If you live long enough you get to see companies cycle through infancy-growing pains, seriously great work, seriously stupid decisions, serious damage control, focusing on keeping the company from going below $5 on the NASDAQ while berating the employees to work more with less as they pass out rose colored glasses, then POOF, it’s gone. Sad but true.
5 replies (most recent on top)
Back to the $20's AND VP's will be let go along with JC? HAHAHA!!! Man that's some good hopium you're smoking.
It’ll get back to $20-25 around June next year, hopefully so VPs are let go in the interim and JC too.
Should we sell all our stocks before this company goes totally bankrupt ? It is $9 now .. it might very well go to 0. Are the rest of you holding hope that it will reach $20 ?
@nuy+1dEbOZOX Yes I think that could be one of the multitudes of contributing factors.
I think many of the stupid decisions were made by a group of managers who don't have a clue about the market and where it was headed. Might that explain why their competition is outpacing them?