If past performance is not indicative of future prospects, Bill Wright is proof that it sure helps to know where he has been a CEO before.
My previous post had mistyped stock symbols.
Check the charts out for the following companies that have or have had Bill Wright as CEO:
VHMC-- even though he is now just the CFO--he used to be the CEO when VHMC was trading at $0.75 (Look at the chart)
CGRA--still CEO and collecting a check over there. Down from $0.07
VRTY-- some people say he is still involved there, but I see no evidence of that right now. But he was CEO until early 2013. Check the chart back to 2009. NOT PRETTY.
But maybe all these bad investment returns from shareholders were just bad luck and VHMC is going to be the one success that Wright has had. But I would not bet on it.
I own VRTY, and not happy. But I wished I knew about Wright being the CEO in the past before I bought in. Shame on me for being stupid and not doing my research right.
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