"and the CEO chose the "lion's den" over the share
Post# of 45510
"and the CEO chose the "lion's den" over the shareholder base."...
No... he only chose them first. He DID come here to address our questions.
"I don't care how successful an individual or his company is, or can be. Once I feel that that individual is more on an ego trip than on "taking care of family first", my cardinal rule of investing is simple: GET OUT."...
I understand what you wrote... but I don't believe it (I know... you don't care). If the PPS rose, and continued to rise... you would still be in, is my belief. Its easy to say what you said now because the PPS is low, but you would certainly be truly one of a kind to bail if you were making money on the stock. Now, to clarify... people bail after having made money in a stock - if they believe they have reached the top, or are nearing the top. But what I hear you saying is... no matter if you were making a ton of money you would bail. Sorry, just not buying that.
I get it... your feelings are hurt Steve didn't pay more attention to you, but as a CEO there are decisions to be made, and like this one he needs to do what he thinks is best for the company and shareholders. In any decision he makes, there will be those that think it was the wrong decision and sell. That's just part of running the business. Thankfully others feel differently. The reasons they sell don't have to be valid... just valid in their own minds.
And no, you are not a bad guy for selling... a shareholder needs to do what they need to do. I just disagree with the stated reason you say you sold... I would not sell for those reasons, but you are not a bad person for selling. Thank you for engaging in the conversation.