Have you seen this...Five years ago Jim Palmer talked about the need to go public. So unless Peacock or whoever concerns you at the moment, hatched some incredible plan to sell shares LOL five years earlier...I don't get the connection.
================================================================= Here is Jim Palmer he talks about going public....(5yrs ago!)
One of every 13 workers in Montana is employed in the trucking industry with an average wage of $30,000, although most drivers are making more than that.
“They’re good-paying jobs,” said Stang. “I think they play a big part in the (state’s) economy.”
“They’re not low paying jobs,”added Palmer, who has little driver turnover. “People are getting way above the state average. We’re not on the low end of the totem pole.”
He said said public companies will continue to make it tough on private ownership.
“They work with like Monopoly money,” said Palmer. “It’s hard to compete with those types of people because they use a different dollar than we do.”
Most agree, however, the future for the industry looks brighter.
Let's discern Jim Palmer's statements...If Palmer was saying five years ago that "Private companies can't compete against Public companies because in essence Public companies can finance operations by doing private stock offerings." (See Jim's comments below) Well it makes a helluva lotta sense five years later.... that ol Jim sees the need to expand his trucking fleet by finally going public.
Peacock was not around hatching this plan with Jim Palmer five years ago...I'm sure of it
================================================================= Jim Palmer talks about going public....(5yrs ago!)
One of every 13 workers in Montana is employed in the trucking industry with an average wage of $30,000, although most drivers are making more than that.
“They’re good-paying jobs,” said Stang. “I think they play a big part in the (state’s) economy.”
“They’re not low paying jobs,”added Palmer, who has little driver turnover. “People are getting way above the state average. We’re not on the low end of the totem pole.” He said said public companies will continue to make it tough on private ownership.
“They work with like Monopoly money,” said Palmer. “It’s hard to compete with those types of people because they use a different dollar than we do.”
Most agree, however, the future for the industry looks brighter.
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