Thursday, October 6, 2011

Syms Appeals...

In effort to keeps it's books out of the eyes of the very people that want to ensure that the company is being run for the benefit of all shareholders, Syms continues it's efforts to not turn it's books over to shareholders.

This comes, despite the fact that Esopus has provided more than enough evidence (as called for, by law) to warrant an examination of the company's books... It is a pity that Syms is continuing it's efforts and resources on things other than turning the company around and stopping mounting losses.

To pay homage to the late Steve Job's, my thoughts on Syms, the turnaround, and this court case are along the lines of his remarks on a certain executive that ran Apple when he was separated from the company.

"The management and board of Syms are continually trying to right the direction of the ship, while there is a big hole in the hull, causing the hole thing to sink."

Esopus - Oct 3- Appellate Reply Brf

Disclosure: Long Syms. This is not advice or a recommendation of any kind. Always do a ton of your own research in regard to anything that I say, do, write, or so much as even think about.

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