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Petar should've just shut up... things were going well and then he gives us this lame boring statement (A/H no less, thanks!!! ) without anything important... Either way, I'm holding
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The CEO has made some rookie mistakes. 1) It shouldnt have been late with the statement. There was nothing in there that was time-related. He should have completed that over the weekend. 2) He shouldn't have said anything about the finacials if he didnt have them yet. Big Corps. like IBM and HP dont announce financials until they have them in hand. 3) Dont talk about CEO change until its time to do it. Specially when you have not released the finacials that everyones waiting on.
There are 2 scenarios here: 1) the mistake means little if there really are financials 2)The stock going down to nothing if theres no financials. Plain and simple
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quote:Originally posted by beatheodds: The CEO has made some rookie mistakes. 1) It shouldnt have been late with the statement. There was nothing in there that was time-related. He should have completed that over the weekend. 2) He shouldn't have said anything about the finacials if he didnt have them yet. Big Corps. like IBM and HP dont announce financials until they have them in hand. 3) Dont talk about CEO change until its time to do it. Specially when you have not released the finacials that everyones waiting on.
There are 2 scenarios here: 1) the mistake means little if there really are financials 2)The stock going down to nothing if theres no financials. Plain and simple
Well he is a rookie.. Perhaps that's why he's decided to step down in 6 months. After the mistake(s), he's realized that he can't handle the pressures and/or responsibilities of being the CEO. As lots of people have pointed out, this is the only real "mistake" we've seen and, if the financials come out, it will seem quite trivial.
posted
There are some really big chunks of buys that occassionally go through. Someone with big money must be snacthing or "ripping" these shares from weak hands (like I had this morning, grrrr). JMHO
-------------------- learnin as I go.
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I think we're the only ones buying and selling the way this is going. Syked ourselves right out of a nice run. Some pretty big red on the big markets.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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I personally thought that the CEO's comments were very honest and forthright. He's in a no win situation. If he doesn't have any good PUMPING news than everyone says he's an idiot and scares people into selling. If he puts out something very positive than everyone claims he's pumping and diluting. If he tells everyone the way it IS, everyone starts CRYING like a bunch of little BIACHES! GLTA SLJB LONGS.