RE:RE:RE:RE:RE:RE:RE:RE:L2babedinkleman wrote: Zemoy190 wrote: Ok am gonna call steven reitmen,,, leave 1 question you want me to ask,,, no dumb questions I will call the number on the website
Careful.....cornering guys like this can make their disdain for shareholders grow.....and he'll potentially continue starve them out of spite....LOL
In all seriousness obviously the uplisting.....the dividend.....the buyback. Not that I'd expect much clarity on these issues......other than maybe whay you don't want to hear.
Always sucks when you have people who are great running the business side companies but fall short on the running publicly traded companies side. I'm sure the plan is to take it private as cheaply as possible.....basically starve shareholders of all that is good until they just can't take it anymore....then hit them with a lowball offer.
you have to ask yourself then why did they not do this 2 years ago when in protection? Privatization would have been easily done for $.50 at that time. Also what does he do with it if it is taken Private. He is getting old and I don't think that is a great strategy. I still think Canadian Tire would love to have this accretive division on there books. They could pay $5.00 tomorrow and still call it accretive. I usede to own Mark's work Warehouse and who would have thought Can tire would buy them out. They also took over Sport Chek and Party City so they are not immune to buying out of thier core business.