Maybe he wanted to one up Tom JoynerSeems Bill Gardner (of KOOL 94.5 and Andre's brother) has been missing from the Phoenix market for quite a while now. Bill was also a commercial pilot
Beasley’s stock is trading really low. They’re cutting the most expensive thing, employees. He’s not the first talented person on air of off air that Beasley has cut here in Philly or their other markets. I believe this is the third cut they’ve made recently. I was in big pharma when I was involved in a layoff that my company cut 10% of the company.Indescribable stupidity on the part of Beasley. Too expensive to keep an extremely talented and integral part of Philly radio? Give me a f***ing break.
A reverse split like a regular split, is not a "trick". It is an accepted process. And there is no "manipulation" either. Those are, again, accepted business processes and are neither deceptive nor improper.Beasley is losing money. They were at risk to have their stock delisted before they did the reverse split stock trick to manipulate the price.