How bad could this be for us longs ? 52 week lows seem inevitable and I really loth the clowns that are running this ship but if you lock a year or two out, no one will care about this transgression, this is a short term distraction amid what maybe an improving year for the company and the industry. I will average down after the earning next week and hold.
This will either blow over, or he will be forced out. Neither, will be a bad thing long term IMO.
The only problem with what you posted is its pretty much the same thing all of us have been posting for 2 years now........This stock has to be higher a year from now etc. Then a year from now we are at the same lousy price point.
I still agree with you, but when is the future potential going to be the present? This is getting ridiculous. We dipped below 4 briefly there....#$%$!
I agree, Cleveland. I want to sell and move on but know it wrong to act on emotion alone and there are positives for the company and industry in near term. It would foolish to have held and average down all this time only to sell into a panic becasue a deranged CEO. I am still po'd. though.
Stock should rally if they get rid of that scoundrel henry. Preening villain is what he is. And if it is a setup as maple suggests then the shorts will get burned as they have to cover. He's done a lot of research whilst at applebees. Seems to have it pretty figured out.