Mara, agree the drop has to do with what you said. However, before the drops, before the disappointing quaters, before the unfavorable jury trial... Before all of that...
The failure of this company is before those events unfolded. When you are CEO of a company that is pretty much binary... you must attack the streets, you must pound the pavements. You must tell your story over and over and over and never stop. That is what you owe your investors.
This was not done... or not done enough. For me, im not pissed the stock is down, because I prepared myself for this to happen before I bought a share. Im upset because if you were to ask me, did the CEO do what he should of done did IR department even know what they were doing, I can say no.
Anyone who defends them is blind to the sector, blind to what is needed to make things work.
This is a momentum based business going into to things, like trial, judgements, pacers... all those things is what is supposed to make the wheels spin. Mara had to many dead periods, to many lulls during events that are supposed to create buzz, noise, action.
And when your CEO speaks so well like Doug does, sound so educated, so nice, so welcoming, polished, and doesn't do these things you begin to wonder was it all a show.. was it smoke and mirrors.
He created those emotions not me... and the stock price, and the exodus of institutions and the nonchalant responses to some pretty interesting events in MARA proves that nobody who we sharehodlers need to believe...believe anymore.
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