A correction, the CEO was on Switzer the night prior; how and why - still a questionable timing issue, as such interviews would I assume take a bit of strategic planning and arrangement to occur. Imagine the shock after watching Thurs night and feeling good from the interview, then the 11% plunge the next day! The official change of substantial announcement was not released until approx. 3, and not all retail investors read HC and/or know of 144edward. This day and price movement would have been gut-wrenching and bewildering, I would imagine. Then at latter (post-3 pm) trying to understand the rationale of the founder selling out would be emotionally and logically taxing.
NXT has been discussed on Switzer prior to this particular interview (as Peter Switzer states in his vid of such). I am hoping Mr Switzer will say something tomorrow night in regards to this arranged interview of the 20th and the founder sell-off the very next day. Despite Mr Slattery's explanation as to his reasons why he sold, it was still both schemed and very 'experimental' imo, as he can not possibly 100% know what his actions will incur in any future timeframe from here.
For the retail shareholder's sake (who weren't alarmed to sell or stop-loss victims) I do hope this sp does recover further and strengthen going forward. For those who did sell during the course of the day as a result of this pre-meditated shockwave, they would well be entitled to have personal grievance with 144edward/Bevan Slattery in my opinion. The circumstances and behaviour surrounding all this is truly astounding in a 'very concerning' way imo.
NXT Price at posting:
$2.01 Sentiment: None Disclosure: Not Held
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(20min delay)