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COT Management should wake up now
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q10activator
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22-Sep-2008 00:38
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With the Chinese govt financial impetus and the Feds pumping so much money into the market, and the oil prices picking up, perhaps it is time the directors of this company start taking up action to buy back its own shares shouldn't they? So many companies are buying back their shares now. Even China New Town which has fallen from a June level of 21 cents to the current 7.5 cents is doing this. So what is COT doing?It has fallen from 41 cents during the same period to the current 12 cents. I can't believe that despite the problems and the profit warning, the management actually had the cheek to grant its directors bonuses. I sure hope enough of us investors speak up to send a message to the directors not to sit on our money, but to make it grow. |
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