I suspect we've seen the highs in this name for a long. long time. Why would anyone in their right mind get exposed to a stock with morons like this CFO running it? Part of the responsibility of running a public company is understanding the impact of casual remarks one makes. These guys are clearly not ready for prime time.
Goog
- Thread starter Free Thinker
- Start date
Thats exactly what I thought, How the hell does a person like this become CFO, I dont understand how someone who is this stupid manages to climb the corporate ladder.
The question though, is wether or not anyone would be stupid enough to jump on board this thing even with good news, having seen how how a seemingly harmless comment from an unbelievably, moronic CFO can cause a 70 point drop. Imagin the massacre that could occur if he comes out with some real negativity.
On a lighter note, I remembered hearing an analyst downgrade on CNBC following the drop today someone downgraded it from a 575 price target to 540, how does anyone take these clowns seriously???
I only really daytrade myself, but I woulld be waiting for this thing to ome lower, something like what happened today kind of gives you the feeling that ppl are just waiting for a reason to ditch their long positions, there is no way that a comment like that should constitute a 70 point drop, seems like a dangerous stock to be in JMHO
-Dan
I can't see how the CFO could be considered moronic for telling the truth -- except by disappointed momo players.
Lipstick on a pig and all that.
I actually would applaud him for not giving the analysts the inside scoop first but letting the market have it all at once. Of course, if I had done it on expiry day.
Lipstick on a pig and all that.
I actually would applaud him for not giving the analysts the inside scoop first but letting the market have it all at once. Of course, if I had done it on expiry day.