Post by
vega509 on Nov 28, 2023 11:45am
IMO management has no more .......
credibility
shareholders to fleece
money to keep themselves living large
empty promises that anyone would believe
Fortune went public Nov 7 1997 at $7.70 / share ($14.40 in todays money). the stock never reached that price again. for the most part it has been all downhill with the ocasional and short lived uptick. those who invested at the outset have been rewarded with a 99.83% loss and can take comfort the execs rarely missed a payday.
other than collecting paychecks, what has management accomplished in 26 years?
Comment by
elitespooner on Nov 28, 2023 1:02pm
great Corporate welfare; exactly what Taxpayers want ...
Comment by
vega509 on Nov 28, 2023 4:03pm
so .......... give them another 23 years to show a little progress and pay themselves many more millions over those years? stick a fork in Fortune, its done, and has been for well over 5 years