Over the weekend a couple of big banks have failed. I wonder if it’s just the begin or the end? With banks trying to limit their exposure to risk they will limit how much money they will loan out. They won’t be loaning money out to risky companies like HyVee. The day of loaning money for real cheap is over. HyVee will be paying high rates to borrowing money now. That’s not good considering HyVee is a complete financial disaster. HyVee cash on hand is not good and they have been borrowing past their limits. Once banks stop loaning money to HyVee they will be done for. You will see all of the top guys will sell their stocks right before they file bankruptcy. That’s exactly what they did at Silicone valley bank. With HyVee set to have it worst quarter lose in history banks will not being looking to lend them anymore money. HyVee will start cutting back in everything to stay afloat.
10 replies (most recent on top)
If HyVee was a public traded company Randy wouldn’t have last past 2018. HyVee stock would have crashed by now if they were on the open market. The quarterly return are terrible right now. HyVee is lucky they don’t have real stock holders. Yes they have stock holders that get to vote but when you vote. don’t ever go against randy or Jeremy because you will get fired. So does the stock holders really have a say? Nope. This company has been set by randy on a course to run HyVee sink into an ice berg and sink because of his ego. Don’t waste your time with HyVee. If you are under 45 I would be looking for a new career. HyVee isn’t a career anymore. They are just a job until you find your real career. Use them for the pay check until you find something better. We all know HyVee doesn’t have an issue firing long term employees. Best company to work for is a joke.
No i get only about 450 poeple own majority of hyvee stock and that hyvee isn't a public
Traded stock. My point is top 10 members know when ernon scheme is ready to fall. The self banked,self insured and lining all
Top hats pockets. When they quit and sell the little folks will be left empty egg baskets.
If hyvee was a traded stock there accounting scheme would have already came out. How many companies keep 2 sets of books? Sounds fishy to me but maybe all do. Point is hyvee former and current employees have no trust in top leadership anymore.
Mass sell-off? You are obviously misinformed (or willfully ignorant) of how this works. But keep doom-scrolling.
Sales across all retail will be bad in 2023. The extra 82 month in food stamps ended a month ago. High prices, high rent and companies reailizing higher wages eating profits. Its never big fish take money cuts and that were hyvee should cut first. I agree and mass sell off in hyvee stock coming soon to theater near you.
I’m sure you are like all of the other people that have drank the HyVee kool-aid. Just remember that all of those big companies and banks that have failed. All of their top leaders are still acting like everything is good until they have gone bankrupt. Do you think Jeremy is going to come out and say we are on a sinking ship. Nope he won’t. He will quickly move his money away from HyVee stocks. All of those company ceo and cfo and vp will all do the same thing. They will head for the life boat before you even realize what is going on. You are probably one of those HyVee guys that says HyVee is too big to fail and that they will stay around for ever. The fact is HyVee is headed to the bottom of the sea.
You really have no idea what you're talking about, do you?
401k is safe but it’s the actual HyVee stock that will become worth zero. The saving certificates will also be useless once HyVee file for bankruptcy. HyVee was saved by Covid once. Don’t think that will happen again. The economy is slowing way down and consumers aren’t spending money on extra items. The last two months have showed us that. Now we won’t be able to borrow money soon because of our high risk to banks.
Can’t touch the 401k
Glad I left HyVee last year and sold my HyVee stocks. I was a store director for 7 years. I work for a bank as a commercial loan officer for the last year. I can tell you that banks are becoming super strict on loaning money. I know that HyVee is hurting right now. Don’t wait until HyVee fails and takes your retirement money with them. Get out any way you can even if you have to quit in order to sell off hyvee stock.
How do you know that? Or are you starting rumors?