Thread regarding Lowe's Cos. layoffs

DE Shaw And Pershing Square Are Gutting Lowe’s

These two activist Hedge Funds are behind all the Layoffs and Cost Cutting. That’s how they make their money! They buy a large block of company stock, install a new CEO Puppet like Marvin Ellison to front for them.

Then they proceed to cut cost to the extreme in order to raise Stock Prices in the Short Term. Once the stock hits their goal, they sell. The company is left in Ruin and they move on to their next victim.

David E. Shaw and William Ackman are the villains lurking in the shadows! McFarland is an instrument of their plans the same as Ellison. That’s why he won’t be terminated for racial comments. And yes, they will harvest Lowe’s, leave it destroyed and move on.

David E. Shaw and William Ackman are helping destroy American Jobs and business!!!

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| 2161 views | | 11 replies (last September 5, 2019) | Reply
Post ID: @OP+10PTzPGj

11 replies (most recent on top)

Was looking at the list of major shareholders, DE Shaw and Pershing each have a couple percent less than they did when they brought Marvin on board.

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Post ID: @4zog+10PTzPGj

Chasing after the magical Unicorn of Shareholder Value, to the benefit of no one but speculators.

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Post ID: @4lmw+10PTzPGj

Obviously, the posts on this thread, were written by people well versed in the “c-sino” we call the stock market. So I’ll just mention this, because I didn’t find anything specific about this one important occurrence amongst most CEO’s who are offered stocks and stock options. Note the slogan “buy backs!” Why do CEO’s buy back so much stock in the companies they manage? The reason is of course to bolster performance in the short term but that’s not all. Think of the diamond industry. Diamonds are not really rare ,they are intentionally pulled from the market to create a smokescreen of scarcity. This way the industry “cartel” are free to manipulate the market price. So here’s the scenario. Marvin accepts less pay than most CEO’s but in return he gets a lot of stock OPTIONS. Why? He uses the capital within the company to buy as many outstanding shares, of the company, under the guise of protecting it from corporate raiders such as (De Shaw And Ackman) LOL So now Marvin is holding an enormous amount of shares in the company, and the value goes up temporarily. Right? Right! So then follow what happens one week or less from the day of the (Announcement). Suddenly Marvin becomes possessed with the notion to sell sell sell! Finally the public gets a piece of the action, and Marvin earns large profits (personally) by unloading the manipulated shares. So how does one guarantee a “healthy” profit? By planning the ANNOUNCEMENT!! It’s not an anomaly, and it has been scrutinized by Securities and Exchange as well as ambitious politicians. However, because of the loosening of the restrictions, by previous administrations, the well documented behavior following an announcement continues. I just wanted to add this to the picture for consideration.

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Post ID: @1abf+10PTzPGj

I’m a shareholder( no, I don’t work at corporate) and I support the changes that are being implemented. If as a current employee you can’t handle it, then you probably need to leave like I did 2 yrs ago. Retail is transforming very quickly and most people are not going to adapt.

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Post ID: @1dlx+10PTzPGj

Companies need to have stronger policies or whatever it's called to stop these quick buck artists from taking over the company.

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Post ID: @vsh+10PTzPGj

The fact that Ackman and Shaw are involved does not relieve Ellison of his responsibility. He needs to terminate McFarland with prejudice.

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Post ID: @xtm+10PTzPGj

these people are evil leeches!. If you want to stop them buy from a local retailer.

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Post ID: @mew+10PTzPGj

They dwell on the bottom, remember Niblock and Maltsbarger brought us to near destruction with their own stock exploits, but saw no way out but to put on the golden parachute and let the garbage hounds have at this once great retailer. Such a simple analysis but so insightful! Your comments are spot on!

P–ptoast

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Post ID: @uot+10PTzPGj

These Funds are destroying America. They help China business grow.

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Post ID: @ple+10PTzPGj

We are left to their mercy. I always hear everyone complaining in the break room “how can these corporations be allowed to do this? “ Well who’s stopping them? You?

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Post ID: @ilq+10PTzPGj

Hedge funds should be illegal.

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Post ID: @dhl+10PTzPGj

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