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Saturday, April 28, 2012 12:09:58 PM
Not sure I follow? Largest institutional holder is consistently selling and that's not a concern?
Obiously, they know alot.
I assume all other purchases were long time ago or stock received in return for debt. Former purchases are irrelevent now. Only thing evident is they are selling when they can. They would sell it all but are simply stuck?? Larger sales would destroy price.
I agree, the company could turn around, but largest holder has no faith.
Last release shows large continued decline in revenues with very modest improvement in cost structure. Only $10 MM costs cut.
Does not appear they can turn it around fast enough. Topline bleeding has not stopped.
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