Great Quote!
I know the price of Safeway or Slaveway stock and it is was in a FREEFALL and trading sideways and down. (No Dividend)
I'll see if SWY falls below 17.26 the 52 week low and see if the 16.45 low on 21-Apr-03 is possible. (If so, Ouch!)
SWY is almost oversold and a short term buy to $19.75.
As for value, well Larree Renda is the problem at Happy Holiday (NO Merry Christmas) looks like money is more important than family Safweway.
Larree Renda, 45
Exec VP Retail Ops,
Human Resources,
Public Affairs,
Labor & Gov't
Relations,
Reengineering & Communications.
Larree has a great stock option benefit program and she is exercising and sell every chance she gets. (GREEDY)
INSIDER & RULE 144 TRANSACTIONS REPORTED - LAST TWO YEARS
When I lived in Italy (Roma and Napoli) everyday from 12 to 3 everything shuts down and the population goes home for lunch and family time.
I enjoyed the family life style and Christmas is truly Christmas in Italy.
Wait, wait. Why am I included in a ping with an opening quotation like THAT?
Sure, money is more important to Safeway than their employees' personal lives, and I think they are morally wrong. But I don't want their right to be greedy pigs legislated away.
As a nurse, I have been forced to work many a holiday, and for time-and-a-half, not triple time. I hated every minute of it, but endured it because I realized it came with the territory. I could have looked for a different job, but I chose not to. The Safeway employees that object to the policy are in the same boat.
Safeway has a right to be greedy and self-serving, but the employees have the right to quit and the customers have the right to stay away and hurt them in the pocketbook. Money really does talk.
Sounds great!
Also sounds like you might have a start on a modern day Dickens tale with Safeway. ;o)