Recent headlines suggest our stock is moving upward because of a rumor that Fossil might get purchased by a third party. In my opinion, the only reason leadership would sellout would be for a quick payday. They get paid, we get laid-off. A new owner will not be able to change the market dynamics we now face. The players mentioned have a history of gutting the businesses they purchase. Unbelievable lack of vision and transparency. Once again, I feel betrayed by this company's leadership. Complete breach of moral trust.
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Disagree. Fossil needs leadership and a vision to be profitable not just line the pockets of the legion of 5 billion revenue target vultures they came and self served. Outside of the corporate office Fossil still has allot of good will with its customers
Once these third parties truly understand the market dynamics, and hear the dreadful results that I believe will be announced during our next quarterly call, they will run for the exits and our stock will drop by 45% within a week's time-frame.