May. 11 at 6:02 PM
$NEGG these days feel like everyday something ultra mega special good has to
happen. Everything else is so quickly forgotten
this is no fading company. things towards the right direction ARE happening. fiscal year result weren't the best but definitely not the worst. plus a new insider accumulated ~21% of the company over the last year, across many price levels, without obvious large-scale profit taking. even after massive unrealized gains. also making board changes. that's long term strategic interest and it appears to be undergoing a slow and complex restructuring process involving ownership, governance, and operational stabilization, rather than simply declining into irrelevance
