RE:RE:RE:RE:HEXO CEO FORCED OUT AND COO RESIGNS??Touran77 wrote:
Quietinvestor wrote: So you do not believe that this is unusual. Clearly shows your lack iof understanding of what these positions do.
Nevertheless, good luck.
Ws
I do not.
Hexo went from a company that was selling 10M a quarter not too long ago to a company that will sell around 70M a quarter. If this trend continues, yeah you might need a COO and CEO that have more experienced.
Same happened last year with CFO, clearly the previous one didnt have enough experience for all the acquisitions that were coming.
Tonto
Tonto
The CFO quitting last year was a sign that things were bad. An executive would quit before things would be so good because of his poor experience. Why choosing him in the first place. You people invent scenarios that fit your pumping world. CFO, COO and CEO don't quit over good performance. They would brag how good they are and given more bonus options.
Although I think the Hexo will go a lot deeper, I still covered my short position. I am working and better be safe than sorry, since I am usually not there in trading hours, except for Friday. Once deeper in the red, the announce of a new CEO will probably make the price go up for a while. I will take a short postion just after their quarter result which will be worse than I thought, since the CEO and COO quitted. Let's see how many millions he will get for his compensation for quitting.