Was not long ago anyone who cautioned anyone about this company where lectured on how great Vic is.pujols wrote: ↑Jan 11th, 2019 11:49 pmWow, the market must really hate Vic Neufeld. APHA releases subpar earnings and reveals that full production capacity in Canada will be delayed by up to 6 months, yet the stock rises...the only logical reason is the CEO departure.
Contrast this to previous quarters when the company would consistently release solid financials that had no effect on the share price.
Hopefully they can find a capable and much more charismatic/media-friendly CEO who can repair the company's image.
The likely reality is that Vic gets to walk away with more money made on this that his entire career and gets to exit before these company gets judged on results and the real work starts. Pretty good play from Vic.