Hey, I am sofa king happy I haven't worked at WFM for a few years, just wondering if that POS I.R.M.A. System is still there? That system seriously wasn't worth donkey d--k.
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No, it's not worth north of $40 a share. It had been up to about $37 and of course has fallen back as of today to $34 and change as the (once again) overhyped takeover and major improvements being promised are now seen as more laughing gas. This thing belongs on the auction block.
I would pay myself too...those guys might be douches but they did what's right it's known as " conscious capitalism"
The company is worth north of 40 a share.....
The board and leadership chose to do book tours and ramp up expansion and acquisitions of smaller firms without doing the heavy lifting of upgrading technology and properly integrating the company into a cohesive enterprise. For that, they saved possibly tens of millions of dollars which made profits look bigger for a long time. It worked until it stopped working, but meanwhile they paid themselves (and their regional cronies) vast sums in the form of salary, bonuses and stock options. This, combined with aggressive accounting for facilities leases, is like a nice, polish covering up chickens***. Now there's talk about pressure by investors to "do something." Well, DO WHAT? Obviously no one wants to buy the company at its speculative value, so all that's left to do is auction it off. Of course, that would demonstrate that the company isn't worth anything close to $36.00 a share. All that's left is a sand castle that's been washed away by the tide.
I.R.M.A, like c---roaches, will never go away and can't be killed...it seriously looks like something from the pre Windows95 era lolol
Hi Sofa King how's it hanging