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Originally posted by dukey008
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umw the market is prone to panic. What has changed? The same fundamentals are there. For all we know there may be many reasons unknown to us as to why Jason "resigned". Has his family situation changed? Has he been offered a better higher paying opportunity? Was he politely asked to resign? Perhaps PSY weren't happy with the progress he was making? Perhaps management feel they need to make these changes in order to progress? Bottom line is the market will always assume the worst in order to protect their interests and in this case they are assuming Jason is leaving because PSY's tech has no future. That's downright ridiculous if you ask me. The tech has a huge future and this change is just another move they need to make in order to get there.
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Couldn't agree more, the company doesn't appear to have terminated his tenor, he resigned immediately. Nothing in the ann to indicate why so everything is guesswork.
