Starboard is looking to have the company purchased, end of story.
My opinion only, no insider info available. Gut only.
God bless us all along the way.
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Take a look at all the callbacks we're doing on a weekly basis without new product coming in, take a look at our inventory levels, our stores look like crap, we're not getting replenished and losing sales because our stores are empty.
It's true team, just prepare yourself
Unless there is some inside information on Advance being sold, lowering the stock value would not seem the way to attract a solid buyer. Then again dropping the stock to undervalue the company would be a way for someone in the know to buy it cheaper. Would sure like to be a fly on the wall inside this company to really know what evil lurks within.
And being bought is a bad thing? I'm not sure that we would be a good investment for one of the big 3. I do think we're a good investment for a company that's looking to take us private.
Happend with Pep Boys and Federal Mogul. It happened to Pet Smart and it became a better place to work because of it.
Going private keeps us from having to appease the investors and the street. Those are the root cause of and and all knee jerk reactions. Being private allows us to invest where it's in the best benefit of our Team Members and Customers, not our investors.
I would be jumping for joy if we were bought by a private investor. It's there money on the line along with their credibility and legacy. Having that much at stake means you care about LONG TERM, and as a TM that's what is most important to me.
Say what you will, but I can have my opinion.
As a former independent,I agree that's the plan.I'll be glad to see them go.