+64pct on their last NASDAQ-listed Alert --> PennySt0ck 1O1.org
a romano and his staff are a complete and utter disgrace to this once fine company. He has managed to bankrupt Destination Maternity in only 3 years in office. Huge promises were made and not kept. Classic example of over promising and sever under delivering, yet he is still working there. Please move over romano and let someone else who is competent run the company. My wife was the publicity manager there for 10 years when it was managed properly. Total disgrace, no vision, no plan.
is this company going to bankrupt or this Romano going to spend the last penny the company has....anyone can tell me
It boggles the mind to see DEST trading in the 1.20's. A company with enviable market share in a niche category that continues to suffer from management missteps. DEST was trading at $7, yes $7, when the (now failed) merger was announced. Now we find ourselves at just over $1. Unbelievable. DEST needs to replace its CEO and top management immediately to restore credibility and right the ship.
Big Galning, Low-Prlced NASDAQ and NYSE Alerts ---> PennyStocklOl.org
When are they getting rid of romano? This guy has single handedly brought the company to the brink of bankruptcy. My wife was their publicity manager with this company for 10 years. During that time the company was run by the owners and then by Ed Krell. When they hired C Daniel and his California group is when the company started it's decline. When romano started the company stock was around $16 a share now it is a tenth of that. Why is this individual still there? His performance is an absolute disgrace. My wife was forced out because of age discrimination and she was one of the few people that were competent, She currently has 740 shares and I foolishly bought 3200 shares after listening to romano and his false promises. My wife begged me not to buy this stock, she told me of the widespread incompetence of upper management. I chose to ignore her pleading and believe in romano. I then started to see through his lies and total incompetence. The incompetence doesn't end with him, it extends throughout the company. What are you going to do Destination Maternity to start to turn around this company. Please bring back the original owners and take on this challenge instead of picking up a paycheck like romanos' doing. This man should be ashamed of his total lack of vision and execution of a plan. My wife and I are now out of almost 4000 shares. You stripped the dividend but you and your group still spend wildly when you are out entertaining. I know this because when my wife used to travel with other managers she would tell me of all the lavish meals, drinks and other entertainment while out on business. This company and it's current management should all be replaced. romano, you have done nothing but run this company in the ground since day one. You and your team are a disgrace.
Stock down over 60% in a few days. Still nothing from the incompetent romano and his staff. When he started the stock was $16 now $1.28. Incompetence abounds with this guy, never hear a word from him. He stole $40,000 from me with his false promises.
Destination Bankruptcy Corporation.
Stock now down another 11%. still no word from this f?/@king romano about any turnaround plan, thief
bankruptcy on tge horizon
Any news from France? DEST price is tied to KAZI.PA, and that one took a big hit recently.
going down to 2 dollars
Michael M. Thomas
Find the best new plays from across the markets with ExplosiveOTC, free reports always feature quality opportunities for members. www.explosiveotc.com
Does anyone know any update on the merger and when it is expected to go through?
Destination Maternity Corp NASDAQ : DEST Correlation Histogram
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks Sep-2016 1,000 Day Parameter 2,830 NASDAQ Stocks Price Analysis This stock mode of correlation coefficient is 0 In other words, the correlation coefficient of the other stocks
Board of directors is incompetent.
Shareholder approval by DEST is needed. I for one plan on voting NO, screw mgmt and it's change in control provisions. All equity in a closely held foreign corp., they've spit in my eye!
12:30 am CST Monday 1/9/17: DEST management needs to DEMAND a minimum cash payment of $5.00 American + $3.00 in Orchestra (foreign) stock which would act as a fully guaranteed stub... This would enable all shareholders to become whole based upon Friday 1/6/17 closing price of $4.97... Since Orchestra's most recent foreign secondary priced at 17 euro is down to @ 11 euro, shareholders accepting the proposed deal would have a very realistic opportunity to increase their $3 stub to $5 by closing in 6 months...
DEST Interesting story.... Successful Foreign company (Orchestra Premarin) making pregnancy clothes seeks to buy unsuccessful American company. After amassing an 18% position in DEST, They do a Euro denominated secondary offering to raise funds for a buyout in December 2016... However, the buyout is not a straight cash deal... The buyout would leave current Dest holders still owning 28% of the company... Largest DEST investor, st. Louis Towle & Company doubled stake to @ 15% on 12/30/16
More In a conversation with TOWLE & Company, they were looking for a cash buyout of $15 when DEST was trading at $7... Orchestra turned tables by going low ball $7.15 all stock (Foreign) ... Bummer until Towle's increased purchases of Dest filed on 12/30/16... early in the game but TOWLE may be trying to get another bidder in the fray, especially one with cash... A PAC man strategy could include TOWLE buying Orchestra, the profitable foreign outfit...