FNHI - Technically it is horrible, due to the idiot that is CEO. The guy is only good to sell fish in the market. Talks too much, and, doesn't deliver.
RSI, MA50, PAR SAR, MACD, and, finally ADX, all gave sell signal after that week when he said on twitter that a PP would be launched, almost saying the 10k was imminent. As it did not happen, the market punished the idiot, punishing us too that are not guilty that an idiot is the CEO of the company.
http://stockcharts.com/h-sc/ui?s=FNHI&p=D&b=5&g=0&id=p49012651579Just an example. That idiot talked about the Private Placement a few weeks ago. He knows that a PP can only happen after the 10K being filed, so why the hell the idiot (a CEO of a public company) says on twitter that "a PP will be launched next week", clearly assuming that the 10K was imminent?
Why?
For what?
This is why I do not understand why lots of people say that he is a good CEO, and, a good guy. He is an idiot, period. Who cares if he responds to shareholders on twitter or per email if he lies the whole time?
A true CEO manages the company, and, only talks to shareholders through Press Releases. That's how a public company communicates with the public, if they do not have a Public Relations department.
Apparently the audit is taken much time because the accountancy was a mess, so why he did not talk in detail about this, to explain to the public that this would take time because of this, on that PR where he said that the 10K would take a few weeks?? That was the opportunity to explain to the public in detail what was going on, and, why the 10k would take weeks, maybe a couple of months. That would be honest, and, the market would understand, and, support the idiot.
Not explaining why, generated doubts in the market, and, some people sold, bringing the stock from .052 to .03 once again. And once again turning null and void all the technical buy signals.
Please someone tell the idiot to SHUT UP everywhere(twitter, emails, etc) and, issue a PR explaining in detail what is going on, to regain some credibility, because his credibility is at zero.
And he is the one responsible for the emails/calls he says that some people is doing, with insults and threatening the CFO. This is due to his inhability to manage the situation, with the talk on twitter, and, via email. He is creating fear in the market with what he says, and, then not delivering. If he doesn't deliver, people begin to speculate why, thinking that the 10K is being delayed due to something bad, so in panic some people have this kind of stupid reaction.
He is the RESPONSIBLE for this situation. He doesn't understand this because he is an idiot, pure and simple.
Issue a damn PR, you idiot. From a CEO of a private German company with 100 employees, to another CEO.
Topic: WKSP - Worksport Ltd. - NASDAQ (Read 10811 times)
