GREY:ATBPF - Post by User
Post by
Yellowknifer69on Feb 25, 2021 10:05am
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Post# 32656994
The Job of the CEO
The Job of the CEOHello and good morning Longs:
Just catching up on some light reading whereby a few posters are back to bashing Dan because ATE's SP has declined. I thought I would offer the following commentary;
As a CEO it is my job to manage risk, manage people, and manage money whilst moving the companies' mandate forward - no small feat.
Dan has successfully done this and IMHO has largely stuck to the script. The unfortunate part of being a junior Bio is just that - we don't have deep pockets and to this point we have had to be very strategic in how we finance our end goals.
I would say the manner in which Antibe achieved the short-term goal of a capital cash raise was executed well and yes, the SP has taken a hit but this too will likely be short lived.
At the end of the day it is The CEO's job is to share the praise with his team when things go really well (like the Nuance deal) and to take all the blame when things go wrong ( bought financing).
However, if you have the patience and are not desperate for money this stock will pay out handsomely. If you don't have patience then cut your losses and move on. Enough with the moaning already.
So stay the course longs and lets cut our CEO some slack. He and his team are working hard and performing well.
Yellowknifer