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#11
posted to rec.boats.cruising
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Bankruptcy inevitable...
Dave wrote in
: Guess Larry didn't do any Christmas shopping. Major Dept. stores were offering unprecedented discounts to unload their inventory by year-end. Every place you turned there were signs "take 30% off" "take 50% off." You used to see that post-holiday, but not pre-holiday. Being the only one left in my family....I don't have much of a Christmas outside the parrots, who are pretty easy to please if you have Monkey Biscuits in your pocket. I give my friends' kids money so they can have more Christmas this coming weekend of stuff they want, while taking back the crap the adults bought they can't stand.... I noted the signs and the "limited time offer" nonsense. The brick and mortars STILL think we are going back to the "good ol' days" of jacking up the prices every other week by 25%, month after month, as the money became more worthless and everybody had lots of it. I think they are ****ing to windward in 2009-2010 and maybe beyond. Well, the Liquidations will begin today or tomorrow. It's way beyond 50% off on a few items as loss leaders. They've got to liquidate stock to feed the kids, now. |
#12
posted to rec.boats.cruising
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Bankruptcy inevitable...
Vic Smith wrote in
: Weren't you talking about Rotella oil or some such? Hey, as long as you want it, the price won't come down! Seems in the past retailers will only go so low with prices, then their stock ends up with discounters and employees, who unload it at garage sales. Maybe now ebay. But it's complicated as all get-out. You always have to keep your eyes open for real deals, and usually when you see one, it's right after you paid retail! --Vic I have a letter nearly ready to ship to my state Attorney General next week. It is entitled "Price Gouging or Price Fixing?" I hope it will result in getting him interested, at least, intaking a look at these outrageous overpricing on oil products....ALL oil products. The raw material has dropped $113, 78% from the high of $145/bbl. To keep the prices at that level is price gouging. If the oil barons are telling everyone to maintain that price, it's price fixing. Either one is illegal in South Carolina. It's time the AG's office started looking into the phenomenon. |
#13
posted to rec.boats.cruising
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Bankruptcy inevitable...
On Dec 26, 12:51*pm, Dave wrote:
On Fri, 26 Dec 2008 10:53:17 -0800 (PST), Two meter troll said: bad part is with this no wharehousing idea the slow down hits a much larger pool than it should. Not following you here. With just in time systems, when the stock on the shelves is sold the retailer has to crank up his suppliers faster because there's nothing in the warehouse to sell off first. the factories dont have any storage so the line works only when there is a demand. no demand, no work, no mony for goods, factory closes down, no jobs, no money for goods, no demand. So you're looking at the finished goods inventory, not raw material, *and you're *thinking that it would be better to build up excess finished goods inventories that would have to be sold down before additional production starts, and to pay the additional capital costs of carrying those inventories over the long term? we dont even have raw materials in storage. most buisness have reworked in the last twenty years to near on demand. this means there is no real backup. if the thread makers are waiting for the weavers to order thread and the weavers are waiting for an order of calico and no order comes in the weavers dont work, the thread makers dont work, the spinners dont work and the cotton farmer is stuck with barn full of stuff he cant sell. it all just goes systemic. warehousing provided a backup to an extent and allowed for the trade in goods that could be bought short in one place a sold long in another. the current model allows flexability to hit fads and trends quickly but it was never ment to handle scarcity and recession. if the weavers produce no cloth then the seamstresses dont work. with no one working no one can make money and it just gets worse. |
#14
posted to rec.boats.cruising,alt.usenet.legends.lester-mosley
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Bankruptcy inevitable...
"Dave" wrote in message ... On Fri, 26 Dec 2008 16:58:55 +0000, Larry said: That's what's queer. Consumption is way down but prices haven't dropped! Guess Larry didn't do any Christmas shopping. Major Dept. stores were offering unprecedented discounts to unload their inventory by year-end. Every place you turned there were signs "take 30% off" "take 50% off." You used to see that post-holiday, but not pre-holiday. - I was shopping for a stool. That's still too expensive for a stool. - i duuno somehow 5000 does seem all that much - so I went to harleysville, - then I sent my aunt a youtube video of Cheney shapeshifting into a reptilian. HAHA it was so stoopid! - birthstone necklace? did you say NECKLACE? i remember a while ago when my aunt was going on and on about her jewelry, she specifically metnioned she had no necklaces because she couldn't wear them because they caught on those 'growths' on her neck. YUCK! that's mostly what they have on sale. yuck mk5000 "Girl hey you go girl. De le de le that that that girl. Girl hey you go girl. Baby baby baby baby girl. "--solange knowles |
#15
posted to rec.boats.cruising,alt.usenet.legends.lester-mosley
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Bankruptcy inevitable...
"Two meter troll" wrote in message ... nope and prices wont for a little while. right now they are holding prices up for the holidays and winter. captive audiance dontchak now. i would wait for spring if i was to bet on this and watch the prices start to drop. mid summer and shops are going to be sweating it trying to get stock out the door. bad part is with this no wharehousing idea the slow down hits a much larger pool than it should. ===== they just announced some numbers tonight. 27 percent hardest hit, electronics. shoes and women's clothes almost as hard hit mk5000 "Troubling, stumbling, fumbling for the words to say that I'm leaving you Leaving you Troubling, stumbling, fumbling for the words to say that I'm leaving you (You always said that we'd make it through) "--Solange Knowles |
#16
posted to rec.boats.cruising
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Bankruptcy inevitable...
On 26 Dec 2008 14:59:02 -0600, Dave wrote:
On Fri, 26 Dec 2008 14:34:36 -0500, said: If Ford Motor Company price drops $1.11 more, they'll be DELISTED! Don't rule out a reverse split to avoid delisting. That may work in the very short term. Longer term, shares tend to lose much of the per share price increase following a reverse split. I've seen it happen a number of times, and studies have also demonstrated that this most often occurs. Since when has business in the US been at all interested in thinking long term? These days, most companies are run on daily flash reports. |
#17
posted to rec.boats.cruising
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Bankruptcy inevitable...
On Dec 28, 2:37*pm, Dave wrote:
On Fri, 26 Dec 2008 14:19:56 -0800 (PST), Two meter troll said: the current model allows flexability to hit fads and trends quickly but it was never ment to handle scarcity and recession. if the weavers produce no cloth then the seamstresses dont work. with no one working no one can make money and it just gets worse. Perhaps you should become a consultant to the domestic weavers g. I wouldn't hire you, but they say there's a sucker born.. each to his own. i hear yall bitching and i am not. one of us must be right. |
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