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pepeoil

01/06/21 8:08 AM

#150694 RE: stervc #150693

Yep, sounds like Rotmans is a total disaster. We knew that

jaiguruji7

01/06/21 8:09 AM

#150695 RE: stervc #150693

Hi Stervc,

My thought would be a Selling of their furniture business, to a much bigger company like Wayfair after their inventory liquidation and remodel and merchandise reset is done. Then they could use these sales funds to completely focus on the other 3 core businesses, Latex, RxAir and FEC. Because I believe maybe they got some very huge contracts/partnerships in this area.

JMHO

dugie100

01/06/21 3:01 PM

#150703 RE: stervc #150693

Looks to me like he is covering for something . Of course Steve Rotman will spins this in a positive direction if he didnt there would be a mass exodus from his stock and the Family piggy bank would run dry real quick. Liquidating inventory at a loss doesnt seem to be smart business 101 practices.