RE:Chen must be doing a great job, eh?When the price was rising many were scrambling for the exits too.
Yasch22 wrote: As the sp was falling from its WallStreetBets high, the usual suspects at this site were gleefully trumpeting the theory that John Chen was obviously doing some really lousy work.
The logic was: sp is down, therefore Chen is bad.
The same master philosophers were hard at work between March and November last year, when the sp bobbed up and down between $4.75 and $6 CAD. I mean, clearly, there was no reason (sarcasm alert) whatsoever to invest in a company whose CEO couldn't do anything right.
Strangely enough, these fellows simply vanished during the run-up to $30 and higher, but miraculously reappeared as the hot air kept escaping from the WSB ballloon. What's truly weird about the complaints is that they first hit full stride during the $5 CAD stretch last March, but then got their second wind a year later when support line was more than 2X higher. .
I mean, was Chen in any way responsible for lifting the sp from $5 to $11?
Will we
For the past week, the sp has basically gone up every day. So, shouldn't the same logic apply?
Share price is up, therefore Chen is good.
When you think about it