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Tuesday, May 21, 2019 12:35:04 PM
Hmmm - I wonder why that might happen. Can we create a list of possible reasons why this might be the case? I'll start.
1) The large shareholders have a 'special' relationship that will reward them for keeping their mouths shut.
2) These people are too embarrassed to admit that they made a mistake in investing in the company, so they keep quiet and hope no one notices.
3) The volume is so low they fear they can't get out.
4) They believe Sam when he tells them next year is going to be better. Again.
5) They think the company is doing well and the stock price will catch up eventually.
6) They think not holding conference calls and communicating with shareholders is the proper way to run the company and they have no problems with that.
7) They love the dividends and don't want to rock the boat.
8) They don't have the time to get together and insist that the Board include one of the people.
Feel free to add to the list. There has to be a reason. I'm a big fan of #7 but my heart says #1 is the top answer on the board in more ways than one.
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