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Sunday, 05/05/2024 4:47:52 PM

Sunday, May 05, 2024 4:47:52 PM

Post# of 7218
Fiduciary duty doesn't mean doing whatever some amateur stock flippers on social media say. His first priority is to maintain the company as a going concern. Succeeding at this automatically fulfills his legal obligation to protect shareholder value.. He cannot control peoples perceptions of the companies value beyond the reported financial condition. He cannot control that people bought in when the companies PE ratio(if it had one reported) would have been over 1000(even now its at least 200)(if you don't know what PE ratio is, you should consider another get rich scheme...try bitcoin)
It is not his "duty" to give feel good speeches and other BS on social media to help people flip their position.
The company will either grow or die. If you feel your stock entitles you to some legal remedy, try voting him out...
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