I'm starting to think that Stankey's math teacher wasn't really...on the up and up. It seems that young Stankey was taught that the half or even less of something beats the whole or more of something. If you buy 4 apples for $4 and then sell all of them to somebody else for $1, you win! You don't have the apples and you're down $3 bucks but you made a sale, so yay??? WTF man, WTF?
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Stephenson once called Stankey, son of a g-n and one of the best operators in the business.
Well, I won't dignify to comment on the first part. Stankey is definitely one of the best operators in destroying shareholder value and employee jobs. Don't take my word for it, just look at the data.
He used to say that these mergers had give us 1+1=3. I guess the question of "what if 1+1=.5?" never made it through his screeners. Someday, someone will have to tell him that Golden Boy is not unclothed.
StankMonster was on cnbc yesterday morning bragging about the stock being up in pre-market around $33. This morning it's under $30 again in pre-market activity. More genius from the worst ceo in American history. Any comment on this JohnnyBoy ?
Oh come on, they only lost 42 billion. It wasn't quite half.