Chapman Capital lowered its holding to 11 million shares (4.9%), from the 13 million (5.8%) that it had reported owning on April 25.

Chapman Capital lowered its stake to 13 million shares (5.8%) from the 15.6 million (7%) reported in December 2007.

Fron Barron's 8-25-07:

From Barron's 7-16-07:

"Chapman Capital demanded that the company announce by July 31 either the scheduling of an annual shareholders meeting or the appointment of at least two shareholder-selected directors. Robert L. Chapman, the managing member of Chapman Capital, said "an owner-led board reconstitution was imperative and long overdue." Chapman Capital has about 14 million shares (6.4%)."

poorly run
goes down , stays down

bad spec

They fizzled out and tho I made money on it, it just doesn't want to make a comeback...yet.

Failure to deliver OPUD

"Activist investor Robert L. Chapman Jr. plans to seek representation on Vitesse's board. Chapman, through Chapman Capital, lowered his stake to 15.8 million shares (7.1%) from the 19.5 million (8.9%) he had reported owning in August."

CRAMER

CRAMER