RS resigns as CEO.
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Q2 earnings expected to be a loss of 4 cents per share. No way stock shoots up to $7 or anything close until the company starts showing a profit. Q3 profit will probably be hurt by the multi-million dollar parachute it likely took to get get Ralphie to go away.
how much of the line of credit did it cost to make him "step down"
Now watch private equity roll in and layoffs begin
First step for private equity hawks
Excellent. That's the greatest thing since sliced bread. Or should I say, the best thing since a glass of milk.
This is good for bondholders, stockholders, employees, farmers and vendors!!!!!!!!
That is great! So now, maybe Dean can be sold to a company that can get back on track. I'm expect the DF stock to trade north of 7 dollars within 1 month.