Breaking news at PCGS

Discussion in 'Coin Chat' started by okbustchaser, Sep 19, 2018.

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  1. okbustchaser

    okbustchaser Just plain busted Supporter

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  3. AnonymousCoinCollector

    AnonymousCoinCollector Reintroduce silver coins to circulation!

    Best Answer
    I heard he inappropriately touched a coin when he was in middle school.
     
  4. C-B-D

    C-B-D Well-Known Member

    Termination?!? What happened?
     
  5. kSigSteve

    kSigSteve Active Member

    ^ I was wondering the same.

    Thanks for sharing the article and news @okbustchaser
     
  6. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    It's the shirts. I swear it is.
     
  7. Gregg

    Gregg Monster Toning

    #MeToo claims another victim.
     
    alk1129 and EyeAppealingCoins like this.
  8. LakeEffect

    LakeEffect Average Circulated

    CLCT share price is down 50% since January - that's never good when you're CEO.
     
  9. C-B-D

    C-B-D Well-Known Member

    That's likely the answer, I'd say.
     
    coinsareus10 likes this.
  10. Santinidollar

    Santinidollar Supporter! Supporter

    Live by the market, die by the market. I really never saw them as a public company.
     
    green18, Paul M. and Dynoking like this.
  11. C-B-D

    C-B-D Well-Known Member

    I know this is a joke, but if you have a daughter, well.... all that can have a very different meaning.
     
    Bambam8778, Kentucky, Paul_62 and 3 others like this.
  12. paddyman98

    paddyman98 Let me burst your bubble! Supporter

    What does the article have to do with PCGS?

    Never mind. I went to their homepage and figured it out :wacky:
     
  13. Santinidollar

    Santinidollar Supporter! Supporter

    They cut their dividend by half in February, which is never a good thing for a stock price. It’s still paying 4.75 percent, not shoddy, but I can’t find anything about how much cash flow is being used to cover the dividend.
     
  14. LakeEffect

    LakeEffect Average Circulated

    Correction, he was COO, not CEO, so it was probably the shirts.
     
  15. AnonymousCoinCollector

    AnonymousCoinCollector Reintroduce silver coins to circulation!

    Best Answer
    I heard he inappropriately touched a coin when he was in middle school.
     
  16. messydesk

    messydesk Well-Known Member

    Reason not given, but it was the decision of the board that I assume has been in the works for a while. Probably an irreconcilable fundamental difference in opinion with respect to the direction of the company.
     
    C-B-D likes this.
  17. Rick Stachowski

    Rick Stachowski Well-Known Member

    Someone had to take it, for the team .......
     
    C-B-D likes this.
  18. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Like they wanted it to go up, and it’s going down? Figured it was that.
     
    LakeEffect and C-B-D like this.
  19. brg5658

    brg5658 The Horse Coin Guy

    One man is not responsible for the tanking of CLCT stock in February. That doesn't merit a "termination" notice as terse as the one offered by Collectors Universe. Human Resources and Public Relations folks don't throw around the word "termination" often. It usually means you were given a box to pack your belongings, and escorted off the premises by security.

    There is something more to this story. Time will tell. Just my humble opinion.
     
    Paddy54, Paul M., -jeffB and 3 others like this.
  20. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Numismatists do not DO “humble opinions”. It’s counter to our essential nature.
     
    C-B-D likes this.
  21. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    In the intent of humor, please do not stray into current events outside of numismatics as they trigger a ' top this remark' sequence where some parties may suffer.
     
    Kentucky likes this.
  22. dwhiz

    dwhiz Collector Supporter

    and life goes on.
     
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