BOWDLERIZE INSINCERITY EXACTLY WHAT TAMPONMAN, SETTORETARD, LAPDOG, DEVILESIO_98, ET AL WRITTEN IN THEIR PLAYBOOK:
3. The comment blames management, particularly the CEO for almost everything.
“Worst CEO in history.”
“Fire the CEO and everything gets better.”
“CEO raking in millions while we suffer.”
Stuff like that. You see it all the time. These types of posts are designed to sew fear about the company.
Your brain runs a quick calculation: “How can this be a good investment if the person in change of the company a moron?”
The conclusion your brain quickly arrives at is: “It can’t.”
The CEO attack angle is often found when your stock is always red.
If the paid bashers are posting how dumb the CEO is, and you pull up a one-year chart and see that the stock is flat, or always declining, then you’re more likely to agree with their hypothesis.
Wall Street thinks in terms of years. Their discounted cash flow models are calculating profits that might not occur for a decade. Whereas you’re checking your stocks every few hours to see if anything has changed.
You’re expecting it to act like a motorboat (able to pivot at a moment’s notice) but the stock is behaving like a cruise ship beached in Mongolia.
Companies that rake in billions in revenue take a while to turn around. A CEO doesn’t have a magic wand. They implement new policies and deploy resources in a way that will benefit the long-term holders of the company.
What these bears are trying to get you to agree with is: “This CEO wants to be warm, so they’re dumb for not setting their living room on fire.”
Yes, in the short term that would work, but in the long term it’s a disaster.
It takes a long time for a CEO to be proven an idiot. If they haven’t been in the job for at least five years, then cut them some slack.
Tesla treaded water for a decade before going parabolic. During that time lots of people said Elon Musk was an idiot and should be replaced.