Any thoughts? Have we bottomed?
The day is half over, do what you don't want to do, cover now, it will only get worse. Your friends are covering there is no honor among thieves they are saving their own skins, cover now it will only hurt more if you wait.
Yes I did, and a little above 15 ps, but have lost patience with this stock. Sorry, we should be at 30, not 21. I see nothing that will get people excited about the stock, but I may get back in around 18 or less.
Costolo's credibility is the main issue, nice guy terrible CEO. If he remains he must learn from his devastating mistakes, there is no excuse for his lack of execution and attention to detail. He seems to miss too much even though his ideas are pretty good. I think he will need a few quarters of no excuses, no screw ups to regain credibility if he remains. I'd like to see a new CEO.
I think you're right, he should resign, his execution is terrible. For the good of the company and the shareholder please resign.
He looks like he's been on a coke binge not a great showing for him. We needed damage control. Let's see what the market says on his interview.
He's very nervous and defensive, not a good speaker. You can't call him smooth, looks sweaty and the beard looks bad. His answers are way too defensive..
The earnings release isn't relevant, the problem was poor execution, not monetizing, lack of transparency of Costolo. Whether the earnings came out in the morning during the day or after the close isn't the problem.
Shareholder were blindsided and led to believe we were making progress. Costolo will be on CNBC this morning I will listen to his answers. Hopefully he gets some tough questions.
Irresponsible of Costolo, when the information came out yesterday is not the issue, the information was the issue. If he pre-announced he would have gained credibility and honesty, his transparency is questionable.
He is the CEO he is to blame, why can't he monetize? This product is used by many, it's unique and he can't make money. His integrity is questionable too, he knew and should have pre-announced.
I agree, but the fact is the numbers were bad, the truth no matter when it comes out must come out. Costolo has a lot of explaining, he should step down.