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Tuesday, April 02, 2019 3:23:41 PM
There must be people on the sidelines waiting for the bottom to form before they jump in
The problem is it won't bottom until Mark addresses the problem. It's no longer about the financials. The market punished the share price yesterday for the bad news.
It's now all about Mark. He needs to step up. He needs to address this head on otherwise the market will continue to slowly punish the PPS. The longer he stays quiet the worse it will get. He cannot afford to leave his transgression unanswered. He needs to show a serious sign of good faith and remorse to win back some credibility. Words won't be enough. He needs to ACT and do something to restore faith.
The other problem is if he does come out what will he say? That will be the next shoe to drop because if he continues to think everyone is stupid the PPS will get punished even more.
When they say trust is fragile it's not an exaggeration.
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