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Валгрин Ко. Message Board

  • nomorehomes nomorehomes Nov 5, 2012 11:20 AM Flag

    Management has the wrong incentives IMHO

    Read the financials. Why should management get a bonus on the number of stores opened? The focus should be on creating a profitable brand long term. Another management team that are pigs with options and RSUs and other gifts to themselves if you ask me. The wrong incentives lead to the wrong investment decisions. Moral hazard.