I don't quite understand why you sold now when you thought the "next quarterly will show a positive cash flow." I for one never sell when everyone else seems to, especially after a fairly inconsequential announcement like we just had. What difference does it really make whether MM left voluntarily or was pushed and who took his place? Admittedly, the new CEO's track record is less than impressive but the only thing that matters here is sales and no doubt they have been dismal but I'll give her a chance now that she is in command, overpaid as she is. I also bought because I thought there was a market for the modular units. But now I sit on a 75% paper loss and I am anything but happy. But I also think I have chance of minimising that loss by sitting pat for now.
And now, for those here who think directors or management should "care" about share holders: get real, shareholders are foremost milk cows with little legal protection.
DXN Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
