News Focus
News Focus
Followers 2
Posts 602
Boards Moderated 0
Alias Born 05/30/2001

Re: LeGoose post# 30322

Monday, 04/04/2011 2:56:18 PM

Monday, April 04, 2011 2:56:18 PM

Post# of 54410
Hmmm. GMTN (aka GMTA) did a reverse stock to delist and go private? Interesting factoid. Thanks LeGoose

http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GMTN&selected=GMTN
http://www.morningstar.com/1/1/90573-gmta-gander-mountain-company.html


Maybe Gander is giving Ferris some advice? Maybe the scenario I suggested as a possible one isn't that far fetched?

Ferris didn't say "no" to the query during the CC that the company isn't looking to purchase itself (ie go private) or be purchased, he said "not at this time", and "not currently" which was also his response to listing as well as his written response to not restructuring the company's capital in the latest annual report...

It's not like Ferris hasn't ever changed his mind on anything, or gone against his word. http://www.bizjournals.com/phoenix/stories/2001/05/07/newscolumn5.html

Ferris will do what he feels is in the best interest of HIS company, which necessarily may not be in the best interest of his current shareholders who helped him (with their investment dollars) get his company to where it's currently at.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent VTSI News