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Gold/Mining/Energy : CCB vs ZEN truth board
ZEN.V 1.0000.0%Dec 24 12:03 PM EST

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From: RuddyMongoose3/23/2016 11:11:08 PM
of 12350
 
Ben Axler is an activist short-seller who specializes in spotting over priced shares. He studies the financial data and he also looks into the managements' background and the people involved with the company.

"At the end of the day, businesses are people. People are behind the operations and the numbers. I look to find managers of companies that have a history of value destruction and a behavior consistent with making bad decisions."

When I read that quote, I couldn't help thinking about a certain CEO who also has "a history of value destruction and a behavior consistent with making bad decisions." Without a doubt, that scenario is a red flag for shareholders and a bad omen for the share price in the long term.

The CEO I'm thinking of has a history of holding senior management positions at companies that failed and resulted in large shareholder losses.. He also has a history of posting on public forums and threatening posters with defamation lawsuits.
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