Gave the pumper ample opportunity to find excuses, but he came up lame.
Maybe so, but "volatility" was YOUR argument. You're using "volatility" as a euphemism for "we don't want you to sell your stock so we are keeping the monthly comps hidden."
If the volatility is the same, why not FULLY DISCLOSE monthly comps and let the investors decide?
...and they're rapidly losing the huge difference in stock price with WAG. Keep trying!
...and it's been WILDLY VOLATILE ever since!!!!!!!!!!!!!!!!!!!!!!!!!
Show me how refusing full disclosure has helped prevent volatility in Starbuck's stock. That argument just got flushed.
You gotta be KIDDING ME! Take a look at Costco's one-year chart, and then tell me how this deceptive practice prevents volatility.
"volatiliy" means that investors are given Full Disclosure and are able to make decisions accordingly. Some companies don't want investors doing this. They prefer to hide the monthly comp numbers and hope investors don't notice.
If "short term manipulation" equals the buying and selling of stock based upon their up-to-date performance, then that's the way it SHOULD BE. If "stable stock performance" results from keeping the investors ignorant of monthly comps, then you're setting yourself up for huge panic selling upon quarterly bomb drops.
No. Just use the same accountants they used before they started refusing full disclosure, Sherlock.
"determine"? No. Predict problems? Yes.
Monthly comps would give investors the opportunity to adjust their positions without the panic of a quarterly bomb drop.
I think intelligent investors can see through the excuses that some companies give for bad monthly numbers. These numbers provide an up-to-date barometer for the company's success or failure. CVS doesn't want investors to stay current with their success or failure. They prefer to keep the numbers hidden until the quarterly reports. They apparently feel that "investors" like you are too stupid to notice.
Smoke and Mirrors. That's just a fancy way of saying they don't want investors snooping around hidden monthly comps. Other companies offer Full Disclosure. CVS doesn't.
Maybe if CVS would quit hiding their monthly comps, it's stock might soar like WAG stock.
You'd make a good politician. Avoid answering the question and try to redirect the discussion.
Why does CVS refuse to offer FULL DISCLOSURE?
Still no intelligent responses. Bashers are trying to sidestep this question. Why doesn't CVS offer FULL DISCLOSURE?
What are they hiding?
Serious replies only. Not interested in hearing from the pumper who keeps changing his ID.