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OfficeMax Incorporated Message Board

justa_country_boy 12 posts  |  Last Activity: Aug 5, 2014 2:55 PM Member since: Jan 14, 2000
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  • justa_country_boy by justa_country_boy Jun 16, 2014 11:27 PM Flag

    If this company could start making money, stop with the huge unearned stock options, salaries, and such, and not looking for every way in the world to declare a loss, the price at today's level, compared to Staples, should be around $9.06. I am still jaded as to what I think of a dividend from ODP. Right now, I just don't think its going to happen in my lifetime. The company has a history of awarding huge stock options and salaries to upper management, and doing nothing for the shareholders. All we can hope for is stock price appreciation from this place. At least it seems to be hanging steady the last several days at least.

  • Reply to

    ODP ready to tumble ....

    by js_488 Jun 24, 2014 10:11 AM
    justa_country_boy justa_country_boy Jun 28, 2014 4:07 PM Flag

    Wow! You better hurry up and sell out then!

    Sentiment: Strong Buy

  • Reply to

    July 28th QTR Report.... Thoughts?

    by robertvendel Jul 5, 2014 6:22 PM
    justa_country_boy justa_country_boy Jul 7, 2014 1:05 PM Flag

    Well Robert, you know my thoughts. I figure they will manipulate the numbers around to a loss. It doesn't matter HOW much money they make or how much MORE it might be compared to earlier quarters. Until they can start showing GREEN on the VERY BOTTOM LINE, their sales numbers doesn't mean anything to me.

    It is looking more and more like it is business as usual at O.D. - money and options to management - more K-Y Jelly to the shareholders.

    I certainly DO hope that this company turns around and starts to show a little love for the shareholders. I saw some dividends paid at the old Office Max. I can't seem to recall EVER seeing one at O.D. It was all about rewarding the management for a job badly done.

    Maybe things will get better. I am close to my target. I don't know if I will ever buy back in at a lower price or not, once I get out.

    Good luck.

  • justa_country_boy by justa_country_boy Jun 16, 2014 11:14 AM Flag

    If this company could start making money, stop with the huge unearned stock options, salaries, and such, and not looking for every way in the world to declare a loss, the price at today's level, compared to Staples, should be around $9.06. I am still jaded as to what I think of a dividend from ODP. Right now, I just don't think its going to happen in my lifetime. The company has a history of awarding huge stock options and salaries to upper management, and doing nothing for the shareholders. All we can home for is stock price appreciation from this place. It seems to be hanging steady the last several days at least.

  • Reply to

    Crazy?

    by heydog37 Jun 7, 2014 10:10 AM
    justa_country_boy justa_country_boy Jun 8, 2014 5:09 PM Flag

    They will come crawling back out of the woodwork around the next earnings report.

  • justa_country_boy by justa_country_boy Jun 13, 2014 11:39 AM Flag

    If this is the same bunch that was around back in the early part of 2000, you better hide your money and run away as fast as you can. T^hat bunch was nothing more than a group of rip-off artists who lied to their investors all the way down to nothing.

  • Reply to

    Is there another merger in our future?

    by justa_country_boy May 27, 2014 3:06 PM
    justa_country_boy justa_country_boy Jun 7, 2014 2:03 AM Flag

    I agree. This is getting old. But sure as hlle as soon as we get rid of it, the frigging thing will probably go up to $20. hahahahaha :)

  • Reply to

    Couldn't wait any longer...

    by snark_nado Jun 10, 2014 10:34 AM
    justa_country_boy justa_country_boy Jun 10, 2014 11:00 AM Flag

    Good for you! It is getting clse to mine. I am about ready to do the same. But it will probably go way up right after I sell. :)

  • Reply to

    OFFICE DEPOT the next RADIOSHACK

    by dontchasethewind Jun 12, 2014 11:46 AM
    justa_country_boy justa_country_boy Jun 13, 2014 10:01 AM Flag

    That's what I have been saying for years. If I need something, I need it now - NOT two days from now. It would be nice to see a dividend, but O.D. has never been a company to "give" its money to anyone except the upper management.. Maybe things will change. We will have to wait and see.

  • Reply to

    Future Price of Office Depot

    by justa_country_boy Jun 16, 2014 11:27 PM
    justa_country_boy justa_country_boy Jun 17, 2014 12:31 PM Flag

    I figure that if they manage to post a profit this quarter, and it is decent, the price will blow through $6. Whether it will STAY there is another matter all together. As far as the layoffs and such: They have to do that. I hate to see folks lose their jobs, but they can't have two stores right down the road from each other. This is now, and has always been, my preferred company to buy stuff.

  • Reply to

    July 28th QTR Report.... Thoughts?

    by robertvendel Jul 5, 2014 6:22 PM
    justa_country_boy justa_country_boy Aug 5, 2014 2:55 PM Flag

    I predict that O.D. will see a black bottom line when it is finally bought out by Staples and Staples cleans house at O.D.

  • Reply to

    July 28th QTR Report.... Thoughts?

    by robertvendel Jul 5, 2014 6:22 PM
    justa_country_boy justa_country_boy Aug 5, 2014 2:32 PM Flag

    Well, how surprising, another loss. :p

    If it weren't for the OfficeMax stores, Depot would probably be filing for be bankruptcy. This has to be one of the most ineptly run companies I have ever dealt with. I only pick one or two stocks (every few years) to play with on my own, and this POS had to be one of them. I am tired of hearing about what the future holds. We have been hearing that for years. It seems that the future should be here by now.

    Lets see how much they stick into their pockets from this great quarter.

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