The numbers are so bad So much debt. Even afterhearing, "don't worry, guys, we are in a great situation with debt, we are the leaders in the industry". It makes sense that the e-team, the board would all be willing to shuttle things around, hide the truth, etc, because they had loads to gain. For most of us, we would only see the details, expenses/etc in our own group and not realize the big mess made of the whole company. But what about the strategy department? They would have seen big picture and wouldn't have the millions to gain. Did they see it all and keep the secret? Did they see it, try to do something and wind up walking or being walked? Did they not see it at all because they are a strategy team by title but not by skill? I'm pissed because there are supposed to be checks and balance that prevent all of this. The board on the outside. A strategy team on the inside. Both able to see the whole picture. How come these things didn't work?
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Gun Run is not gonna happen so the e-team will fins another cash cow like Tractors to make up the difference - Oh well I guess that cow was killed when it wouldn't produce...Or maybe the restaurants will keep things afloat - Partner with A&W maybe... Its a crock and get out while you can...If you can
Still crazy that outsiders can tell the tale of broken strategy and disastrous finances in their articles but somehow nobody inside knew. It's not like the e-team was keeping hidden accounts. It was all right there and nobody noticed? Please
Since Trump won the election the chances of a gun run is slim to none. What plan does the e-team have in place since they can't lean on guns and ammo to carry the load.
This is what is so sad, true lead ship is vision. That is the role of a true C EO, knowing the path and ensuring a positive future Tommy does not possess this. He was too busy stuffing his pockets along with the vp's. Shame on the board for not taking action
Strategy changed leaders and teams so many times that there was no way it was ACTUALLY strategic. Or.... was it?
This doesn't include this previous quarter.........but it WILL give you some perspective on how the executives operate......http://www.nasdaq.com/symbol/cab/insider-trades........it will only be worse when you see the most recent quarter that will come out at the end of the year..................