Editors' Note: This article covers a stock trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.
Dear members of the Board and fellow shareholders of Alco Stores,
I am writing to you as a shareholder in Alco Stores (ALCS). I am concerned with the performance of the company. I have studied the company in detail, and I have found that it is difficult to avoid the conclusion that the current board of directors is not serving the shareholders well.
I have tried to be as fair-minded as possible in considering all possible factors that could impact the performance of the company....
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