The Quote of the Day"It's an exciting day for Superior and I’m pleased to be able to share this vision with you and its just the beginning” – Allan MacDonald, CEO (as the company’s share price tanks 17.5% on the day)
As SPB’s share price has lost 43% in the past 12 months
As SPB’s share price has lost over 50% since Allan started with the company in April of 2023.
It’s a great time to double down and bet on Allan MacDonald who has shown no improvements at Superior while getting paid $10 million in salary and bonuses in 2023.
I’d short this stock, but I don’t like shorting stocks with active NCIB share buybacks. Allan MacDonald and the other executives should step up and buy some shares, put some skin in the game, like the shareholders they purport to represent.
Pathetic.