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Home 🌿 Marijuana Business News 🌿 Public Company Presidents and Chief Executive Optimists 🌿Public Company Presidents and Chief Executive Optimists
CEOs run companies, nominally at least, but if you are an investor, especially one who has cannabis shares on the OTC Markets, it would be wise to remember that the acronym can also mean chief executive optimist.
If you are holding shares of a cannabis company, positive news about the company’s progress and products are always welcome, but don’t confuse optimism for good news. You need relevant information to make investment decisions, not enthusiasm. Even negative news, albeit unwelcome, is still important to an investor so you can make a decision to withdraw or reinvest.
Paid promotors may or may not provide the information we need to make smart investments. We like to think that statements by CEOs will give us more clarity since they should know the inner workings of the companies they manage. They may, but do they actually share the important data?
Extraneous factors keep the share price...
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