SEC should raid the offices of the jerk Buffett and Berkshire to see if he is making insider deals with KO, IBM, and Tesscoo for possible deals to take private.
This is actually good news. 1. He wants to show Hibu was wrong. 2. He will focus on print sales, possibly stopping decline. 3. He will see digital is a growth area to be left alone. He has over a decade experience at Yellowbook so he should be experienced. BT was sold to private equity for $3.5 billion in a LBO.
I think I read about the reit idea here a month ago or so. Seems like a good idea. They can just close the stores down as fast as possible and lease out the stores or parts of stores to those that "win". Maybe they could also build apartments where the sears use to be and use the other half for a mini mall.
I will take it back as he seemed to do a good job at Yellowbook. But why isn't he still working there? If he wants to he could run the company in the ground for the benefit of yellowbook. Or he could be a true competitor. We will see.
It is sad this moron is going to get it. It is a no brainer, just keep the same people and pay off the debt. He deserves to get a free egg McMuffin at McDonalds, that is about it.
Actually decided to check last quarter in 2012 RPS $8.94
Gurufocus 2014 RSP 14.57
That is a 62% gain in my book. All these lawsuit and crybabie costs will wind off in a year. Assuming they can pay all the debt.
Revenue per share is up about 40-50% since he cried like a baby. People have choices in this world. Unlike the Red Cross, Herbalife actually pays taxes to support the country.
Watch the youtube videos and the company really is not all that special. Even the solar, who cares the solar companies are doing their own internal research. Look at how they did not care about a clean balance sheet they spent like drunken saliors printed stock and did nothing to only spend their profits.
RSH had over $1 billion in cash a year ago and they blew it. RSH is a joke. GTAT is a real company that is making real high high tech materials.
Even got a commercial for you. I am going to Sears, I am going to kmArt. Hey, why not be smart about it and go to both s-mart.
Why play the game, they are the same company.
77% voted for the sale and 99% of those voted yes. However there are 1000s that did not want to sell. Many did not vote. In his book Capitalism in the 21st Century, the clown Picketty claimed capital always moves into smaller and smaller hands. The reality is govenment does not protect the minority, the majority even if 1 or 2 people can take away the shares of the minority. Just look at the long list jerks like Dell (DELL) and Buffett (HNZ) for examples. What we need is a 99% total vote for a company to go private with all non-voted shares considered a no. ATT should be allowed to accumulate DTV stock and as they get more and more ownership they can start to get more board members.
I still try to understand why anyone would want to sell to ATT, this stock is almost guaranteed to quadruple in 6 years with virtually no risk. Hope Mike White moves to another stock so I can buy it.
All government funding should be eliminated to schools. What right does the government have to take peoples money via taxes and give it to communist institutions. Most of these schools do not even pay property tax.
Cash flow massive +132 MM for 3Q
Free Cash Flow +111 MM
The negative earnings were only the result of impairment charges. We should be looking to buyback shares, not give the company away to debt holders.