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OpenTable, Inc. (OPEN) Message Board

  • gere33982 gere33982 May 4, 2011 9:48 AM Flag

    How long... has this been going on?

    What is really going on here?

    Stock selling off like crazy before earnings announced yesterday.

    Earnings not too bad, but change of CEO. What does this REALLY signify?

    Clearly the CEO has already made so much money on stock that he doesn't need to work at all if he doesn't want to, so you can rule out personal reasons.

    I guess that means he was given the boot. But why? Is there more scandal to follow, will earnings be restated?

    Overall I am short at $120, but only have a small position and so no particular dog in the fight.

    It seems to me that the company has been extremely overvalued up to this point, so a correction was due anyway, regardless of the CEO.

    A good business in a niche market, to be sure, but hardly likely to change the way the whole human race is fed.

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