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Charter Financial Corporation Message Board

  • yossarianishere yossarianishere Jun 25, 2003 10:14 AM Flag

    Do you trust management...

    to do the right thing? That is the question. If they are really going to spend capital trying to make this into a true retail operation, or acquire other shops, as they have indicated on their road show, then I'm a seller. They have shown no ability in that area. In fact, they really have shown no ability in any area other than the well-timed purchase of FRE 10+ years ago. People hold this stock expecting a remut in a few years. I'm not sure management is even smart enough to understand the concept of remutualization, let alone the ability to go through with it.

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