Saturday, March 23, 2019 8:51:18 PM
Wish I had the last 10 minutes back.
IMO, it is another mistake for CEO to give "guidance" beyond very general comment.
What the CEO needs to do is provide TRANSPARENCY ..... NOT guidance ... As any specific guidance opens the door to DISAPPOINT. Pretty simple. TELL THE MASSES WHO YOU ARE WORKING WITH, WHAT YOU'VE PUT IN PLACE, WHAT YOU ARE SELLING AND WHAT YOU ARE DOING IN THE MARKETPLACE. Guidance if anything, after telling investors what you are doing, is to say nothing more than as a result .... The company expects to begin reporting higher revenues beginning in the F3Q. Then let the speculation begin.
Then report the numbers on time and begin to establish the credibility that is sadly missing. With credibility potentially a stronger stock price as long as investors have a general understanding of where the company is and where it expects to be going. Revenue and earnings growth will determine where the stock price ultimately goes from there
It's pretty simple. Under promise. Over deliver. Be transparent and deliver what you say.
Amigo Mike
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