I think he could have handled this news a little better. But I truly hope that I'm wrong and he knows what he is doing, I hold a great deal of shares and I'm up overall, but I'm hesitant to buy more now.
Although I do want to mention two things:
1) it was the same scenario in May with a great quarterly result and no movement in the stock, but a week later it shot up 300%! On the same exact news as the week before!
2) a little dilution for growth is an overall good thing and will pay off in time
This stock is usually red on a Friday anyways :)
Not a basher at all, I actually really do believe in this company long term, I would just like it to hurry up and catch up with its true value in the short term
Have a great weekend
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