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Costco Wholesale Corporation Message Board

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  • the_sarcasticon the_sarcasticon Sep 20, 2012 11:25 AM Flag

    CEO is a AO DEM

    Jim Sinegal has never hidden his party affiliation, so it's not much of a surprise. If you are upset with him and own Costco stock, this is the time to sell as it's very close the all-time high.

    However be aware that the reason the company has succeeded and the stock price has grown so much over the years is because Sinegal and his team have been focused on a long term strategy of growth and job creation.....rather than the "make a buck today, then reap and run" executive mentality so common today.

 
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