DutchmenSport wrote:
"when the stock, which had traded above $47 per share, fell to about $19 per share."
So.... what happens in a month or two when stock prices go back up? Will everyone have to give back their $5.00 gift certificates? :h
Purchasing stocks = gambling in my opinion, and looks like they lost at the poker table. Give it time, it will reverse again.
Reading through the complaint, who knows. One thing is certain if the claims in the complaint are true it's not going to be pretty for CW and Emperor Marcus Quirinus Romulus Silvanus Lemonis, class action or not.
I had expected something like this to eventually come about when they went public, then snatched up businesses at auctions that were already failing. Gander Mountain was started and operated by people who knew the outdoor equipment business, where they failed was not keeping up with online business and they had the old clock cleaned by Johnny Morris and Bass Pro who also ended up owning Cabelas, along with other companies such as Dicks and REI also operated by people who know that business in and out. Along comes Marcus and he's going to turn that around? With what? The same exemplary online experience and customer service that one gets online or by walking into a Camping World Store or dealership / service department? When I had my run ins with Camping World while trying to spend money on new rigs 3 different times I said I would never, ever step foot in one again and haven't.
Muhahahahahahahahahahahahahahahaha, I just spit coffee all over the keyboard just thinking about it.