Spec, I wouldn't be too harsh on Ron and the Boys.
The item said they were exploring strategic options to improve shareholder value. That's what I like about owners/management. Throughout their public history they've always taken the welfare of their shareholders to heart.
Perhaps McDermott or another like company in the biz is looking at acquiring the Gulf Coast welding shop.
On the downside I may get wiped out. I'm only 92% down.
Another possibility if they are acquired is we may get to know what they did with our money over the years. Perhaps the details of the Panama deal will be revealed. Quien sabe?
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