Stocks have plummeted since the 1.95B debt refinance has been announced. Any word on more downsizing after Q2 earnings release?
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@10e A fresh coat of paint helps the curb appeal when they have to liquidate.
Whered all the money from worldpac go? And why did they re-paint the stores when they did not need to be painted.
All this tells me is the leadership is giving themselves a few years of a salary while they look for the next gig before bankruptcy is filed. The Grecco regime got this organization to where it’s at and this refinance just a bandaid till the axe drops. I’m 80% sure in 3 years we’ll read about the doors shutting. Anyone not looking to line up something by this time next year should be.
Let’s just say….there has been a lot of quiet movement lately. Pay attention to what’s not being said!