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Starbucks CEO To Step Down After His Anti-Trump Vow To Hire 10,000 Refugees Backfires
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Bull_Is_Back Offline
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Post: #21
RE: Starbucks CEO To Step Down After His Anti-Trump Vow To Hire 10,000 Refugees Backfires
(03-20-2017 10:51 AM)UofMstateU Wrote:  
(03-20-2017 10:30 AM)NIU007 Wrote:  The stock price had been on a downward trend for a year before he even made that comment.

Which is why it was even more stupid to make the comment.

THIS!

Remember when target initially got hurt and everyone pointed out Walmart was having a bad week as well... But Target never bottomed out they turned a slight market driven downturn into a full on self inflicted clubbing.
03-20-2017 11:02 AM
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NIU007 Offline
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Post: #22
RE: Starbucks CEO To Step Down After His Anti-Trump Vow To Hire 10,000 Refugees Backfires
(03-20-2017 10:51 AM)UofMstateU Wrote:  
(03-20-2017 10:30 AM)NIU007 Wrote:  The stock price had been on a downward trend for a year before he even made that comment.

Which is why it was even more stupid to make the comment.

Even after that the stock is 3 times what it was a few years ago.

I think Starbucks is vulnerable though. If the economy went on a downturn, suddenly expensive coffee might not be as much of a necessity.
03-20-2017 12:56 PM
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chiefsfan Offline
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Post: #23
RE: Starbucks CEO To Step Down After His Anti-Trump Vow To Hire 10,000 Refugees Backfires
(03-19-2017 08:45 PM)Attackcoog Wrote:  Free Speech protects the rights of individuals to say most anything they want with no repercussions from the government. It doesn't protect you from the economic consequences of your actions. I'd love to see some boycotts of Hollywood actress's/actors movies. That might slow down the steady high pressure stream of hate from Hollywood. When those box office receipts fall by 50%, those actors wont be quite as in demand.

There are certain things in which boycotting won't work:

Sure, a bunch of people can boycott Hollywood, but the people willing to do that are probably the people who don't attend many movies anyway. I attend 3 movies or so a year. I could threaten to boycott for some reason, but it's not going to do anything.

Hollywood is a multi billion dollar enterprise that is worldwide. There's simply not enough people in this country to really hurt them. All they have to do is throw out another Star Wars film and it's all good.

It's sort of like threatening to boycott the NFL over players not standing for the anthem. For every person willing to drop their tickets, there's a guy on a waiting list behind them ready to take their spot.
03-20-2017 01:12 PM
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