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People's United Financial Inc. Message Board

hottie362534 15 posts  |  Last Activity: Nov 21, 2014 12:46 PM Member since: Apr 13, 2010
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  • The stock is reacting incorrectly imo.

  • Reply to

    Paying dividends with borrowed money?

    by bend_it_like_buffett Nov 21, 2014 9:22 AM
    hottie362534 hottie362534 Nov 21, 2014 12:43 PM Flag

    The billions spent on dividends over the last several years could have paid for Coati and Boston. Now they can't. The return would have been better for the company AND the longterm shareholders by NOT paying the dividend. New shareholders are buying a mountain of debt.

    I love Wynn, but he seems to be being pushed too hard by LVS right now.

  • That doesn't make them employees. A club shouldn't have to accept dancers who refuse to shave their legs or armpits, arive whenever or leave whenever they want, and other unacceptable behaviors. If a club is to be professional, then it should be allowed to have rules for these IC's. If not, then they would have just anybody walking in off the street and causing all kinds of problems. I don't think the judge put much thought into the ruling. It's like he/she just wanted to move it along to meet some quota. I hope the defense team can educate the jury on the business and how much these dancers are actually making. But don't settle with these opportunists.

  • hottie362534 hottie362534 Nov 20, 2014 7:37 PM Flag

    They better not just write a check to these thieves. That's almost an entire year of earnings by 45 establisments and all their hard working employees. To just hand that over to disgruntled ex-employees of one club and their vulture lawyer for some technical wording is a major injustice.

    If they are IC's, then the lapdance fees are theirs and the company gets paid a cut for the use of their club.
    But if they are "employees", then the lapdance fee belongs to the club. It is not a tip. It's a fee established by the club. The dancers do not set this price. RCI should win the countersuit for over-compensation to these opportunists.

  • hottie362534 hottie362534 Nov 19, 2014 11:03 AM Flag

    There has to be a system that can work. Silly minimum wage requirements can't be the end of this industry. i don't think RCI should avoid new clubs just because of this temporary matter.
    One thing that has to change is the lapdance fee being considered a tip. It clealy is not a tip. Pehaps the dancers can get paid so much per hour and get commisions on the lapdances and lapdance bracelets. The more they sell, the more commissions they make. The tips earned while on one of the the main stages can be kept by the dancer since nobody is making the customers hand that out.

  • I mean, this was just one club in NY causing all this pain. Maybe the $32M Jaguars purchase wasn't a good idea after all. I don't like how Eric keeps tooting his own horn on that purchase in every CC . It's like he is trying to over-justify that move.
    On another note, can't something good come from this lawsuit? Like the lapdance fee becoming company revenue as opposed to the company only receiving a small percentage of it. It's not a tip. It's a service provided by the club.
    I think the greedy opposing lawyer is self-serving and doing more harm than good for the future dancers. I think she's taking advantage of her clients' insecurities. Many are probably too old or ugly to have a future in dancing and are bitter. The club owners could win in the long run if they stick together on pay. Last thing they need to do is have a wage war to fight over the best dancers.

  • hottie362534 hottie362534 Nov 18, 2014 5:32 PM Flag

    I didn't swear at all in this post. What's going on with the censorship here?

  • M#$%$ybe the $32M J#$%$gu#$%$rs purch#$%$se w#$%$sn't #$%$ good ide#$%$ #$%$fter #$%$ll. I don't like how Eric keeps tooting his own horn on th#$%$t purch#$%$se in every #$%$. It's like he's trying ot over-justify th#$%$t move.
    On #$%$nther note, c#$%$n't something good come from this c#$%$se? Like the l#$%$pd#$%$nce fee becoming comp#$%$ny revenue #$%$s opposed to the comp#$%$ny only receiving #$%$ sm#$%$ll percent#$%$ge of it. It's not #$%$ tip. It's #$%$ service provided by the club.
    I think the opposing l#$%$wyer is doing more h#$%$rm th#$%$n good for the future of d#$%$ncers. The club owners should win in the long run #$%$s d#$%$ncer p#$%$y comes down. The club owners will just h#$%$ve to stick together r#$%$ther th#$%$n cutting e#$%$ch other's thro#$%$ts fighting for the best looking women.

  • What a very sad day for an industry that's been around a long time. The vulture lawyers didn't win anybody any justice here. If minimum wage is going to fly, then I don't think the fee for a lap dance should be considered a tip. It should be a service provided by the company and they should get the fee. A tip would be anything above that. Hopefully all clubs stick together and reduce the overall pay to dancers to combat this ruling. This lawyer just robbed thousands of future dancers!

  • hottie362534 hottie362534 Nov 13, 2014 9:13 PM Flag

    "The lawyer will want to be paid sooner or later and I doubt the dancers are paying him."

    Maybe not in CASH...

  • Reply to

    Need some clarity here...

    by zerbgreg Nov 13, 2014 2:22 PM
    hottie362534 hottie362534 Nov 13, 2014 9:04 PM Flag

    " this does not look like a kids store to me. 16 going on 25"

    That's what this needs to survive. It needs to appeal to the 18-35 year olds with the jobs like American Eagle does.

    PSUN is another cheapo that you would think should be profitable too, but they never seem to do much.

    ARO had 0 debt a year ago. Going to be very hard to ever get back to that.

  • Reply to

    Need some clarity here...

    by zerbgreg Nov 13, 2014 2:22 PM
    hottie362534 hottie362534 Nov 13, 2014 3:37 PM Flag

    My 15 y/o niece and her friends love the place. My 17 year old niece and her friends love American Eagle and Forever21.

    My 15 y/o neighbor and her friends love the place. But my 17 neighbor and her friends turn up thier noses at "a kids store" like Aeropostale.

    So a 13-16 y/o target group is pretty small and that's another problem. ANF and AEO slashing prices really hurts ARO.

    Just pray the gas prices stay under $3. The extra $10 a week saved probably gets spent shopping somewhere. But that doesn't even help ARO shoppers who are too young to drive.

  • Reply to

    Need some clarity here...

    by zerbgreg Nov 13, 2014 2:22 PM
    hottie362534 hottie362534 Nov 13, 2014 3:07 PM Flag

    Crippling debt and no pricing power. And the CEO who just left wasn't good for the company.

    What can help ARO is the new clothing lines and low gas prices. We'll get a better picture with the earnings release in a few weeks. Should beat with it's very low hurdles. If earnings disappoint and the cash burn is bad, this will see $2 area.

  • Reply to

    well positioned

    by ricks_dancer Nov 5, 2014 1:08 AM
    hottie362534 hottie362534 Nov 5, 2014 9:35 PM Flag

    What does Bombshell's offer that Hooter's doesn't offer? Hooters has been complaining lately that they need more women customers. I can't see how either one is attracting many women.

  • Probably see new 52-week highs before long.

    GLTA!

PBCT
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