scarlet1967 wrote: This was posted by Spceo earlier and it is what’s has has been happening for quite a while, the company paid almost $2 M to bring Paul a marketing guy let him do what he is supposed to do, sell the company.
I think he is restrained by a board which is comfortable with their way of conducting the business. Re-engineer their mindset would be a start. For almost two years I have been screaming at company to take advantage of powerful retail investors in the stock market followed by many sent emails and a good half an hour of eating Leah’s brain..get the rebranding started by approaching the retail. Today thanks to biogen’s approval which showed the agency is more flexible than many anticipated the NBI was up over 3% especially the NASH stock but hey we aren’t a NASH phase whatever company!
Aron is part of a growing number of executives on Wall Street such as Tesla Inc's (TSLA.O) Elon Musk and the incoming chairman of GameStop Corp (GME.N), Ryan Cohen, who appear to be doing more to court retail rather than institutional investors.
Promoting a company's shares to retail investors may be the new reality for many companies, said Jim Paulsen, chief investment officer at the Leuthold Group.
"CEOs have always been showmen and a big part of what they do is put on shows for institutional investors," said Paulsen. "You may have a Reddit group that is the focus of the tweet but the reality is institutional guys like me are going to hear about it just as quickly."
https://www.reuters.com/business/with-popcorn-tweets-amcs-aron-rides-retail-investor-wave-2021-06-03/