All I can say is that these activists are good for themselves. Get the share price up and then sell and leave a mess behind. I should of sold my CAB shares around Christmas when they were in the 60's.
http://www.cnbc.com/2017/04/12/whole-foods-stock-rises-on-report-amazon-once-weighed-takeover-bid.html?__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory&par=yahoo&doc=104399935&yptr=yahoo
So, the Cabelas are the ones here to blame? Why was the news about Singer owning a minority stake in CAB get so much mileage then? Was it theoretically a fake event to stir things up enough that the Cabelas could look like they were not behind it? What gives?
The activist didn't own enough stock to force a sale. That would have been the biggest shareholders....there last name begins with a C. The activist just accelerated the process.
Put the blame where it belongs