The same with me. I made plenty off of this stock, but I didn't think Staples would be so stupid as to do a merger. If Starboard were not bullying them, I do not think it would have happened for at least another five years, if at all. I can't understand how these huge companies let one shareholder bully them so much when they KNOW all that holder wants to do is get it high enough to dump. If I were a holder of Staples, I would vote a resounding "NO".
Nothing has changed with this company. They make their earnings calls seem so upbeat, yet they can't hide the fact that their bottom line is STILL RED. WOW!!! They beat expectations, they earned this or that...BUT IT IS STILL RED on the bottom line.
If Staples does NOT end up buying this company, it will eventually go the way of the dinosaur. If Staples DOES end up buying O.D., then Staples will be doomed as well.
The only thing that O.D. does well is hemorrhage money.