If you bought a house at the top of the market for 500000.00 and it went to 250000.00 that is a lose. At leasted the stock is the same right now it has gone up and down over the years but it is the same right now. Iy could go to 5.75 and that would be a loss.
5 replies (most recent on top)
Valynon, , Ron, Demos, and particularly Otis need to cash out BIG and they all probably will, but the reason the must is they are a laughing stock in the retail biz... they are the owners of what may become the biggest failure since Montgomery Ward. If the don't screw every last BUCK out of this cow they have only this last chance at a big payment... They will be laughed out of the interview!
You are confusing the value of the company with the value of a stock share. If you are an investor that owned 10,000 shares of SPLS during June of 1998 it cost you $118,000 to buy. Today those same shares have the numeric value of $118,000. I don't recall any stock splits throughout this time frame...You made ZERO over 17 years. However it's MUCH worse. Assuming a 2% inflation over the same period (close if not exact) the real value of your investment today is about $83,700... There is almost no place you could have not put your money that would have not done better. 17 Years = huge loss = miss management. Lets say we had a stock split 2 for 3 .... that would almost bring it even if it happened... I'm sure no one would have chosen that.
That is F***ing HILARIOUS!! This company is so Yesterday and not Relevant anymore.
Not to argue, one because I am unsure, and second, I usually agree with what you post. Even if the price of a share is the same, haven't the amount of outstanding shares increased, which would improve the value of the company? It goes without saying that I HATE R, D, and O with a passion and strongly feel they need to be replaced. They will eventually get their comeuppance for the culture of malevolence they created in this company.