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Old 06-15-2016, 04:24 PM   #11
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Penny stock?

You guys still have the penny??


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Old 06-15-2016, 08:04 PM   #12
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I have to wonder what plans Marcus Lemonis has for Camping World. Last year CW had a profit of $178.5 million and with the stock offering, plan to raise another $220 million. Could he possibly be planning to turn CW into the “Walmart” of the RV sales industry?
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Old 06-15-2016, 08:12 PM   #13
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CW Stock

It may end up being a money maker, but there isn't a chance I'll buy any. Really bad reputation as far back as I can remember.
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Old 06-15-2016, 08:16 PM   #14
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I have to wonder what plans Marcus Lemonis has for Camping World. Last year CW had a profit of $178.5 million and with the stock offering, plan to raise another $220 million. Could he possibly be planning to turn CW into the “Walmart” of the RV sales industry?
When I bought my first trailer back in 2011 the CW salesman said they were the Wal-Mart of the camping industry. He said it with pride.
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Old 06-15-2016, 08:28 PM   #15
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I have to wonder what plans Marcus Lemonis has for Camping World. Last year CW had a profit of $178.5 million and with the stock offering, plan to raise another $220 million. Could he possibly be planning to turn CW into the “Walmart” of the RV sales industry?
Thats still a longshot short of the over 700 million in debt they're sitting on. Add that to the fact that the RV industry is always just an economic slowdown or oil price spike away from sales grinding to a halt, and that stock looks like a recipe for disaster to me. You can be sure Marcus is well protected though. This was all planned out from the beginning. The folks over at RV daily report called it a long time ago.

I would expect "Campers Inn" to eventually go down this same path. Even though it looks like they bought out a dozen dealerships or more, a lot of the origonal owners of those are still involved in the ownership investment group.
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Old 06-15-2016, 08:54 PM   #16
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Maybe a "Board of Directors" will be a good thing for CW. Could not hurt, in my opinion.
Still.......I surely will never buy a RV from them.
I have to agree with Blackhat6mike. Too bad a rep.
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Old 06-16-2016, 07:02 AM   #17
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I would expect "Campers Inn" to eventually go down this same path. Even though it looks like they bought out a dozen dealerships or more, a lot of the origonal owners of those are still involved in the ownership investment group.
No worries about competition here; at least in PA. Formerly Media Camping, seems like nothing good has happened due to the name change.
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Old 06-16-2016, 07:11 AM   #18
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You guys still have the penny??


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YUP. Still churning them out at a cost of 1.7c each. Nickel too....evidently it cost 8c to make one.

Makes ya wonder..
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Old 06-16-2016, 07:35 AM   #20
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Beyond Marcus protecting his own…and in effect cashing-in, it might be of concern from a competition standpoint. As Mr. Havercamp has pointed out, they are 700 million in debt, no doubt largely due to acquisitions, stadium sponsorships etc.By going public, will this give them the additional capital or access to capital necessary to gobble up the rest of the independent dealers?
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