8 Comments
Feb 7Liked by Herb Greenberg

That airplane sleight of hand is clever. The even greater 'voila' will be when a C-suite also owns the real estate to which the naming rights fees get remitted....

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Feb 7Liked by Herb Greenberg

The stadium curse strikes again!

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Feb 7Liked by Herb Greenberg

Herb is the only guy I know of that enjoys reading through class action lawsuit documents. I’m thankful he does.

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Feb 7Liked by Herb Greenberg

PayCon. Oops my finger slipped one keystroke over. We better not bet on Beti. Thank you for the research Herb.

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Self-enrichment schemes around buybacks, incentives, and lavish exec perks, stacked atop product cannibalization issues and a negative earnings surprise? And shareholder lawsuits to boot? Major red flags condensed in one piece - Great work!

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Feb 8Liked by Herb Greenberg

If the Beti program is so good, I wonder if they have been able convince companies to switch from their competitor's program to Beti? Are they growing their business at all?

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author

Something is off and on this call they seemed to try to de-emphasize Beti, which was weird.

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The only points I could consider real issues are the BETI issue, as well as the buybacks not being material.

The rest is fugazi.

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