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This stock is junk CEO should be in prisons!!! What a thief .
I don't know that the vote will pass this time around either .and I can't tell you how to invest your money just be careful this company has gotten real Crooked. Employees are still pretty pissed off and the vote may not pass. Not many changes and they're not giving us anything back until the 3 year .many of us think that they're just going to come back after two years and ask for something more. many of us don't know if the companies even going to survive. Because upper management we have couldn't run a PTA meeting much less a fortune 500 company!!!!
What would you like my opinion ?
I got the answer to that they're already poling us to see what they can give us so they get there yes vote.
The accounting is not open to the public but we do have representatives there watching .as they separated the boats by locals all the no votes stacks are way bigger than the yes vote stacks.
looks like the majority Vote is no . At least from a visual standpoint.
The results of the vote won't be out until tomorrow .maybe at the open of trading or at the close. First they have to verify that each ballot coincides with a member then they have to verify that member is in good standings .then they verify that there's no other markings on the ballot besides the vote marketing. then they have to separate them by locals then the computer will tally them. It's a complicated process and they just started counting them about an hour ago.
Then so be it let them filed Chapter 11. you and I both know you don't go out and buy four BMWS when you can only afford 1 Camry. Because someday the bills are to come due after all it was Reddaway the put them in the dirt they bought them for 1.4billion when they were only work 500,000 and operating at 1:17 which means for every dollar they were bringing in it was costing them a $1:17 It wasn't's us
That was supposed to be the deal!!! that management would taking cuts like we did obviously they're not taking them and they got their vacation back to. Doesn't sound like they're too broke now does it.
Excuse me what pension they took that away to greedy bastards. I think you only reading what the company tells you . Read some of the articles that Motley full put out on the company .Don't just walking down a Dark alley because you don't want to get blindsided By the company they will lie to you too .
Now if management was taking equal sacrifice and they weren't spending money like it's going off the trucks and they weren't doing their insider trading which they'll be going to jail for maybe we would but everything they've ever told us the last five years is been all lies.
They were going to get the financing regardless this company is a cash cow. they just got a bunch of idiots running it. They just came up with this bullshit telling us that we needed to take a cut in pay so they can screw us in the process. They're giving all management raises right now how about that. They got management sitting at home making six and 700,000 a year. plus they're not going to close five companies.
I'm on Facebook with Teamsters from different terminals from all over the country they're saying that most are going to vote no.
It's not possible to get a true prediction because ballots won't be opened until the eighth .unless the company paid off halfa and some other union officials and that's Very possible they've already paid off one that we know of . And there's lawsuits coming on that one.
Know what kind of news can they possibly put out after market it's a freight company . Unless they Cott another executive doing insider-trading Or stuffing yes Belitz Now that's possible!!! The vote doesn't Get counted until the eighth!!!!
I have to agree with you there the unions just as greedy as the company. but the Teamsters cot in the middle.
You never get back what you give up . the company has lied to us many many times so were not going to believe any of their lives this time. the last five years we've given up enough to pay off the debt .thay just wanted to stuff their pockets with money. And give their selves bonuses when they say the company is in such bad shape .why would you give yourself million dollar bonuses.
Almost all union members I know are voting no .why should we take it in the rear so the company and the executives to make millions off it . why don't they take a cut in pay. After all they're the ones with Jack this company not us.
The vote still has to be ratified and Unless some kind of scam between the company and international. I doubt if it will pass. Most people I talk to are voting no including myself.
Yankees exactly but Y RC wasn't smart enough to keep the nonunion companies separate. they're all under one umbrella so in order to close one they have to close them all.
Yankees yes they did take concessions the first round .the second round they will were supposed to take concessions but they never took them from them .then they quietly gave them some other payback and also some other vacation and personal days back.
Like I said before I don't know how many locals have had their meetings .Give it a day or two on the dock people are doing more than venting their exploding .I don't know how many people get on the trucking boards. but everybody's pretty upset. At the piss poor management we got running this company.
I don't know the answer to that .may be a lot of locals haven't had their meetings as of yet.
You would think that the CEO would have an offer on the table when he asked the union to come to Dallas . but yet he only talked about the debt And wanting to renegotiate the contract . But yet when they asked him what he wanted to renegotiate he would not elaborate. then they asked him what bank they were going to use to read finance he would not give an answer for that either .every local got up and spoke telling the company they were tired of their games and lies. They also told the company that they have not held up any portion of their promises. But yet they're not asking management to take any cuts in pay maybe they're just renegotiating raises for themselves .Now this is just my opinion that they've already negotiated a refinance but they just trying to screw the Teamsters over for five more years before they announce it. We've kept the company afloat for five years already we've given back about $1.5 billion in the last five years. If they can't do it with that they can't do it at all it's time for them to either sink or swim.
Yes the local is going to have two more meetings for those employees that are off work today. I have no way of replying to private messages. We have two union representative on the board of directors I guess they're not in the loop as far as financing goes. They told us that if we renew renegotiate the contract that they may be able to renegotiate loans .I don't think they have anything concrete.
Local 439 out of Tracy California . All the other local unions are just as pissed as we are .the company wants to renegotiate the the contracts. but won't even say what they want to renegotiate. I guess they just want a blank piece of paper with our signatures on it .however the big investors own over 90% of all stock. So you little guys be very careful. I smell a stock reverse split coming. Because they'll come trying to rob you too.
We just got out of a meeting with our union representatives .the company does not want to even tell the union if they have a bank that will renegotiate the loans. So our vote was no to sit down and the renegotiate the contract at our barn.
There can't be a new five-year deal unless we the Teamsters vote on it . however there may be a tentative agreement which they will not announce until after earnings come out. Not many things can be kept a secret but they're keeping this pretty hush-hush .The company will be announcing losses because they can't cry Wolf and then announce positive gains.
The shares are dropping because teamsters are fed up with the company agreed .they want teamsters to take a Nother 5% cut in pay . Well they stuff their pockets with money .we the teamsters say let them close the doors.
Good morning all : I've been out of CATA for a long time but what I remember Johnny Parks is the owner of rerun technologies .the facility is in Downey California. I was told by former CEO that they were purchasing a facility near Phoenix. I was sent 20 pictures of the facility I'll see if I can find them in my computer file.
Another news article out from Barrys five minutes ago
How high could TAGG go with a buyout offer.
No volume here and prices way down it's time for another bullsh*t PR Henrey
To whom it may concern don't put your hard earned money into catalyst resources Henry is a scam artist Henry has put out Hundreds of agreements on all the companies he's involved with and not one of them has come through he"s just stealing your money be careful
They're just dumping as many shares as they can on the market and then they will run away with everybody's money if they had anything in the works they would let the stock run Henry and Doug should be going to jail
They converted another hundred million into common stock what a scam and definite agreement don't mean sh*t specially coming from Henry they will never complete the deal thay never do nothing
There's just way too many shares going way too cheap they can't have that many shares to dilute what the heck is going on
I hope you're right I seen the price lower than that so I'm holding hopefully MMS will push this thing up with any other news that comes out
Let's hope so I'm hoping to see some kind run today
The 10 minute chart looks really good