Oct. 31 at 11:18 AM
$CMRC BRAH: You don't have any salient points, you just keep affirming the Bear argument on BigCommerce:
📉 CMRC: Stock Price and Market Cap Loss Under CEO Travis Hess, who was hired to sell off the company's assets to PE / take the company private:
The strategy is to cheapen the acquisition price of BigCommerce, and 'unbundle' it, so a potential acquirer can buy BigCommerce for less than the previous market cap, and does not have to burden themsleves with either MakeShift or Feedonomics. They can be acquired separately now with the new holding company arrangement. But back to Herr General Hess and Operation Faceplant:
**Travis Hess was officially announced as the CEO of BigCommerce (er, Commerce.com, now
$CMRC) on October 2, 2024:
**Significant Percentage Loss: The stock is down over 26% since the CEO change, despite the company's continuous efforts to push its Real Soon Now Vaporware "Agentic AI" narrative and after a DISASTROUS and EXPENSIVE FAILED re-branding.
**Massive Capital Destruction: Since Travis Hess'ss appointment at the end of 2024, the company has seen roughly
$126 MM+ in shareholder value VANISH. This figure represents tangible, fundamental capital destruction under the new management team.
**The Penny Stock Trap: The continued decline below the
$5.00 threshold validates all original SHAREHOLDER concerns about institutional investors being forced to liquidate or simply refusing to touch the stock, making SP recovery increasingly difficult under Herr General Hess and his Wealth-Destroying Junta.
**The loss of over
$114 Million in market cap is a CRYSTAL CLEAR metric showing Wall Street and the market's complete lack of confidence in the current leadership and strategic direction promulgated by Travis Hess and his Junta.
**Data Privacy and Compliance with International Data Standards like HIPAA and EU GDPR, Canada PIPEDA and Mexico INAI: this is an entirely separate can of worms that Travis Hess and his bungling band of shareholder wealth destroyers has opened up themselves, like a Pandora's Box of Government Inspections, Investigations, and MASSIVE POTENTIAL FINES.
**Failure to Vett Operations in non-compliant jurisdictions has resulted in multiple government complaints and filings in multiple jurisdictions related to data leaks in countries (URUGUAY) that are non-compliant with US HIPAA and EU GDPR data laws, including warnings from the US Southern Command on banned Huawei infrastructure and anti-US Dollar Alipay buildouts.
**Attacks on USA-based ex-Affiliates and Partners has already resulted in FTC and S.E.C. filings -- again, not a good look for a company looking to break into B2B and Enterprise market in the USA.
**All this from a company that is intent on the B2B Enterprise Marketplace in the USA - what enterprise is going to attach their logo to the Nazi Eagle and the Hammer-and-Sickle roadside displays in URUGUAY? The VP of URUGUAY is a card-carrying COMMUNIST!
**NO EARNINGS, Negative FCF, Dwindling cash reserves due to poor management choices, and all we have to show for it as SHAREHOLDERS is Real Soon Now Vaporware AI-generated Bedtime Stories.
**The clock is ticking on Herr General Hess and his Wealth-Destroying Junta...let's see some explosive EARNINGS in a few days or hopefully the owners propping this carcass up for millions every AH will see the light and get some real professional eCommerce talent in at the C-Suite.
NOT ON A SUCCESS TRAJECTORY, APES
