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nxs salary comparisons, page-7

  1. 451 Posts.
    Fair enough. I understand how you feel as I sometimes get the same treatment from others who want to sweep this under the carpet and close their eyes and daydream about hypothetical scenarios where the share price rises to 80 cents. They say I'm a shorter. The only difference between the two sides here on the NXS thread, as I see it, are one side wants accountabilty and responsibilty from management and the other half doesn't want to "cause waves", cross their fingers and have the status quo.

    Fowler has a little over 6 million shares as you said which adds up to around $820,000 at todays share price. He recently bought 300,000 shares at 10.50 cents ($31,500 worth) and 1,159,663 shares at 10.1 cents ($117,126 worth). I remember him buying another parcel around April I think but only worth something like $5,000 worth (let me know if I missed some out). But Fowler deserves no praise or pats on the back for profiting from a plummeting share price of his own company, then buying more shares when they are at 10 year lows. Why didn't he buy shares before everything was settled?

    I'm sorry but to me that doesn't sound like someone who has great expectations for the company but merely an opportunist who wants to take advantage of the situation (which is fine as long as your not a board member). I agree he is laughing all the way to "his" bank.

    But don't worry, I am not going to continue ranting on, I have semi retired from the ranting game :)

    Good luck all

 
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