Martha do you have your head in the sand? Seems so. Martha you have to stay current on what is happening in the market. Doesn't seem that you know whats going on. Its the overall market that is dragging PBY to where it is not Mitch and his crew. If it weren't for Mitch PBY would be probably below 8. Thank goodness he was wise enough to get rid of the dead weight. You know like those that like to complain. With your handle we all know you probably complained... Gee I can't make it to work today...see I've got these terrible cramps. Gee I've got to go to the ladies room for personal reasons. Tell me Martha did you ever do a little weed in the bathroom?
This cutback was not about pruning deadweight. It was IMHO another infantile and reactionary "omigod" we crapped the numbers again knee jerk because the senior team is clueless how to run the business or structure a functional business plan. "Well, let's see...the Street always likes cutbacks." Such brilliance is rarely witnessed except at icons like WorldCom and Enron, not to mention Arthur Andersen.
Martha has agitated this board for years. Get over it.
The quality of service in a most broadly defined sense has degraded appreciably under Mitch, Page and their cabal of stooges. This in my opinion is why the numbers are bad and such a stupid, knee jerk cutback was ordered down.
The numbers speak the truth. AZO is the much better buy. Has been. Is. And looks like it will remain so.
Then, again, when those Holiday Gift Card sales begin to kick in...
How about disclosing some of that inside information you keep touting. In the years you've been babbling, you haven't told us anything of value. If you were so close to Mitch, how come you didn't know about his resignation before it was announced? What is your inside information about who will replace him? Who is being considered?
Anyone (including mouse) who listens to you and risks enough money to buy an SUV betting on a 10% downside move on this stock is a fool, or has money to burn.