poodle --- analysts have a job to do (like weather forcasters they are expected to make a high percentage of mistakes). My point was the thread was too quiet on such a price swing and reason(s) should be posted in a timely manner to keep weak hands from bailing and being hurt.
Did anyone think possibly IMNR was going to put a release out today?? Most companies put out anything that could possibly be considered negative late in the day, after the bell, on FRIDAY, or a combination of those!!!!!!!! Could be IMNR was bamboozeled or plain beat to the punch by Mr Cashion's new employer. To them it seems he is quite a catch!!!!!
"the manner it was released" seems to bother our analyst friend the most and since his feelings were hurt he decided a payback was required is how I read his statements. AGREED it was NOT NICE the way he found out. Seems like a private matter between him and the CIO or CEO,,, possibly both! A bit of overreaction IMO.
The person in charge of PR needs a reprimand more than any as all "friendly" media should be given a priority on all news,,, especially bad news (which this was not). The mkt over-reacted as did Alan IMO. A little news brought it back a bit but if ALL CONCERNED had acted in a professional manner the swing may have been negligable to non-existant. I think the mkt reaction was minor-- very minor but mostly uncalled for!
Believing in what is soon to come to this issue never made me think of selling--- only sorry I did not see the low as I sure would have enjoyed adding at that range.
Mr Cashion decided to leave. No big deal IMO. He has what he perceives a position he wants more. I have seen people do strange things for titles and for money--- look out at what some have done for both. This gentleman states his reason is for a promotion--- I hope he gets a title that makes him happy, a ton of cash, boat loads of options, and a promotion quickly. If in his mind he received what he required and his title and $$ will be more to his liking in the future he received more than anyone could hope--- no matter what titles he left,,, he seems to be happy with that received....... good for him and wish him luck! |
