Autobytel Inc. (ABTL)

[confusedtrader]

>>Far too many crooks and fools running the companies.

Very true for many companies. And management/officers are paid way too much and so do not have the best interests of shareholders in mind. Overpaid entrenched officers/board will try to cling on to their posts when a better alternative for investors would be to sell the company.

A few examples:

HH (Hooper Holmes) today reported deteriorating numbers with mounting losses. But CEO makes close to 700k per annum. What a joke. Stock could easily double if they decide to sell. But management and board will try to squeeze as much as they can.

LOOK (Looksmart) same story. Management rejected a 1$ takeover bid. Reported poor numbers this week.

ZHNE. Revenues close to 120m for network equipment company and market cap is peanuts as losses have not ceased. Will management sell?

NURO (Neurometrix) same story. CEO makes 400k. Losses mounting.

These are just a few examples where substantial value could have been returned to shareholders but that hasn't happened.

Chinese stocks loaded with fraudulent companies.


>>Far too many crooks and fools running the companies.