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This will be my final message on this bulletin board as I have lost my bet with hubris12000. Congratulations hubris! You win. I lose. I will honor the terms of our bet.
The learning from this bet is to never underestimate the manic/depressive nature of Mr. Market. Whole Foods had a very strong quarter with same store sales up 9.9% on top of a 15.2% increase last year--phenomenal results. In addition EPS were up 27% over last year and the company beat earnings estimates by 3 cents. However, Mr. Market hit the panic button and the stock has crashed, down almost 40% from its high of just a few months ago. Whole Foods itself has a very bright future and I will continue to hold my stock for a very long time--until the growth begins to significantly slow. I've enjoyed my 8 years on this Board, but all things must come to an end. I wish everyone the very best. Hog152--keep the faith. liberfar--good luck with your market timing game. hubris12000--take your profits while you can, Whole Foods remains very strong and the stock will show continued strong growth over the long-term. Surgeon General and Boston Cowboy--you were both right about my true identity all along. Congratulations on your cleverness. Take care everyone. Goodbye. Rating :
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Goodbye JM! Take care and keep up the great work! We'll miss you on this board!
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eom..
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What did rahodeb mean when he wrote "Surgeon General and Boston Cowboy--you were both right about my true identity all along" in his last posting on Aug 12, 2006?
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because it was suspected for years that it was John Mackey posting under that name. he always denied it, once claimed he was george w. bush. that would have made sense. anyway, to certain people this isn't a surprise at all. in fact I know of two other boards that have a ceo posting. prob not anymore, that's for sure
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This says a LOT about his character.
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Yup, and now its resulted in a securities and exchange SEC antitrust lawsuit. Hope he had fun
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53/Male |
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Please show your proof of this, or shut your stupid babbling mouth.
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It's not an SEC lawsuit, it's an FTC lawsuit, and the proof is in the news.
Sentiment : Strong Sell Rating :
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"Yup, and now its resulted in a securities and exchange SEC antitrust lawsuit. Hope he had fun"
*** Mr. Mackey's actions (posting on a message board) didn't result in any SEC antitrust lawsuit. The antitrust lawsuit is being brought by the FTC and is a result of their belief that the merger would be detrimental to consumers. Mr. Mackey's financial blogging came to light during the discovery process of that lawsuit. "The company acknowledged that the postings by "rahodeb" were written by CEO John Mackey. They were made public this week as part of a lawsuit by the Federal Trade Commission to block Whole Foods from buying Wild Oats on antitrust grounds. Regulators say the sale would combine the two largest organic and natural foods retailers and raise prices for consumers by concentrating too much power in one company." http://biz.yahoo.com/ap/070712/whole_foo... While I could be wrong, I doubt that there is much that can be brought against Mr. Mackey legally; this attention is more of a "oops" moment. In fact, from what I've read ( http://legalpad.blogs.fortune.com/2007/0... ), it appears that Mr. Mackey didn't disclose any material, non-public information; rather, he stated what could already be verified by filed documents -- and his opinion on such matters -- opinions that could change somewhat over time. As the company (Whole Foods) stated, "[Mr. Mackey] now have far less relevance than when they were written. In addition, like most people, Mr. Mackey's opinion about some things has changed over time". It is my suggestion that some of the comments currently seem inappropriate in light of recent developments regarding the merger -- a merger that Mr. Mackey opined would never happen, and at a price which is materially higher than what Mr. Mackey indicated as too high previously. Rating :
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"a merger that Mr. Mackey opined would never happen"
And he was probably right, partially from his own doing. It's true that there isn't anything legally implicating Mackey of any wrongdoing. However, opinion changes or not, his blatant attempts to surreptitiously manipulate the market through public opinion will not go unnoticed in the FTC's suit. Also, if the judge is worth his salt, Mackey's abundance of doublespeak will eradicate any pretense of credibility he had left with regards to his arguments that the merger is not anti-competitive. Whole Paycheck was already walking a thin line with its merger attempt. This new information will not help their case at all. Sentiment : Strong Sell Rating :
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Did they win an award for guessing his true identity?
Sentiment : Strong Sell Rating :
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whatever
Sentiment : Strong Sell Rating :
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yeah so long!
Sentiment : Strong Sell Rating :
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Goodbye JM (I wish!)
Sentiment : Strong Sell Rating :
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Rahodeb,
We need you to stay on this board. Yeah, you lost your bet with Mr. Hubris, but maybe he'll let you off the hook so you can stay on the board so he can have the pleasure of thrashing you some more. As for me and many others, we need your keen insights, so we don't want you leaving over some silly stock price bet. Take care, Tank Sentiment : Strong Buy Rating :
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Surgeon General-Email me at Hog152@yahoo
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rahodeb:
I'm not sure what the terms of your bet were but I can see that you have a lot to offer so I urge you to consider posting over at the www.investorvillage.com WFMI board so serious investors can continue to benefit from your posts. I and a bunch of the SunOpta (STKL) board posters moved over there after Yahoo screwed up their boards and have been VERY happy with the move. For one thing, they actually enforce the Terms of Service there so bashers can only go so far before they get kicked off. Chronological format, private messages, no length limit, longer subject lines, html in posts, ability to see who has recommended what, and responsive adminstrators - in my opinion IV is far superior to Yahoo in every way. Sentiment : Strong Buy Rating :
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You are correct stoic. See you there.
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Deborahodeb,
Having been a long time follower and occasional contributor to this board, your departure demonstrates class and integrity while signaling the death knell of the intelligence and relevance of this forum on WFM (at least for me). Long gone are the intellectual battles between you and HedgeGP that were informative, entertaining, and conducted at a high level of discourse. These have been replaced with self absorbed maniacal posters hurling insults and posting incessantly to make up for feelings of self impotence (pun intended). It has been a chore for quite some time to sort through the weeds to glean the occasional nuggets diplayed by the rare intelligent posters. This is really in many ways reflective of the culture we live in today with little respect for anything or anyone. All things must pass. I hope that you and others interested in relevant dialogue will take wildstoics advice to regroup on the investorvillage site where we can continue the dialogue. Your legacy on this board is secure. To what once passed for an intelligent and entertaining forum I say RIP. drrocker57 Rating :
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"your departure demonstrates class and integrity"
pumpers have NO class and absolutley ZERO integrity. in just over 7 months, WFMI has lost over 40% of it's value. something "deb" said would NEVER happen. Rating :
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The guy is laughable, I will NOT shop at Whole Foods anymore. Wild Oats is better anyway, of course if they buy them we will have to shop at Trader Joes.
Sentiment : Sell Rating :
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Deb,
Flat out, I think it's ridiculous that either one of you ever agreed to this bet. It's very honorable of you to follow thru but the point and focus of these boards is completely lost with strong bull arguments like yours falling by the wayside. Despite what you decide, best of wishes to you. blake Rating :
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Wow, I can't believe you're the CEO of Whole Foods. Are you crazy or something??? You're now headline news on the Wall Street Journal
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I just lost 100% of my respect for John Mackey and will be selling my Whole Foods stock in the morning.
If your dumb enough as a CEO to troll these forums, how could you be stupid enough to let people find out about it? Rating :
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Why wait until tomorrow? I sold mine in after hours. What a turd. Imagine Michael Dell posting bad things about HP on the DELL board. No, can;t imagine that because Michael Dell is a working mature adult.
Mackey should be embarrassed and ashamed. Sentiment : Strong Sell Rating :
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I own LEAPS unfortunately. I guess I could hedge them in AH.
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Mackey you are a @#$%ing loser.
Sentiment : Strong Sell Rating :
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"If your dumb enough as a CEO to troll these forums, how could you be stupid enough to let people find out about it?"
*** I take issue with your comment (full disclose: I'm neither long or short Whole Foods). In fact, I own particular issues where executive management has posted or responded to questions/comments on a public forum. I also own issues where an executive management team would answer my questions during a conference call. In each of these situations, it was known without a doubt who the executive was and they didn't disclose any material, non-public information. I think the real issue here is that Mr. Mackey posted anonymously and, from what has been disclosed, denied who he was when he was called out. Had he not done that I believe that this situation, however bad it looks in the public eye currently, would be nothing more than a footnote in a few years. Rating :
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Oh man is this a hoot or what. So, um, what are your next earnings going to be?
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At first blush this looks very bad but may end up being just an embaressment..........though a whopper.
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Honestly, this has to be one of the all time worst goofups by a CEO of a public company.
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"may end up being just an embaressment..........though a whopper."
Yes, this is embarrassing. Maybe embarrassing enough to inspire Mackey to take WFMI private, to avoid public scrutiny? I'm not sure how WFMI would be hurt by the revelation. The last posting was almost one year ago. Rating :
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Yes, that last posting may have been over a year ago, but the issue isn't just stockholders' reactions. This is the stock of a company that can't close a deal without FTC approval. The FTC can't view this revelation positively as an ethical act of a responsible, truthful CEO. Will the FTC believe anything this CEO tells them after this whopper of a charade?
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The FTC has already ruled against him. It's up to the court now, but this certainly gives the FTC ammunition to use in the proceedings.
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Goodbye Mr CEO, good luck to you.
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This is simply unbelievable. Talk about an "exogenous" event!
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I don't know if there's any truth to it, but I heard that the NASDAQ is changing Whole Paycheck's (err, Whole Foods') ticker symbol from WFMI to WTFMI ;)
Sentiment : Strong Sell Rating :
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That should be WTF,MF to be grammatically correct. What does the 'I' stand for in WTFMI?
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Whole Foods Market, Inc. (WFMI). The I stands for Inc.
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In my particular version (meaning the joke you didn't get) "I" stands for "I".
You can figure out the rest. Rating :
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hey rahob........turn it to cnbc!!!!
LOSER!!! Rating :
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Rotfl, very professional. I think I'll buy the stock now!
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Soylent Green is PEOPLE!!!!!
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The only way to guarantee that rahodeb doesn't return is to convert him into Soylent Green. JUST KIDDING!
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Then he'll show up at Walmart.
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See how "motherof3boys" referred to him as "JM" a year ago? Very interesting and possibly illegal activity. Possible insider info.
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>"See how "motherof3boys" referred to him as "JM" a year ago? Very interesting and possibly illegal activity. Possible insider info. "
No. Show us. Link? Rating :
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Re: Congratulations to hubris and goodbye (2 Ratings) 12-Aug-06 09:18 pm Goodbye JM! Take care and keep up the great work! We'll miss you on this board!
Rate it: motherof3boysanda... ----------------------------------------------------- --------------------------- View Messages Ignore User Report Abuse BWAHAHAHAHAHAH Rating :
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