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.
Well, it''s been a little more than a few days, but it did indeed make it to $5. :) Now it will probably start the usual crawling decline until the NEXT earnings announcement.
I hope your post about shutting down stores is in jest. If not, you should not be investing as you clearly do not know what is going on here..
Well said, and I agree. Personally, I have never been a fan of O.D. management (as anyone on here knows). But I still want to believe that the company will survive. That's the reason I keep letting my sell targets come and go.
Right now, I don't know if these new guys are helping, or finishing off the company. It doesn't look too promising right now as they continue their ever present massive looses. And yes, they always seem to have an excellent excuse for the losses. They must have a book of them somewhere.
I just don't want to see another company go under. The people who work there might not be making a lot, but at least they have a job.........And they can always quit if they don't like it.
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.
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.
If you are not an investor in the company, why are you wasting your time posting on the board? I often wonder why people do that. "I don't like this or that stock, so I am not going to invest in it - reason, reason, reason...." We really don't care what you think. You could spend your time better finding a stock that meets your investing criteria than spouting off about one you don't like. O_o
The biggest problem with any post on these boards is that we have no idea who is posting. You yourself might be one of the posters you are inferring too in order to keep the ball rolling, so to speak. :) But as for what you have to say: I agree. I don't understand how someone can work at a company that they so obviously think is horrible. Speaking of Sherwin: I heard a long time ago that he was sick. Is he still alive?
Credit Suisse seems to think it would be a good idea, and that it would be possible given the wording made about the O.D./O.M. merger. There would be one office supply retailer remaining to fight it out with Amazon and the others. The few companies that I am associated with in this area still get most of their supplies from O.D or Staples. Nobody wants to walk around a 40 acre building to find paper, pencils, or other things that they need NOW. I think one more merger would be very interesting. :)
Two upgrades this month: Credit Suisse and Goldman with a price target of $7.00
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.
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 :)
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. :)
Tsk Tsk Tsk. You are wrong. Office Depot is the ONLY company int he entire country that pays as little as they can get by with to their employees. :) .... I couldn't type that without laughing. :)
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.
$4800??? HAHAHAHA ... You're funny. :)
I'll say it again: If you don't like your job, find another.