Friday, June 01, 2012 12:01:03 PM
As far as Coats is concerned, he's pulling in a million a year while the shareholder is only getting a little of the left-overs. I'm not putting in anymore cash just to support Coats life style.
What I'm honestly expecting fairly soon based on similar situations that I've seen before, is one of the big shareholders to step in and try to get a few seats on the BOD. It's obvious that this company needs one heck of a big shake-up to get this company straightened out. No more cash-cow for the execs.
Whether or not any of the employees buys shares on a regular basis remains to be seen. So far, it's totally pathetic and an insult to our intelligence.
stockdoc
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