Good on you playing company at there own game.
It's an unenviable situation when you know and fully anticipate the CEO to make horrifying gaffs at every turn. I was all set to do the same but made a fateful error sharing info I had doubled down that evening here.
My hunch is that was simply to much to resist and she launched her well prepared R/S notice early the next morning. I knew she was no stranger to these ruthless actions but after only 3 days in the stock there was another threat of an R/S, the rumors could not have been made clearer.
She has clearly signalled her intent here and there's 3 cardinal rules in investing:
1) preservation of capital
2) preservation of capital
3) preservation of capital
It doesn't make sense or logic that she would Savage her investors repeatedly for 4 years in a row when there are other sources of funding. I don't know that it's illegal but I sure is shooting noise incredibly dishonorable. I'm giving her a white her birth this time she can't be trusted that's all, she's proven it. When I saw Jaguar health had 74% retail investors on board, my jaw dropped. I didn't listen to my gut and for sure I should have. A lack of institutional investors substituted by one questionable Institutional Investor is a huge red flag. I'm out till it goes either way, I have ZERO trust and ZERO faith this CEO knows what she is doing.
Sidelines are the only* way I can risk capital with this company manageably. I'm watching closely, watching my capital much closer. Ghastly horrid management, awesome product. Good luck to you!
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