As I reiterated many times: wrong people lead to lower SP, flawed strategy, lack of prudence and flawed decisions. Almost 6 moths later we are down again, losing money. 5 years of losses and value destruction thanks to the SOL and PAL CEO. Next time when you vote "YES" in regards with their remuneration package, think twice.
Quotation:
"Perhaps the most important lesson I’ve learned is that acompany’s management is essential to its ultimate success orfailure. If you have a great company run by a poor CEO, theodds of that company turning into a good investment are low.On the other hand, if you have a mediocre company in amediocre industry with a superb CEO, then it is much morelikely that company will turn out to be a good investment. So,being able to calibrate CEOs and management teams is animportant skill to develop."
Claudia Huntington
Marry Christmas and HNY!
PAL Price at posting:
75.0¢ Sentiment: Hold Disclosure: Held
