Sierra Wireless Inc (NASDAQ:SWIR)
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The Company provides wireless wide-area modem solutions for mobile computing. It develops and markets products that include wireless modems for mobile computers, embedded modules for OEMs and rugged vehicle-mounted modems.
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I am trying to understand why anyone would think SWIR is worth 20% more when SWIR itself just sold 3.4 Million Shares at 22.40 effectively lowering the market price. If we vote out the board and get a board that cares about the sotckholders and have enough confidance in the company to not sell off shares when the market is down and wait until it is up, then I agree SWIR would go up in value.