asf - There's lots of stuff on my site. All pure research. It's why I hold such strong views.
"I don't know how they do well in this environment, but they seem to".
It's actually very simple, run a business for the benefit of the owners. PPX is run as an ego factory. Some of the posts here are generous to the point of naivety.
I've spoken at length with those guys and they read my blog.
Paper wholesaling is actually a simple business. The senior management of PPX just don't have what it takes.
If you care to read my Roll of Honour 2012, http://www.paperlinx-sux.com/p/honour-roll-fy2012.html,
ask why they lost/let go Creighton and Kennedy. I know but cannot say out of respect for these two long serving experts in the business.
The place is stuffed, but most people have no appreciation whatsoever.
If you think that is overly dramatic, read about Mike McConnell at http://www.paperlinx-sux.com/2012/07/mike-mcconnell-snubs-ppx-investors-day.html
If that is the culture at the top, what do you reckon happens down the line?
If I said exactly what I KNOW from on the ground feedback I'd get sued by PPX.
SRS Price at posting:
5.3¢ Sentiment: None Disclosure: Not Held