It has been 7 months. 7 whole months. This company says one thing and does another. It says sales have continued to grow. It says it has added more sales reps. It says it has shipped more containers of resin. It says it will be cash neutral this summer. It says it is suing it's lenders. It says it won't seek a reverse stock split. It says it plans on growing the company share price organically. The CEO has taken a pay cut. They have closed certain offices to save money. It says the restructure is underway.
The stock has gone from dollarland to .019. DOLLARLAND to .019! I just don't buy the fact that this stock dropped that hard and all it had was enough amplitude to go to .068? It just doesn't make sense. The CEO is a crook. The guy wears a suit and tie and calls himself a professional. He's an absolute idiot! I am this close to driving to Seymour, Indiana and calling him out. He needs to get served. He is a disgrace and has no business ethics or values and the market recognizes this.
All they have to do is ink a bloody contract. they made 20million in 2011 (regardless of the loss they posted). They can do this. 20 million...that is nothing! I hope DPS is right this is capitulation. But i'm at my wits end. I said I was going to sell if it went below .02, but held today. will see what tomorrow brings.
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