Somebody giving us false hope and must be putting money in their pockets. Go figure !!!
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Well said. New guy is to be seen and not heard apparently!!! Must be a clause in his 800k contract. The newest bozo the clown
Last 2+ years of earnings calls could basically be summed up as “we’ve made some cuts but we had some unexpected expenses and we’re looking to cut even deeper”. Last 2 calls added “and we’re looking to sell the company”. Last call added “and I’m the new CEO and I bleed milk, trust me”.
Sure would have thought we would have seen some news from new CEO about his plans to fix things even if it was really just a profile piece in disguise. (He strikes me as a Greg Engles type who sounds good talking but doesn’t ever really say anything.)
Only news since CEO took over has been “we couldn’t find anyone willing to buy” (spun as “we decided not to sell”) and a puff piece about how great it is that Dean saved a bunch of money by making it harder for employees to their health care benefits.
Trading volume being way up above normal last week was a clear sign that it was being manipulated to turn a quick profit. Long term investors don't buy dollar stocks of companies that are losing money and have as much debt as Dean has. Think it will stay above a dollar until next earnings call in November and then drop below.