Management has shown strong support and have bought at much higher levels, yet they cannot find any institutional support whatsoever. As per my previous posts, managements communication is very poor and we are completely in the dark about how the business is tracking.
I continue to hold, as it appears cheap on most valuation metrics, plus there is the kicker of the John Holland litigation. However, my patience is wearing very thin, especially with the rest of the market surging while my capital is tied up in this sleeper.
VMX Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held
