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RichardBachman

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#1 RichardBachman
Member since 2018 • 8 Posts

@Fuhrer_D said:

Company name?

Sorry, I can't say. The two reasons are 1) I still have a job for now and I want to ensure I don't burn any bridges and 2) there are some ethics involved since this would be insider information when paired with a name and, with this knowledge, the smart but unethical move would be to buy stock now and sell before the first quarter results of 2019 are released. That's when their increased costs from moving onsite jobs to expensive consultants will hit.

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RichardBachman

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#2 RichardBachman
Member since 2018 • 8 Posts

And hundreds of layoffs.

We got the news earlier that the executive team is halting IT initiatives outside of maintenance until Q1 2019. The projects will be halted in September, at which point the employees involved will be laid off. When resumed in Q1 2019, they will be outsourced to our contracting partner.

Two days later, we had our quarterly meeting at which the executive team provides updates on the status of the company. This quarter the CFO's presentation focused on how the combination of the tax cuts and soybean tariffs led to record EPS figures for the first 2 and a half quarters, and if we cut costs a bit during Q4 a record EPS figure would be all but assured for the year.

I don't know if you guys have had much of a trickle down effect from the tax cuts, but I may be feeling a significant one in a few weeks.

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RichardBachman

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#3 RichardBachman
Member since 2018 • 8 Posts

@horgen said:
@LJS9502_basic said:

I've thought about this for awhile and I cannot come up with a reason to recommend sources that are blatantly biased. There is bias in all sources but if it's blatant then you're veering into Fox News and that is not a good source for anyone to watch.............it doesn't deal in reality.

Perhaps not recommend to educate yourself on a topic, however to educate yourself on what others might be basing their opinions on.

They can have some value of both kinds. Although it takes some care to separate the wheat from the chaff.

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RichardBachman

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#4 RichardBachman
Member since 2018 • 8 Posts

@mrbojangles25: Um.... I'm not sure that post had the effect you intended it to.

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RichardBachman

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#5  Edited By RichardBachman
Member since 2018 • 8 Posts

This is a good move for a number of reasons.

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RichardBachman

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#6 RichardBachman
Member since 2018 • 8 Posts

I only seek out mustard. If someone puts mayo or ketchup on a burger I won't turn it down, but I never buy them or request them on anything.

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#7 RichardBachman
Member since 2018 • 8 Posts

My Pet Monster - While everyone else at the age lugged around a cute stuffed animal or doll, I loved this hideous thing.

Nerf guns - particularly the bow and arrow sets that are impossible to find anymore. The darts shot far and were easy to see, which made the game a form of dodgeball if you had the space for it.

Shark Attack - I had an active imagination as a kid, so that shark chasing my piece from behind was terrifying.