In my opinion, it is an useful indicator. Just need to look at a few indicators and not just one. always do your due diligence before committing to anything. As the saying goes, “Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing. - Warren Buffett”.
We are now in the era of digitalization. Everything is so accessible online, not surprising for $Sea(SE.US$ value to increase. There is potential in the business and it must feel good for the CEO to see this business take off! 👏🏻
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Firstly, to be a successful CEO, one has to be passionate and enthusiastic about the company and the product/idea.
Secondly, someone who has built the business from nothing.
In this case however, Tim Cook took over from the late Steve Jobs. He has done no less of a work and has even brought the business to greater heights and significantly improved the value of the business. That to me proves his ability and showcases his commitment to the business. So yes, Tim Cook is a successful CEO/Entrepreneur! 👍🏻...
Secondly, someone who has built the business from nothing.
In this case however, Tim Cook took over from the late Steve Jobs. He has done no less of a work and has even brought the business to greater heights and significantly improved the value of the business. That to me proves his ability and showcases his commitment to the business. So yes, Tim Cook is a successful CEO/Entrepreneur! 👍🏻...
I feel that it is still possible that it will continue to soar given that it has now gotten full FDA approval. Can buy for long term investment! 😊
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