No, it’s how companies work.. you develop a product or service, you market it, you sell it, you take profits to increase reach, awareness, market share, profits, offerings, etc etc etc etc... “see who will give us money today” is not really a viable company strategy.
It appears to all but a few that the company has caught lightening in a bottle. and the Always solution is, throw out Mr. Berman, install a stock price engineering CEO (himself) and run the company like a cash business. Well good luck with that.
On the first day of Christmas (the new regime), the new CEO will lose his entire staff, but what do they matter. On the second day of Christmas the small institutions who held shares and funded the product development will dump and begin the process of licking wounds. Mr. Berman, how will he fare? Well he'll be making high 6 figures working for another company looking to catch lightening in a bottle.
On the third day of Christmas the Korean factory and R&D facility will be closed because they will rightly determine that DECN is being run by a moron and all stability is gone. On the fourth day of Christmas Amazon will end listings on the company's products because the distributors will not be able to replenish product. On the fifth day of Christmas the new CEO will beg THE consultant to bail him out. Less than 15 minutes later the new CEO will figure out that THE consultant is not an all knowing white knight, but instead is a stock trader masquerading as an expert. At that point all will be lost and here will be no sixth day.
But hey, at least the new CEO will Always be able to say that he got rid of that crook Berman. And all shareholders will thank him, all 7 of them that are willing to step up and still claim to be shareholders, the very few that believe the lies posted on message boards about Mr. Berman. The other 6,000, well they don't matter because they will have been casualties of the stock price engineering enacted on the first day of Christmas, and the slew of lawsuits naming the company and the new CEO personally will pile up outside the door of the empty office, all of them alleging a company that consumed itself because the new CEO knew better.
I can afford the loss on this stock because I am employed well, but many of the small shareholders, many of the new shareholders, they'll be sitting in their homes apartments and basement in quarantine with different thoughts about the new CEO.
All IMO.
It appears to all but a few that the company has caught lightening in a bottle. and the Always solution is, throw out Mr. Berman, install a stock price engineering CEO (himself) and run the company like a cash business. Well good luck with that.
On the first day of Christmas (the new regime), the new CEO will lose his entire staff, but what do they matter. On the second day of Christmas the small institutions who held shares and funded the product development will dump and begin the process of licking wounds. Mr. Berman, how will he fare? Well he'll be making high 6 figures working for another company looking to catch lightening in a bottle.
On the third day of Christmas the Korean factory and R&D facility will be closed because they will rightly determine that DECN is being run by a moron and all stability is gone. On the fourth day of Christmas Amazon will end listings on the company's products because the distributors will not be able to replenish product. On the fifth day of Christmas the new CEO will beg THE consultant to bail him out. Less than 15 minutes later the new CEO will figure out that THE consultant is not an all knowing white knight, but instead is a stock trader masquerading as an expert. At that point all will be lost and here will be no sixth day.
But hey, at least the new CEO will Always be able to say that he got rid of that crook Berman. And all shareholders will thank him, all 7 of them that are willing to step up and still claim to be shareholders, the very few that believe the lies posted on message boards about Mr. Berman. The other 6,000, well they don't matter because they will have been casualties of the stock price engineering enacted on the first day of Christmas, and the slew of lawsuits naming the company and the new CEO personally will pile up outside the door of the empty office, all of them alleging a company that consumed itself because the new CEO knew better.
I can afford the loss on this stock because I am employed well, but many of the small shareholders, many of the new shareholders, they'll be sitting in their homes apartments and basement in quarantine with different thoughts about the new CEO.
All IMO.
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