I know what you mean!!! Seems like they either dont know what they are doing or just dont care. How do you get to where they are without figuring out along the way that you have to bang the drum a bit to keep the interest up. Doesnt take a rocket scientist to figure it out.
You hit the nail on the head, bunch of companies have taken off nicely since march, most dont have NEARLY going for them that aqd does, most frankly have little to nothing of any real long term value. They are up many times and moving along, aqd drifting into the gutter.
I mean heck, even if they started out with an "anti-promotion" bias and that was the grand strategy. You would think that by now they would have awakened to the fact that the grand strategy sucks and it is getting them no where and it is time to come up with something new. If 20mill lying on the ground isnt enough to provoke a new strategy I just dont know what is!!! Its just not that hard to do.
If they do not get their heads out of the sand they are going to get a very rude awakening down the road. Without some very real changes in the attitude of mgmt then this is my prediction over the long haul. Aqd continues to drift around....mostly down over the next couple of years, perhaps with occasional pops, they will burn up the cash with their high burn rate, the "market" wont have anything to do with them because of the way they have been handled, Cliffs buys them out for a song, perhaps assets out of recievership, shareholders screwed, mgmt out on their butts wondering what happened!!! Always remember, Cliffs wants the assets, NOT the company and they want it as cheaply as they can get it. Mgmt is playing right into their hands with their demonstrated complaisancy. They must think they are very safe and so do not really care, they are in fact on VERY dangerous ground.
We shall see but it doesnt look very good at the moment!!
Thanks
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Mkt cap ! $8.251M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
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---|---|---|
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3 | 796457 | 0.011 |
4 | 454499 | 0.010 |
1 | 80000 | 0.009 |
4 | 472241 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 382388 | 2 |
0.016 | 170000 | 2 |
0.017 | 100000 | 1 |
0.018 | 27339 | 1 |
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