Actually it doesn't because you have no way of proving that it wouldn't have gone up to $3 without a CEO change and Nelson is still a board member. By the way how are all the other solar installation companies doing from a share price performance under the current business friendly administration...? Not good either? Hmmm must be something else driving the downturn. Jim Nelson's mediocre performance only accounts for 25% of the downturn in SUNW. So that means Sandy's analysis is 75% BS.
About what.. I don't understand what you are getting at..
Ohh.. please rethink that. Like it or not, all the solar companies, although loosely, are connected. Just as the solar sector is connected with the price of oil. When an entire sector makes a move up or down, there is a reason for it. A big one.
For example, a few years ago the price of oil dropped big time. The airline industry stock prices went way up because the cost of fuel, one of their biggest expenses, suddenly went way down. Around that same time is when bad things started happening to all the solar companies. Everything in the energy sector took a hit.
Yesterday our beloved president, in his infinite wisdom, announces that the USA will pull out of the Paris Accord setting back the entire green energy market, probably decades. Bad news. I would not be surprised if all of solar takes a dive today.
You need to ask yourself WHY they weren't very good. Maybe its because of the things I just said.. the entire sector had issues.
Me being a big picture guy, these things are easy for me to see. So if SUNW drops, its not always Jims fault. Even the CEO has no control over everything happening around him and Jim happened to be CEO during a bad time for all of solar. Oh sure, he is to blame for some things .. but not everything.
And don;t forget, Jim is the one that got Solar3D on the NASDAQ in the first place. Other wise we would still be a pink slip over the counter penny stock. Give the man some credit.