Yes, LB can and should be held responsible! He's been at the helm and has relentlessly sunk the price down to these ridiculous levels since the 2014 IPO. He needs gone and quickly.
See why are you obsessing about MCAP? It's the business value that's going to underpin the price, or not. A problem here given the current debt, a couple of small cruise liners on order and bonkers goodwill.
RE: No shorts open on SAGa anymore10 Apr 2019 12:33
Yes it tells me they probably knew something before the update, as they weren't going on January's comment were they. And they can hold out until it starts to lift.
Benefit of the doubt is long gone here - market wants the mngt out and/or restructuring to move this up imo. Another new low intra-day here despite a slight reduction in declared shorts. Technical bounce possible, but drifting / walked down probable. Any income catalyst negligible now divi 'reliability' shaken - must question any mngt guidance here after those appaling forward looking statements followed such a benign January update.
They are possibly shorting or benefiting in some undisclosed fashion. None of these analyst statements are simply what they purport to be. I have added.
Volumes are fairly low but still I don't think I can recall a period of trading in such a tight range as this is being held in currently. Awaiting news I guess.