Was something announced or what, the stock took a huge jump up 2.5%. Hot sale on the company perhaps?
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Now the shares are a SELL which we all know means strong sell these days. I hope it crashes to zero.
2 months old from bad sources...more rumor mongering.
Ha, ok. I was just trying to provide some info because someone asked why the stock was up. The most recent report from Sept. 15 is behind a subscription paywall... But this one's from July and says a lot of the same: http://www.dealreporter.com/info/2016/07/27/cabelas-pairing-suitors-final-bids-weeks-away/
So the rumors are still flying. Cabelas took a stock jump alright, right in the toilet after missing numbers. CEO and crooneys are heading this company into the toilet. Glorified walmart is what its become. focus on profit and still miss the mark. CEO and Execs all need a BT review
And why should we believe you, since you can't back it up with proof? Hide behind the "subscription only" claim. If you can't back it up, don't post it! I don't believe any of this anonymous source cr#p. Just more rumor mongering.
There was a story in Deal Reporter (subscription only) Monday that negotiations are still happening and are in the final stretch. Cited anonymous sources. Said that Sycamore Partners (private equity firm) and bass Pro are interested in buying the retail arm and a deal is weeks away. The retail buyer will partner with a bank to run the CC operation. Can't link because you need a subscription to read it...
http://www.prnewswire.com/news-releases/keller-grover-announces-proposed-settlement-in-cabelas-call-recording-class-action-300316704.html
Yeah there Tommy. Choke on it.
Simple....just a great company that investors want to be a part of.