with regard to how emc ran/ run their business and reputation etc. Normal shareholders will usually be unaware of commercial market sentiment. Only guys working in the industry or have deals commercially with a company would know. if a company is a bunch of cowboys but have a squeaky clean image it makes it hard for outsiders to know what’s going on. Essentially if you have access to commercial space and can make a judgement about how you invest is “insider trading” in a way as you have knowledge no one else has and you can act upon info.
I’ve experience this with various companies in my civil engineering career where some Guys looked hell dodgy but in the share market they were a gem. Others just plodded along and got things done. One notable company back then was FMG - some of the things you heard professionally from guys who worked for them didn’t reflect in share market sentiment any any way. I guess when people were buying shares sub 50 cents that ended up going above a 100 before 10 for 1 share split a bit of Cowboy antics here and there aren’t concerning.
Having well paid marketing guys to help create an image is helpful. Hopefully progressional reputation doesn’t spill over into sharemarket reputation and tank your stock,
CCE Price at posting:
0.4¢ Sentiment: Sell Disclosure: Held
