GOod move, ME has been disappointing with Same Store Sales declines. The new directors have their names all over this move, but it is the right decision.
ME is the flagship so in needs to run on all cyclinders.
This recent 20% decline in stock price has been very disappointing but ultimately the company has had a terrible 12-18 months so it is reflective of that.
Hopefully we have seen the bottom and things begin to improve.
AAD Price at posting:
$1.74 Sentiment: None Disclosure: Held
