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Office Depot, Inc. Message Board

twommiles 4 posts  |  Last Activity: Feb 25, 2015 9:34 AM Member since: Oct 22, 2010
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  • That's one way to cover the income they lost from Costco move to MC/Visa. Are those the 1 million customers that now have Costco AMX cards...if so, the 2.5% rise is more than customers will get cash back next year. Use your debit card or pay cash - that's the response I am making. I would not want to be the account execs who lost Costco as a customer (and also the Coca Cola exec that lost the food court account to Pepsi)

    Sentiment: Buy

  • Reply to

    PennyStocksWeekly says ODP could Triple

    by benrogers700 Feb 24, 2015 4:09 PM
    twommiles twommiles Feb 25, 2015 9:22 AM Flag

    This stock is already up 1000% from its sub $1.00 level. What you are reading is old news. Staples deal values ODP at $10.91. There is no reason to believe that this stock will go beyond that number anytime soon. So let's pray for $10.91 and sell then and not have to wait for potential merger.

  • I think Roland Smith is a big winner in todays merger announcement. He has over 1.2 million options and must have a really great separation agreement. As do the rest of the board members. Although I think that he deserves every penny he is earning (and me too, thanks), there should be some law that limits CEO pay to reality. Not everyone needs a Ferrari, 47 foot yacht or private aircraft while living in a 10,000 sq ft house on the intracoastal waterway. I will miss ODP in South Florida - it is sad.

    Sentiment: Hold

  • Reply to

    Am I missing something?

    by jdm570 Feb 4, 2015 10:08 AM
    twommiles twommiles Feb 4, 2015 11:02 AM Flag

    Actually the optimum price to sell is about $11.40..However, it will reach almost $11 on speculation. You will have to do some sole searching to figure out selling or not. ODP financials are due in the next 2 weeks. I am thinking good news - since SPLS offered $1.5 Billion above market cap on Monday's price. What will they do with all those ODP folks in Boca? Very few will go to Boston.

    Sentiment: Hold

ODP
9.34-0.11(-1.16%)Mar 5 3:59 PMEST

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