I had a look at the PEO forum, but it appears it is no more. I just recently posted, exasperated with the moderator/directors behaviour, (Reminds me of a teachers pet who is also the schoolyard bully). That aside, I have dragged some of the last few days trading out. Could be wrong but it appears someone could be accumulating. I hope I am right, because i would be glad to see the shareprice of this, in my opinion,grossly mismanaged company rise. Minimise my loses and get out.
It is dissapointing really. SWT backdoor takeover of PEO. SWT had the right recipe, coupled with the dollars of PEO we should have seen a success. The SP indicates a failure. And it is easy to see why. Growth stalled, (except for staff and remuneration to directors), and they failed to capitalise on opportunities that presented.
Perhaps that is about to change, time will tell. But I have waited nearly long enough. Pregnancy and childbirth was less painful than watching PEO try to develop.
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