Don't blame "stupid and frightened retail investor
Post# of 155299
(Total Views: 513)
Posted On: 05/27/2020 11:54:21 AM
Don't blame "stupid and frightened retail investors" when it was one person and one person only who screwed the pooch here...NP. Plain and simple, there was ZERO reason for that conference call, especially if they are about to announce something in connection with financing in the next week or two. Yes, with good news we will get back over $3, but that is not the point.
This was an unmitigated failure of understanding that he had better learn from (yet again having to learn on the job without having surrounded himself with people who could have warned him this was not a smart idea). I wonder how potential financiers/partners/banks really view him, based on SO MANY missteps that appear to be lack of common sense more often than not. He is often a classic "one step forward, two steps back" kind of leader, due to lack of experience, lack of experienced people around him to help guide his decisions, and sometimes, lack of common sense.
Anyone ever heard of baseball players like Dave Kingman, Ron Kittle, or Joey Gallo? Sure, they did hit tons of homeruns sometimes, some helping their respective teams to win the game, but they struck out a ton too, leading to overall batting averages far below those of players who learned to hit. (To be fair, Gallo, now playing for the Rangers, is trying to learn to hit, and it seems to be working)
This was an unmitigated failure of understanding that he had better learn from (yet again having to learn on the job without having surrounded himself with people who could have warned him this was not a smart idea). I wonder how potential financiers/partners/banks really view him, based on SO MANY missteps that appear to be lack of common sense more often than not. He is often a classic "one step forward, two steps back" kind of leader, due to lack of experience, lack of experienced people around him to help guide his decisions, and sometimes, lack of common sense.
Anyone ever heard of baseball players like Dave Kingman, Ron Kittle, or Joey Gallo? Sure, they did hit tons of homeruns sometimes, some helping their respective teams to win the game, but they struck out a ton too, leading to overall batting averages far below those of players who learned to hit. (To be fair, Gallo, now playing for the Rangers, is trying to learn to hit, and it seems to be working)
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