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Stanley Furniture Co. Inc. Message Board

wardtom084 12 posts  |  Last Activity: Sep 18, 2014 11:30 AM Member since: Mar 13, 2001
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  • Reply to

    Ever wonder if the market is rigged?

    by ggray1956 Sep 18, 2014 10:54 AM
    wardtom084 wardtom084 Sep 18, 2014 11:30 AM Flag

    It is not rigged, it is just the supply and demand. Is Coke, IBM, and a thousand other companies rigged. No, they are in business not to make money, but to make profit. The problem with the market is there are thousands of investors that should really find something else to do. Someone sneezes and they are ready to sell their shares and get out of it.

    I find it funny that the people at mcdees want to make 15 dollars per hour. If that were to happen you can get rid of the dollar menu or two things will happen. We will get robots to flip those dollar buggers or get rid of the person that wants 15 dollars per hours. Guess which one will happen.

  • wardtom084 by wardtom084 Sep 9, 2014 6:02 PM Flag

    It is something, and sad, that this company has come this far. The plant from the start years ago back in the 50 as Burlington Carpets, then Raleigh Road Furniture, to Stanley Furniture to now. I can remember the lumber yard full and things gradually happened and you saw less and less lumber in the yard. The upper management had said that the Robbinsville plant was the most efficient. Then things started to change, think about 10 years ago. Upper management changed, they came in here and started cutting all of those that had been with the company for years loose. You know those people that knew the plant from one end to the other. And with that came “Lean Management”. They were told from the start by someone that lean management would not work for a furniture company. I remember when they had two buggies of parts cut for a night stand that they were dropping. Instead of storing them back on the lower 80 acres, as I call it, they put them in the grinder. After a few months, guess what, they had to make some more night stands.

    Then came the items they started getting manufactured in China. I remember being at the plant one time and they had to un-box some 300 headboards because the holes for the frames had been drilled at the wrong location. Thinking of all the time it took to un-box, plug, re-drill the holds and then box back up again. Not a way to make money on the item that is for sure.

    Stanley did have some good sellers. The Norman Rockwell collection went well for us here in Robbinsville and also the 5 way tied upholstered furniture.

    Now you go by the plant and there are a dozen cars there. I hope this China thing can get things to going for the area.

  • I have a friend that was working for Kerr and of course the entire store has changed out. He tells me that and I quote "Walgreens is a odd company to work for. Seems like Kerr got it done without much problem and walgreens has a ton of stuff to do that just bogs you down so it takes you twice as long to do it."
    I did around 250 dollars yesterday (day trade) but this one looks shakey to do a long term on.

  • Reply to

    Oops ..I'm back to Break Even on Doughnuts

    by charles_neff Aug 1, 2014 12:06 AM
    wardtom084 wardtom084 Aug 7, 2014 9:55 AM Flag

    I feel better I am in at 15.90

  • Reply to

    Wag up on upgrade this morning

    by cosmelogicalcorrespondent Aug 7, 2014 8:55 AM
    wardtom084 wardtom084 Aug 7, 2014 9:33 AM Flag

    where can you get this information on pre market prices...thanks

  • Reply to

    No big deal.

    by woodstocklives Aug 6, 2014 4:45 PM
    wardtom084 wardtom084 Aug 6, 2014 5:23 PM Flag

    I bought at 60 and sold at 60.54 and made 257.38

  • wardtom084 by wardtom084 Jul 23, 2014 9:21 AM Flag

    In the mail I got a notice that they will be picking up Master Card with all of the perks that went with the discover card. I have not been able to find any news of the move. This has to be a very big move and a good one for MC. Anyone know the reason for the move or the problem that started the move.

  • wardtom084 by wardtom084 Jul 23, 2014 9:19 AM Flag

    This town is near me and the talk just a few weeks ago was that O would be buying a house there. I am glad to hear that he will not. Talk about traffic and all of the roads closed. If he moves to California that is far enough away for me.

  • wardtom084 wardtom084 Jul 23, 2014 9:18 AM Flag

    Why the same place that the clintons got all of their money when they left the white house broke.

  • Reply to

    Stanley Robbinsville explosion

    by wardtom084 Jul 14, 2014 2:53 PM
    wardtom084 wardtom084 Jul 15, 2014 2:49 AM Flag

    Two of the three injured are back home. One has been taken to a burn center here in NC with face burns. The plant closes today. Really odd that they go all this time with out any serious accidents and then this happens.

  • Reply to

    Stanley Robbinsville explosion

    by wardtom084 Jul 14, 2014 2:53 PM
    wardtom084 wardtom084 Jul 14, 2014 4:43 PM Flag

    These 3 were working on the boiler and right now I do not know why as about everything there is finished. One of the main people I know has been working this week getting some of the equipment ready for auction and the auction people have been there for the last week working on the inventory. I would guess there were about 50 cars in the lot when I went by at 10 am. Should have some updates as I am sure this will hit WLOS in Asheville. WIll update then

  • There has been an boiler blow up at the Robbinsville Plant the EMS crews are working on at this time. Do not know the extent but 3 have been taken to the hospital with burns. One patient has burns to arm, face and chest. Not that many cars at the plant when I went buy this morning.

2.88+0.05(+1.77%)Sep 19 4:00 PMEDT

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