PRGO
I having a hard time understanding how you can go from wanting to invest 240 million dollars in a business to saying maybe we should pause spending and consider all actions including sale in just 3 months, to take that turn is insane. how management can't see these things scares me and like they have pause on spending I have pause on even buying this stock in the 12's once the waiting period is over because this management team doesn't exactly give off confidence after that disaster. I get that they missed the numbers, but the thing that you have to be really concerned is when a management team looks like they have no sense of direction combined with a lack of execution, because those companies are a great way to get your investment destroyed, and although a lot is priced in down here, is this story gonna get worse, that certainly could happen, because management has destroyed my confidence in them this past quarter and I don't rush to add stocks I have limited to no confidence in management. All is my opinion, and I could always be wrong though.
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