Abattis Bioceuticals Corp. (ATTBF)

[GreenBrickRoad]

Actually the market is acting as predicted. The CEO of a company could be a hairless goat with 3 legs and upon announcement of his resignation or removal the stock price of that company would still temporarily decline. This happens without fail.

Does anyone here remember the drama surrounding BBRY, formerly RIMM, when it's original co-CEO's resigned? Large shareholders, swing traders, and even company evangelists were begging for them to step aside and hand the throne over to a new, single CEO. The day they finally announced their departure, guess what happened? The stock price sunk like a rock.

Although I'm still uneasy about this ATTBF change, the fact that we saw plenty of investors freaking out and dumping doesn't really say as much as some of you might expect. That's just the consequence of the fear and anxiety that's always present when a CEO waves goodbye.