Posted On: 10/13/2015 11:50:39 PM
Post# of 30015
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I am only venting on this board because I am still long AMBS, but I have lost all faith in this CEO and the board.
At it's core, this is a father/son company and the board has been just sitting around, collecting a paycheck while the dynamic duo drove the pipeline into the ground and made every possible rookie mistake that could have been made.
It is incredible to see with all the assets owned by AMBS, a tax credit basically accounts for 95% of the current market cap.
There could not be a more incompetent CEO in my opinion. Anyone new...ANYONE, would drive the pps up. Maybe even the announcement that he was stepping down would do it. An investor can always hope!
At it's core, this is a father/son company and the board has been just sitting around, collecting a paycheck while the dynamic duo drove the pipeline into the ground and made every possible rookie mistake that could have been made.
It is incredible to see with all the assets owned by AMBS, a tax credit basically accounts for 95% of the current market cap.
There could not be a more incompetent CEO in my opinion. Anyone new...ANYONE, would drive the pps up. Maybe even the announcement that he was stepping down would do it. An investor can always hope!
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