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Tesoro Corporation Message Board

  • ussremeydd688 ussremeydd688 Apr 25, 2008 1:59 PM Flag

    Wonder why KK hasn't come back with

    a lower offer?
    I mean he was willing to pay $65 a share and now he could make a hostile $35 offer

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • He must've realized he was dealing with a mamby-pamby, self important group of micromanaging stooges who weren't capable of seeing the forest (refiners are a supply constrained asset that could command a premium, to say nothing of a bidding war) for the trees (Oh no, we might lose our jobs!, even if the extra money we made from selling our shares would allow us to start our own ventures)

      Who did you knuckleheads think would run the refineries? Tracinda?

      Of course, all of the DD I have done on the Hawaii refinery suggests that that's an operational clusterf*ck anyway. But no-don't let KK throw in his $.02--why it might reveal us to be not worth what we're making from all those dweeb stockholders

      And a new COO-how big were the holes in this quarter that he was brought in to patch????

      No money manager worth his salt is going to get involved in this posterchild for protectionism and mediocity as long as the rights offering is in place...

      Jeez I can really pick em sometimes!

      Now where's that Palookaville bus......

 
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