Buy out about 2 months ago
The CEO took a Golden parachute and sold out the company leaving shareholders with scraps.tamc1956ag said:
what happened to black box?
all aboard the Montgomery WardSeor Chang said:
Let's move this over to Aggies Only. Or you could post some misinformation every fifth post. "I'm all in on JC Penney today. They're about to pop!"
The company said that sales were down 14% in the quarter compared to the year-earlier period, with particular weakness in demand from the Chinese consumer market, and adjusted net income was lower as well. That prompted Tupperware to cut its dividend by 60%, with the intent of redeploying that capital toward efforts to grow and transform its business. CEO Tricia Stitzel said that the disappointing results were "leading to our desire to accelerate the business transformation to capitalize on our global growth strategy." Yet despite the sense of urgency, Tupperware shareholders seemed less than convinced of the ultimate success of the company's efforts.E said:
What caused Tupperware to crash yesterday?
Seor Chang said:
Let's move this over to Aggies Only. Or you could post some misinformation every fifth post. "I'm all in on JC Penney today. They're about to pop!"
It happens; especially with high risk/high reward penny stocks.tamc1956ag said:
well i lost out..
gougler08 said:
JD flirting with $25 this morning
Well it was...
Unless it can get over $1 its going to go through a reverse split. I have no idea how the markets will trade the stock once that factor split is formerly announced, possibly as early as this conference call.tamu2009 said:
What's the play here then? Get in and hope for a pop with good news and good forward guidance?