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The Talbots Inc. Message Board

  • buckethead555@att.net buckethead555 Dec 1, 2011 6:41 PM Flag

    only reason trudy is staying on

    if Trudy was fires she would be forced to sell her shares asap. because there is a deal about to be finished they are allowing her to sit in her office and drink frappes. this was part of the deal, because once the CEO gets fired they must liquidate all shares in the company. am i the only one who sees the writing on the wall. the major holders have not sold out or this would have crashed belowe a buck on heavy volume. anywho we should find out more soon enough.

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    • She only has 500K shares. That would only take a few trades to liquidate without disrupting normal trading. Why would anyone give a turd like her the courtesy to stay onboard for a buy out? Personally I wouldnt be surprised if we see this down in the CWTR levels before we see it moving up. Poor leadership, another miss for the quarter, and it only seems to get worse. I took a 30% loss and might look to get back in under $1.

 

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