pmwiseman Report post Posted August 24, 2017 (edited) https://www.cnbc.com/2017/08/16/marcus-lemonis-if-youre-ok-with-what-trump-said-dont-shop-at-my-business.html I wonder if that includes his Gander Mountain acquisition? Edited August 24, 2017 by pmwiseman After further review, it appears headline referenced and content I quoted were inaccurate Share this post Link to post Share on other sites
wolfe10 Report post Posted August 24, 2017 Yup, already discussed here in the FMCA Forum: http://community.fmca.com/topic/11323-political-statement-by-marcus-lemonis/#comment-86916 Share this post Link to post Share on other sites
pmwiseman Report post Posted August 24, 2017 Thanks Wolf10. I am a bit slow on reading/reviewing as I am still working full time. :-( Share this post Link to post Share on other sites
pmwiseman Report post Posted August 24, 2017 Note that my original question was submitted without editorial comment...Just asking if anyone saw it. :-) Share this post Link to post Share on other sites
gulya Report post Posted August 25, 2017 Our Gander Mountain is closing, it has only been open about two years, sad. Share this post Link to post Share on other sites
manholt Report post Posted August 25, 2017 Tom. Coming to your ex Gander will be trailers and coaches for sale...think CW. Ugh! Share this post Link to post Share on other sites
gulya Report post Posted August 25, 2017 We have two CW's now and their plan they announced last year is to close one, unfortunately it is the better one. Share this post Link to post Share on other sites
hermanmullins Report post Posted August 25, 2017 CW may be purchasing some of Gander Mountains old stores but the last I heard was that Bass Pro Shop had purchased Gander Mountain out of bankruptcy. Herman Share this post Link to post Share on other sites
hermanmullins Report post Posted August 25, 2017 😰You are correct, my mistake BPS and Cabelas are a good match. Here I go again where my mouth was in gear before I ever started my pea brain. Thanks for catching it. Herman Share this post Link to post Share on other sites
rsbilledwards Report post Posted August 25, 2017 That is good because I do not want to be left behind...I am in good company. B Share this post Link to post Share on other sites
wayne77590 Report post Posted August 25, 2017 It must be a club of alligator mouths over hummingbird rear ends....yep, know the feeling. Share this post Link to post Share on other sites
jleamont Report post Posted August 26, 2017 His CW stores are terrible and mismanaged. He was quoted in an article not to long ago about how he doesn't like RV people. Thats enough for me to stay away from his businesses. Share this post Link to post Share on other sites
rpelatt Report post Posted August 26, 2017 On 8/26/2017 at 8:23 PM, jleamont said: His CW stores are terrible and mismanaged. He was quoted in an article not to long ago about how he doesn't like RV people. Thats enough for me to stay away from his businesses. I suppose it would be hard to get to know any RV people if you only go from the back seat of you limo in order to climb into your private jet... Share this post Link to post Share on other sites
wolfe10 Report post Posted August 26, 2017 On 8/26/2017 at 8:23 PM, jleamont said: He was quoted in an article not to long ago about how he doesn't like RV people. Any chance you have a link-- would love to read that article. Share this post Link to post Share on other sites
five Report post Posted August 27, 2017 Here's a link from Truth or Fiction.com https://www.truthorfiction.com/camping-world-ceo-doesnt-want-business-trump-supporters/ Share this post Link to post Share on other sites
gulya Report post Posted August 27, 2017 Elkhartjim: that's why we have to vote to allow towables, so Marcus can buy us out, merge us with Good Sam and we can all become happy campers in the "The Good Fam Club". Share this post Link to post Share on other sites
BillAdams Report post Posted August 27, 2017 On 8/26/2017 at 9:17 PM, wolfe10 said: Any chance you have a link-- would love to read that article. Actually he said he hated motorhomes. Good Sam Club CEO: “I hate motorhomes.” October 7, 2016 Chuck Woodbury (Friday, Oct. 7, 2016) — Good Sam Club and Camping World CEO and Chairman Marcus Lemonis, on the day of Camping World’s IPO and its first day of trading, told CNBC he “hates motorhomes.” “We don’t like motorhomes because they don’t turn as fast, they’re not high margin,” he said on Friday when talking about the future of Camping World. “We sell them, but they are not big for us. It’s really about selling warranties, insurance, roadside assistance, service, parts.” Lemonis told CNBC that about 3.3 million RVers of an estimated 9 million in the United States, “have given us money in the last 24 months.” With 11.4 million shares, Camping World’s initial public offering Friday raised $251 million. It’s trading on the New York Stock exchange as CWH. Share this post Link to post Share on other sites
manholt Report post Posted August 27, 2017 My Hummingbird brain, tells me that Marcus has no wish to acquire FMCA! Why would he? Not because of Insurance or roadside assist, etc. there are a lot of FMCA members who already pay for that via GS! Most of us, me included are life members of GS. ML today, is indirectly worth about 2.5 Billion. CW went public, but the majority of that stock is owned by a holding company, that is owned by Marcus L. My personal feelings for ML as a business man, is that he's very good at what he does....I just don't like the way he does it. He's taken a lot of small businesses and group them together under his umbrella company, by helping them from bankruptcy, he takes 50.1% because he has the cash flow. The original owners, have in affect lost their business forever. Share this post Link to post Share on other sites
wayne77590 Report post Posted August 27, 2017 Eventually he will be just another name, like Walmart. Share this post Link to post Share on other sites
BillAdams Report post Posted August 27, 2017 If he is going to be the next Wal-Mart I need to buy stock now. The early investors in Wal-Mart became mega Millionaires! Share this post Link to post Share on other sites
manholt Report post Posted August 27, 2017 Bill A. There was a little company in Santa Monica, CA. that I worked for part time in my Senior year in High School, they made circuit boards. Name was Radar Relay. While there, they was going public and any worker could buy in lot's, counting the Secretary there was 7 of us. I was 16 at the time and my father would not allow me to invest, it was pre public, 1,500 shares at $4,000. They went Public under the name off Teledyne and split 2 for 1, 29 times in the first 18 months...the Secretary had bought 4,500 shares and 3 years later was CEO of both Teledyne and Rockedyn! Because of that, I bought 5,000 shares off Wall Mart 23 years ago and the same for Facebook and Alibaba when they went public. Don't have Wall Mart anymore. No, I have no CW stock and don't want any! Share this post Link to post Share on other sites
BillAdams Report post Posted August 27, 2017 You buy or don't buy stocks based upon the belief that the company will or will not be profitable. If you buy, or fail to buy, based upon emotions you are bound to fail as an investor. Just the facts, please! Share this post Link to post Share on other sites
wayne77590 Report post Posted August 28, 2017 My wife buys beef broth stock and mostly chicken broth stock I must say she was a good investment because she turned out to be a good cook...who would a thunk. Share this post Link to post Share on other sites
jleamont Report post Posted August 28, 2017 On 8/28/2017 at 1:48 AM, wayne77590 said: My wife buys beef broth stock and mostly chicken broth stock I must say she was a good investment because she turned out to be a good cook...who would a thunk. Share this post Link to post Share on other sites
