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