Post by
Starsearcher80 on Jun 03, 2022 10:04pm
SO WHY WOULD THE CEO BE BAILING SHARES NOW??
Ok, let's just get to the ruthless possible answers and not waste any time. Take your pick of any of the following FUGLY FUGLY FUGLY scenarios.
1) The CEO is just toooooo stupid to realize that the optics of selling right now would be absolutely brutal. Selling at the low? Selling when he said it would go up? FRIGGING BRUTAL.
2) The CEO is greedy as Hell, and bailing bacause he knows the company is going down, or worse, or MUCH worse. If he actually thought there was hope, and the stock would be rising, HE WOULD BE BUYING.
3) The CEO is willing to try and sell fluff to the shareholders at the quarterly, who are desperate now for anything positive, but at the end of the day, he doesn't care about the shareholders and is willing to lie through his teeth. Again, if he was telling the truth about possible upside, HE WOULD BE BUYING.
4) The CEO has......"a hunch" of some very bad news for the company, and is selling. By the way, this is not causal selling. IT IS DUMPING.
People, what speaks louder, words or actions?
THE ACTIONS SHOW WHAT IS HAPPENING. AND YOU WANT TO HOLD THIS P.O.S. IN THE FACE OF THAT???
Smartest guy today was the guy who bailed, and is ALREADY not losing more money. People still holding are making a MASSIVE mistake imho. But hey, don't believe me. .....
JUST LOOK AT THE SHARE PRICE.
Comment by
HighTime20 on Jun 03, 2022 10:37pm
Klein probably just needed another beach house. He was taken care of up front in 2020 before achieving anything. Fast forward two years and he has still achieved nothing. I really feel for all shareholders. They have been fleeced.
Comment by
HighTime20 on Jun 03, 2022 11:16pm
He absolutely doesn't need the money. I guess he just couldn't resist the opportunity to remind the bagholders he is rich and they aren't.