Originally Posted by 340Cuda
"The Coughlin Family, which has successfully guided the Company's expansion across three generations, said, "After more than sixty years in business, our family was very focused on identifying a growth partner who shares our values and has a clear vision for the future of JEGS. We've found that partner in Greenbriar, and we look forward to remaining significant shareholders alongside them."

I don't think there is anything to worry about.


Yep sure, there is a laundry list of companies that have gone down this path and are no longer. Just to name a few Toys R Us, Kmart, Sears, Service Merchandise, Children's Palace, etc. These hedge funds thought they could do it to Gamestop and AMC too. If you're unfamiliar with their tactics you should read up on short selling.

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