rosemountbomber
Re: JRoon71 post# 433406
Wednesday, February 26, 2025 11:34:23 AM
They are 100% the same as the old management. The only logical explanation is denner miscalculated big time on the revenues in europe and row is now facing declining revenue. There really is no other explanation or I am not sure whey they would have ever taken over this company given how it has gone, given the massive headache it appears to be. I get its only 4% of their holding so maybe they honestly don't really care that much. They just be hoping to get out at some point to salvage their reputation at a small profit. But its same to say the days of hoping for 25 a share are long gone. Hoping for 4 a share now is the new norm.
Post#
433407
of 433415
JRoon, for a tiny minute long ago I used to accept the argument that they couldn't give away their ideas, tactics, whatever, for the sake of competitive advantage. Most other companies apparently don't seem to have that problem even if they are in very competitive industries and markets. To be fair, I think we all know the company is between a rock and a hard place with little they can do so I understand, BUT, BUT, BUT to me it is so surprising (the lack of communication, etc) because that is what they used against the previous management team to oust them. You would think that if anyone would realize this the most, it would be this group and it should be foremost in their minds to not mimic prior admins in this regard. So for that reason it is very surprising to me. Up till now, this management is no different (wrt actions and results) than the prior team other than the fact that they have put their own money on the line. That keeps me here.
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