exit . Now we are stuck with Nic who has demonstrated subpar leadership albeit a decent operator. Only hope is take out north of 20 . Hard to imagine 30 plus again with sleepy Nic at the helm
IMO

100% ! It's time otherwise it will be years before we see 35 again and maybe never .. I'd take 25 ... Nic obviously can't get it done very little value created under his watch

Fact is we all should have sold in November 21, need a 100% increase to get back and that ain't happening anytime soon .I'm coming up on a quarter century and we look like dead money for a while

Good to know this board is the same old echo chamber reinforcing each other's hope. Of course you still have cub for entertainment.

It's oddly comforting having Cub here calling for 4

No leadership from Nic, good luck keeping key employees when their shates wallow for years

Its called confirmation bias... see the bigger picture you obviously own to much

Ok boomer

Might be time to take those rose colored glasses off. This company has pretty average growth numbers for a small cap. It going to be years before we see the 30s again. Best hope is a buyout in the mid 20s next year. IMO

I'm sure he will underwhelm as is his style . Just hope there's no negative surprises,

Respect your opinion but it's important we have some balance here. The majority of posters here wear rose colored glasses

Fantastic only 60% down now!

It's becoming increasingly clear there is something seriously fundamentally negative going on in Tustin. We of course will find out too late and we will be back in the single digits. The silence from Nic is deafening and our only hope is the board starts to look at offers with the idea of getting us something in the low 20s
IMO

Agreed the game is rigged ... 20 plus years for me I'm done .. sell it Nic or do something about this .. we should have all sold in the 30s ... the MMs won't stop and why would they

Seems there is always a way to rationalize or make excuses. the fact is I should have sold every share I owned in the 30s we won't see that pricing again for years now but that ones on me

I really wish Nic would give a crap about the massive manipulation on our shares