Sinking Ship?
08-08-2023 | 12:10 PM
#11
Gets Weekends Off
Joined: Apr 2017
Posts: 465
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It was reported today that BB sold 37% of his stock. Take a look at our stock vs. the industry. My gut tells me we are in trouble. I’m talking slow speed train wreck kind of trouble. A liquidation of 37% of the CEOs holdings in the company when the stock is way down is a really, really bad signal.
What say the masses?
What say the masses?
08-08-2023 | 12:27 PM
#12
Line Holder
Joined: Jun 2021
Posts: 1,363
Likes: 103
From: Joystick Operator
It was reported today that BB sold 37% of his stock. Take a look at our stock vs. the industry. My gut tells me we are in trouble. I’m talking slow speed train wreck kind of trouble. A liquidation of 37% of the CEOs holdings in the company when the stock is way down is a really, really bad signal.
What say the masses?
What say the masses?
but, you also have to remember the uppers are paid in shares more than cash... so if he sells X amount of shares, it is just him collecting money he might need for something instead of leaving it in the stocks. (like that house in Texas)
But no, I am not scared about someone in management selling their stocks.
08-08-2023 | 01:05 PM
#14
Gets Weekends Off
Joined: Nov 2012
Posts: 3,751
Likes: 100
From: 1900D CA
It says that he is probably knowing he will be on the way out soon. I am sure Franke doesn't appreciate single digit margins when everyone else was at least double digit. Current management has ran this place into the ground since covid... Pre covid, F9 was doing pretty well. Expect a management shakeup in the near future if I had to guess.
but, you also have to remember the uppers are paid in shares more than cash... so if he sells X amount of shares, it is just him collecting money he might need for something instead of leaving it in the stocks. (like that house in Texas)
But no, I am not scared about someone in management selling their stocks.
but, you also have to remember the uppers are paid in shares more than cash... so if he sells X amount of shares, it is just him collecting money he might need for something instead of leaving it in the stocks. (like that house in Texas)
But no, I am not scared about someone in management selling their stocks.
08-08-2023 | 01:33 PM
#15
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Joined: Jun 2010
Posts: 1,226
Likes: 30
From: seated - facing forward
Also BB hasn’t put out any cool aid videos for some time now.
Last edited by madmax757; 08-08-2023 at 01:47 PM.
08-08-2023 | 02:41 PM
#16
Gets Weekends Off
Joined: May 2008
Posts: 370
Likes: 1
From: F9 FO
08-08-2023 | 04:03 PM
#17
Gets Weekends Off
Joined: Nov 2012
Posts: 3,751
Likes: 100
From: 1900D CA
08-08-2023 | 04:15 PM
#18
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Joined: Aug 2007
Posts: 691
Likes: 2
If I’m an investor, I’d absolutely care about how bad the performance numbers are. It’s easy to poke fun of “chicken littles”, but these numbers are a legitimate concern from a sustainability standpoint.
08-08-2023 | 04:34 PM
#19
Almost there
Joined: Apr 2021
Posts: 1,981
Likes: 119
Of course they don’t happen in a vacuum. I have no idea how they compare to everybody else.
08-08-2023 | 06:15 PM
#20
Almost there
Joined: Apr 2021
Posts: 1,981
Likes: 119
It was reported today that BB sold 37% of his stock. Take a look at our stock vs. the industry. My gut tells me we are in trouble. I’m talking slow speed train wreck kind of trouble. A liquidation of 37% of the CEOs holdings in the company when the stock is way down is a really, really bad signal.
What say the masses?
What say the masses?
Even if it is do you think it will just go to zero? Or do you think a more likely outcome would be an outside purchase of some kind before it’s allowed to get there? I can’t see an investment company letting 2B evaporate.
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