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Famous Dave's of America Inc. Message Board

  • appletonrocks appletonrocks Jun 3, 2014 3:15 PM Flag

    How Long Does Purcel Get To Suck Off The Hind Teat at DAVE

    I assume she has a severance contract.

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    • If I remember correctly, O'Donnell and Purcell renegotiated their severance packages when they realized it was inevitable that they were going to get terminated. I think it was one year pay for each for their severance. The real severance package is ongoing as Purcel has been dumping all her shares (acquired for free through stock options) in the last week. She sold 45,000 on May 27 and May 28 as the last squeeze was starting to take hold. She has been selling since that time and has around 23,000 shares remaining (which may have already been sold and not reported yet). There was a pre-market sale of 20,000 shares yesterday which may have been her. Once her shares are gone, the price will start creeping up again.

      Sentiment: Buy

5.15-0.05(-0.96%)Oct 21 3:59 PMEDT