Seriously..who'd want to be a CEO of a public company? Alesco announces a record performance yesterday and for its troubles gets slaughtered (literally) by the market.
No sense here at all and on a PE approx 10...surely got to be good value for a solid industrial with divergent revenue streams.
And how this CEO can maintain morale amongst the troops is beyond me.
The market presently rewards like this:
Great Result = Spanking
So-So Result (but we knew about it) = Spanking
Poor Result = Thrashing
There is going to be some sore bottoms this reporting season.
CEO's, comics down inside the pants for backside padding, please!
Seriously..who'd want to be a CEO of a public company? Alesco...
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