GREY:LGLTF - Post by User
Post by
Hawkeye2012on May 23, 2014 1:35am
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Post# 22590638
one dollar is a long way off
one dollar is a long way offI am surprised that mr. Ryu has not done much except fire some high payroll executives to stop the flight of investors from this stock. Executives like Bev Reid are not a dime a dozen as some poster claimed. Quite the contrary. Mr ryu will be hard pressed to find experience like that. You get what you pay for. ESL is a highly serviced based industry. Mr ryu is going to reap what he sows by letting go of the experienced staff (who unfortunately cost a little more than some green horn of the street)
I am still trying to figure out why investors started to flee this stock after the last results and i think the recent unionizations have played a big role. WTCB, PPC, and PGIC which recertified under mr Ryu's leadership are making cost cutting and consolidating very difficult.
it is just midblowing that a group of staff who rejected their union and went through the whole process of decertifying were actually that badly treated to recertify again.
bad leadership ..bad decisions...that what mr ryu is delivering.
and the stock continues to suffer....
board are you watching this???