I used to have DTE and sold out cutting losses recently. For DTE It was the old board's faults with a big expansive empire running the administration etc cost around $12M a month burning all the company cash with little results. They ruined the share from $1.35 down to 3 cents and nearly bankrupted the company.
It was NHC THAT brought the merger deal with igas and the share went up from 11 cent to present 17 cents which was 50%+ already.
What I could not see was why NHC left the old boards to ruin the company that they are corner stone holders?
PGS Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
