Great post. It would read like Hillary and Bill's bio - greed, incompetency, destruction of a great brand and a great company and on they go. Sooooo sad Now baldie can go to Best Buy and destroy that
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Sure, if we had other people's money to play with, this could of been a home run for many outfitters. No, we already have an interest in our jobs and buying CAB stock was too risky in the event that all the hype fell through. Now, Elliot and the other big shareholders could see what was being negotiated but all we were TOLD was that the company was trying to fend off the bean counter warriors. So, would you put up much of your own money on the chance that a deal was not to go through? Imagine getting a 25% haircut one morning if all the buyout talk hit a roadblock?
This is so awesome for outfitters. Think of all the money you will make with a 15% bonus on market price for each share of Cabelas stock you own! Outfitters can all retire on this windfall! ( for a few hours anyway).