Jul. 17 at 2:55 AM
$INMD Moshe wants stock to go low as possible and have bad sales and revenue and no profit
Steel sent another letter
When Mr. Mizrahy was buying shares, the Company’s disclosed results were meant to buoy the stock. Now that he wants to buy the entire Company at the lowest possible price, will reported earnings conveniently drift down toward his
$65 million figure? Shareholders will find out on August 5. The Company just reiterated its full-year revenue guidance yet declined to say anything about profitability. If margins and operating income suddenly deteriorate toward the number in Mr. Mizrahy’s offer letter, the Board will need to explain why the CEO’s private number, which he disclosed only in his own personal communication, proved more accurate than the Company’s own public guidance.
