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Green Dot Corporation Message Board

  • mtheis17 mtheis17 Apr 11, 2013 9:43 AM Flag

    is a new CFO really that bad?

    investors are acting like the sky is falling

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    • He gave a lot of notice (by Sept?) and will help finding his successor. Plus, he gave a somewhat-plausible reason for the move (going back to his wife's home country of Sweden.) So, it doesn't seem to be as bad as many CFO departures where the guy gets out right away with no good reason. But, any time the CFO leaves without getting a good promotion elsewhere, it sends up warning flags.

      • 1 Reply to davidc334
      • I agree but in this case I don't think its anything to worry about. Investors seem to be dealing with it, as the stock was down big this morning (around 75 cents) but ended up closing only down 40 cents. There is always the possibility that GDOT finds a CFO with a better track records then the last CFO and if thats the case, the stock will pop on that news (but I dont expect that news to come out for another few months). Hopefully we can resume the uptrend once again...

    • Coordinated shorts using the news to drive the stock down. Hang in there, nothing has changed. Too many good things happening in this industry to get out of this stock.

      Sentiment: Buy

24.15+0.09(+0.37%)Jul 22 4:02 PMEDT