Agree - despite the horrible headline result, the underlying numbers are not catastrophic... yes - management is terrible but cashflow looks a lot better.
The only way out from this mess is a sale (a long shot i know) as management has clearly shown they cannot run this business.
As i have said previously - management needs to be saved from itself here. (my only consolation is that, given the CEO’s holding he will be feeling a lot more pain than me :-) )
In the meantime the price will continue to be shorted - and bagged by those on the short side in this forum...
I'm holding - but god knows why... this firm is a disaster!!
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