When your company's stock drops sharply, Nolan advises executives to pause before selling. Diagnose first: is it a market problem, a sector problem, or something in your business? Staying calm and acting deliberately beats panic trades.
When an executive calls us because their stock just dropped hard, the first thing we do is probably not what you would expect. Nolan, what is the first move?
We want to channel our inner zen. We want to slow down. Remember, the first decision made in a panic is almost always the wrong one. So before any trade, we actually need a diagnosis. Hey, what's the problem? Is it a market problem? Is it a sector problem? Or something wrong with the business? These are three completely different responses. So the executives who generally come out best, they paused, they got clear, and they acted deliberately. Remember, in these cases, speed is often the enemy.
So if your stock is down and you feel the urge to make a dramatic change, that's exactly when you need to call someone first and seek some advice. Set 30 minutes with me, no pitch. The booking link is down below. We'll talk about what's the next prudent move for you in this situation.
