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10-22-2018, 03:54 PM
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#1
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Site Team
Join Date: Oct 2014
Location: North Georgia
Posts: 2,956
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Camping World Class Action Suit By Investors
Camping World is being sued by its investors for the losses they have suffered. The suit alleges "during the Class Period, defendants made false and misleading statements and/or failed to disclose adverse information regarding Camping World’s business, operations and financial condition."
See Here for the article in RV Business.
It is amazing how in this "up" stock market, and a RV boom, CW has managed to drop from $47.19 a share to $21.21 as of this afternoon.  Karma perhaps... 
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Wayne
2024 Sunseeker 2150SLEF / Ford E-350 Off-line 15 April 2024.
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10-22-2018, 04:01 PM
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#2
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Senior Member
Join Date: Sep 2016
Location: Port Richey Florida
Posts: 640
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Hopefully CW is getting some KARMA. Mabee a witches curse too.
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10-22-2018, 04:07 PM
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#3
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Gold Tee Box
Join Date: Nov 2016
Location: Rolla, MO
Posts: 563
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Well, they got a little political...and there are some dealerships which have bad reputations.
I hope for the overall RV business they get it together.
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Success is hiring someone to mow your lawn so you can play golf for exercise.
2018 GMC 2500 Duramax Denali
2018 Coachman Freedom Express 287BHDS
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10-22-2018, 04:29 PM
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#4
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Trailer Park Supervisor
Join Date: Sep 2018
Location: Northern NJ
Posts: 8,622
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Quote:
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Well, they got a little political...
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The musicians need to shut up and sing, actors need to to what they do best, ACT, and businesses need to sell their crap and stop trying to force their viewpoints on others. Sick of people using their position to further whatever agenda they have. If that's what contributed to their fall in the market, good.
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2019 Rockwood Geo Pro G19FD w/off road package
2015 Ford F150 XLT Super Cab 4x4 V8
Yes, I drink the water!
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10-22-2018, 08:34 PM
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#5
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Senior Member
Join Date: May 2015
Posts: 1,397
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I watched CEO Lemonis testify in an unrelated deposition. What an a-hole. He came across as totally clueless about his companies' business. I think it was an act.
__________________
--2005 F350 Superduty Crewcab, 6.0, 4wd, short bed, 3.73 gears;
--2016 Montana 3711FL, 40'
--2014 Wildcat 327CK, 38' SOLD
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10-22-2018, 10:19 PM
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#6
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Senior Member
Join Date: Aug 2015
Posts: 820
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Wow! I did not know. I don't wish bad on anyone but I did drop doing business with them entirely.
It still blows my mind how many CEOs and corporations think they're gaining ground by jumping into social issues. In today's day and age, if you take a side, you just ticked off half the country.
Good to see the market still has power.
Thanks for sharing.
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10-22-2018, 10:43 PM
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#7
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Senior Member
Join Date: Jun 2012
Location: Southern NM
Posts: 9,562
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I don't believe people buying or not buying products has much to do with current CWH stock prices. Seems tariff concerns are a much bigger player. CWH's high revenue more than makes up for the stock drop.
Every stock analyst I follow says to buy all the CWH stock you can before it jumps back up.
I always have a few bucks for a pretty sure thing . I could care less about any companies perceived political leanings when I like the product.
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Scott and Liz - Southern NM
2012 Wildcat Sterling 32RL - w/level up (best option ever)
2007 Chevy 2500HD Duramax
Reese Fifth Airborne Sidewinder
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10-23-2018, 08:19 AM
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#8
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Site Team
Join Date: Oct 2014
Location: North Georgia
Posts: 2,956
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In case anyone here is unaware of it Camping Worlds largest share holder currently is their CEO Lemonis. He holds a large amount of their stock personally and through Crestview LLC an investment firm. Google "CWH shareholders" for more info if you are interested in the details.
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Wayne
2024 Sunseeker 2150SLEF / Ford E-350 Off-line 15 April 2024.
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10-23-2018, 05:13 PM
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#9
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Senior Member
Join Date: Oct 2016
Posts: 182
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Empty Talking Heads
Quote:
Originally Posted by KFX450RXC
Wow! I did not know. I don't wish bad on anyone but I did drop doing business with them entirely.
It still blows my mind how many CEOs and corporations think they're gaining ground by jumping into social issues. In today's day and age, if you take a side, you just ticked off half the country.
Good to see the market still has power.
Thanks for sharing. |
I believe most of the problems...not only with CW...result from the person at or near the top thinking they are so important that their opinion on anything is valuable!
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10-23-2018, 06:01 PM
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#10
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Senior Member
Join Date: Jun 2016
Location: Mid Michigan
Posts: 1,098
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So if CW is going down so is Good Sams Club. Stopped buying from CW and dropped GSC some time ago.
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10-23-2018, 06:04 PM
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#11
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Senior Member
Join Date: May 2017
Posts: 387
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This thread will be closed very soon!
General discussions of politics, general government policies, weaponry, gun rights and religion are not allowed in ANY areas of the forum. Discussions about current or pending legislation or regulations, weapons and religion that directly pertain to RVing are acceptable but will be closed or removed if they wander off topic or become disruptive.
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10-23-2018, 06:15 PM
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#12
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Georgia Rally Coordinator
Join Date: Jun 2015
Location: GA
Posts: 24,482
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Glad to see there slide. All they where interested in is the big buck and not for the consumer. Hope they go under.  Later RJD
__________________
2020 Shasta Phoenix SPF 27RKSS (sold)
2018 Dodge Ram 2500 6.4 3:73 gearing.(sold) (sold) 2015 Chevy 2500 6.0, 4:10
Traded 2015 30WRLIKS V-Lite
Days camped 2019 62
Days camped 2020 49 days camped 2021-74 2022-40 days 2023 5 days
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10-23-2018, 06:55 PM
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#13
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Denver To Yuma In 90 Days
Join Date: Mar 2018
Location: Yuma, Arizona
Posts: 3,882
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I hope that they don't go under...
I hope they straighten up!
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10-23-2018, 07:40 PM
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#14
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Site Team
Join Date: Nov 2010
Location: Northeast Louisiana
Posts: 33,952
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Quote:
Originally Posted by Roberte52
This thread will be closed very soon!
General discussions of politics, general government policies, weaponry, gun rights and religion are not allowed in ANY areas of the forum. Discussions about current or pending legislation or regulations, weapons and religion that directly pertain to RVing are acceptable but will be closed or removed if they wander off topic or become disruptive.
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Thanks Roberte52 for trying, but this thread is going to be closed.
We had the following as a sticky in the admin section awhile back, pertaining to political posts and/or camping world. We had thought it had all faded away, but evidently not, so it's being made a sticky again.
http://www.forestriverforums.com/for...ts-111062.html
There's many other topics in our friendly forums, where hopefully our members will try to help one another.
__________________
 2011 Flagstaff 831 RLBSS
A 72 hour hold in a psych unit is beginning to intrigue me as a potential vacation opportunity.
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