Yeah, I suspect the margin erosion will still catch a lot of people by surprise.
You'll see a steady stream of major contract wins and people will count the revenue and get excited until the final results day arrives, and then hey presto - where's all the profit? Maybe then they'll connect the dots that you get what you pay for. His incentive structure is entirely built around taking a giant free swing on options, not on building shareholder value. What do you think he's going to do?
The Bear Room, page-246
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$1.03 |
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Mkt cap ! $781.6M | |||
| Open | High | Low | Value | Volume |
| $1.11 | $1.13 | $1.01 | $28.63M | 27.14M |
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| No. | Vol. | Price($) |
|---|---|---|
| 9 | 52323 | $1.03 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.03 | 1650 | 1 |
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