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Yellow Media Inc T.YLO



TSX:YLO - Post by User

Bullboard Posts
Post by ferrido5on Nov 07, 2011 1:29pm
278 Views
Post# 19215614

Tellier and Co should be gone ASAP.

Tellier and Co should be gone ASAP.I was hoping for rebound after 3Q results. It didn’t happen. I sold half of my position with a profit and hold the other half in my other account where I am deeply in red. It seems to me that YLO management are bunch of dinosaurs who have no clue what they are doing. I believe that pref. shares the most risky class right now since it’s pretty obvious they will soon eliminate the divvy on all of them . And it makes sense. The debt those A$%%$$es have collected needs to be paid. I still believe they will survive, but Tellier  and Co should be gone ASAP.  There is absolutely no justification for paying them huge salaries while they continue to mismanage the Company.  Reduction-in-Force should be the first step to start fixing the wreck. But I greatly doubt that these people have any dignity to resign on their own. They only thing they know is how to milk the cow and meanwhile most of the shareholders including myself ( who already lost 90% of their money) will be watching how the fat bankers and short sellers continue to make big profits, exploiting the fact that the Co has  incredibly incompetent management who was responsible for the SP annihilation, depriving their most loyal shareholders of their life savings  and still have an arrogance to collect their paycheques as if everything is perfectly normal.
Bullboard Posts