Actually holding IS a vote for the CEO. He is the lead person determining what will happen with the funds post bankruptcy. Holding the stock is a affirmation that an investor trusts him and his decisions.
It makes no sense at all holding a stock if you think the CEO is criminal when he will have access to the funds post bankruptcy, and determine where the funds will be spent.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.