Marol

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  • Best and Worst Dow, S&P 500 Performers YTD
    Re: WMT (what else?).

    Like many others -- increasing numbers of others -- I won't shop there. Pepe, Mom & Pop do pay them substantially more -- they are required to by law. I will not go into detail here about unallowed bathroom breaks, required signing-in late (i.e., after working for some time) and signing out early, and on and on. You can check it out.

    So why, when folks generally believe prices are lower, are they doing so poorly? In part, I suspect, because increasing public awareness of their bad and illegal behavior is shifting public opinion. (I agree with Lawrence: This is one reason why we should not try to eliminate non-pure-financial opinions from this excellent website. As for free speech: it's one of the few American principles agreed upon by both political extremes.)

    It is generally considered important for companies to maintain good public relations by behaving well. Nefarious behavior can only be hidden for so long. And then of course there are those darn pesky lawsuits when the truth comes out -- along with far greater publicity, because lawsuits make great headlines.

    I can't resist a suggestion: to save some real money on purchases, shop Craigslist! (If they ever go public, I'll be in line for shares.)
    Mar 23 06:13 am |Rating: 0 0 |Link to Comment |View article

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