All I could think about yesterday is when Geoff will be canned after the Elliott management stake.
I watched Geoff’s video yesterday from his desk, after earnings announcement. He played off Elliott’s investment as a long term play with them more or less being “hands off” because they see the growth potential coming. Geoff is full of it so much he believes his own lies.
This isn’t a “widget on the chalk board” company, like a page out of business school.
Mr. Walmart Greg Smith also needs to go since they tightened down inventory so much we can’t build product to meet normal demand now. Mr. Walmart has grabbed so much control over last few years that it has setup barriers and upper level fighting with the BUs.