Jun. 28 at 3:54 PM
$CDLX
I think it’s really time now management finally started buying shares on the open market.
Leading the charge, of course, should be our super CEO Amit "Cash" Gupta. If he doesn't know how to buy—since he’s only ever sold before—David Evans could lend him a hand.
What "Cash" Gupta likely hasn't noticed yet—but will realize the moment he actually buys—is that the share price is now only 50 cents (split-adjusted).
That’s when it should finally dawn on him that he isn't the CEO of MSFT or AAPL; he needs to adjust his behavior and statements to the actual situation and face reality.
The way he commented on losing BoA as a client, and the fact that he disappeared before the end of the last earnings call, are examples of how he has lost touch with reality; he’d probably sell himself better in politics than as the CEO of a small company. If he were a politician, he could spin that as a success—pointing out that the share price was
$3.20 at his appointment and is
$4.70 now—