I imagine that the I imagine that the pumped up quarterly numbers had the biggest goal to calm the shareholders down, and fool them into believing that this leadership is doing a good job. But are they seriously buying this? Any man whose stepped foot into a Lowe's store can tell that this company is far from a good place. Is it really that easy to trick the shareholders?
4 replies (most recent on top)
Lowes 401K investment is by far the largest segment player in Lowes stock. It always has been from when it started as a worker owned company to recently when the activists realized they had to limit Lowe's stock ownership to no more than 25% or face the prospect of being out numbered. So many
terminated employees will move their holdings and divest Lowe's stock to create a glut of shares that can then be bought cheaply as the stock declines. By proxy many hostile players to the two Wall Street bobble-heads could unhinge rival shareholders in a NY minute! Now we don't need to go to Princeton or Wharton to figure out that, do we? Sooooooo Smart !
Institutional investors purchased a net $7.7 million shares of LOW during the quarter ended April 2019 and now own 77.57% of the total shares outstanding. This majority interest is a greater percentage than is typical for companies in the Home Improvement Chains industry and highlights that the smart money sees this stock as an important holding.
https://money.cnn.com/quote/shareholders/shareholders.html?symb=LOW&subView=institutional
They don't care that you have to do more with less.
Most share holders don’t care about the wage slaves misery I the stores. Many of them don’t even step foot inside a Lowe’s store. They hire people to take care of their problems. They need their house painted, they hire someone. They need something else done, they hire someone. It is that someone’s job to paint the house or fix what is broken.
Best thing to do is divest yourself of all things Lowe’s; stock, your hope that one day Lowe’s of old will return, your job. Move on get a job outside of retail, things aren’t better at Home Depot or Walmart.
Last one out turn off the lights.
Yes . The shareholders whom have made billions off these things in their careers have no idea what they’re doing and should probably come to the layoff site so they can learn from you instead.