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Compiling comments that experts make about stocks while on public TV.

2017-01-19

Opinion for ECN Capital (ECN-T)

Signal Price Bias Subject Owned
SELL $3.210 BEAR NORTH AMERICAN - LARGE No

Had owned this before the split and did okay on it. CEO couldn’t consolidate the fleet business more aggressively and there wasn’t a lot of growth, so he split the companies and then proposed the structure. Thinks it was completely full of conflicts of interest. The investment community is supporting this because the CEO is a wonderful guy in promoting things. Sold his holdings, because he won’t invest in companies where he doesn’t have confidence in the management team. This has been a massive destruction of shareholder value.

John O'Connell, CFA
Chairman and CEO, Davis Rea

1 Comment

schultzres

February 22nd 2017 at 12:36pm

I own it and fortunately didn't follow John's advice as it has had a nice pop. More to come I believe.


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