Kumar: I am sick and tired of your bullshit predictions of $2.00 stock. For the past year that is the only song you have been singing. Its tiring and not constructive. You understand financing - stick with it. When it comes to strategic thinking - stay away and let people that understand do the talking.
Creating a panic (constant "doom and gloom" for VRTY) is not what this forum is for. It is for a constructive feedback and opinion sharing where everyone can make an important contribution to understanding of what this firm does, its challenges and opportunities.
If you want to be a valid participant provide us with your opinion - we will evaluated and either agree or disagree with you. But, please, stop calling for the stock to go to the tank - it creates unhealthy environment for many people on this thread that are not familiar with the company.
As far as VRTY change is concerned it is the best thing that could happen to it. Phillippe, whether you agreed with him or not, was a visionary. He saw the path VRTY has to follow. However, just like many other start-up companies, his vision could not be converted into profitability. The market value for VRTY was desiccated in the past year due to continuous spending spree which placed tremendous pressure on earnings. Ironically, however, due to this spending, VRTY will start producing revenues, which the new CEO will enjoy and take a full credit for. That is OK, because the stock holders will benefit.
The latest moves at VRTY should be looked at as a very positive development. They need to bring a strong operations person who will take control of financial health of the company. The stock will follow.
To all - do not give up! This is a very healthy development!
Jack |