Agree completely. Whether Cohen would like to believe so or not, this has been entirely self-inflicted. We can see the trend as soon as the X beef started, then when a PR guy came in we saw it start to at least maintain and rebound a little and the Michael is removed and X BS starts back up again and we tank once more. There literally cannot be a more clear picture as to what happened here.
We have lost 95% of our value in a few months as a result of our public image being destroyed.
He has got to stop thinking this isn't the case. He cannot honestly say he hasn't lost credibility/confidence with shareholders with that kind of performance. Whether what they say is true or not, the people posting on X have absolutely overtaken the narrative here. Facebook/Linkedin stats are great, but it does not or has not translated in any way to share price appreciation but the X debacle has definitely caused the free fall in share price among other things. This reality pill needs to be swallowed. Mea culpa's need to be made and shareholder confidence needs to be restored. People aren't selling because the business is failing and I hope the next set of financials released reinforces that, they are leaving because they do not trust the top brass. I am sorry, but there is just no other explanation here and the sooner this is realized the sooner we can get back to a trading level that reflects the asset here.
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