Opportunity?

[OPI]

Owner got cold feet. Not as adept at running a business as ol daddio was

[Pool pilot]

3 hours ago, OPI said:

Owner got cold feet. Not as adept at running a business as ol daddio was

I believe this is a matter of perspective. 

With all the new Regulations coming along with the rate cutting companies out there it could be the smart move to close the doors and retire from the short fire seasons everyone is fighting for.

And as for the crew turn over there has never been much loyalty in this industry. 

It will be interesting to see where the industry is in the next couple of years with the new Regulations. My bet Remote will not be the last to walk away.

The saying "enough is enough" comes to mind.

 

[CM119]

Ya I heard rumours too, I hope they’re just that.  Very unfortunate if true but this is the time of year things do shut down, the fourth quarter.  

[just looking]

If you're going to shut down no better time then in theFall. Probably still money in the Bank account. There is neve money in the account in April.

[CM119]

17 hours ago, Pool pilot said:

I believe this is a matter of perspective. 

With all the new Regulations coming along with the rate cutting companies out there it could be the smart move to close the doors and retire from the short fire seasons everyone is fighting for.

And as for the crew turn over there has never been much loyalty in this industry. 

It will be interesting to see where the industry is in the next couple of years with the new Regulations. My bet Remote will not be the last to walk away.

The saying "enough is enough" comes to mind.

 

I think you’re right unfortunately, they won’t be the last.  The market is the worst I’ve seen it (even worse than the early ‘80s)

[CM119]

On 12/9/2022 at 8:53 AM, just looking said:

If you're going to shut down no better time then in theFall. Probably still money in the Bank account. There is neve money in the account in April.

In simplified terms that is correct.  It gives companies their early Newyear timeframe to wrap up the fourth quarter properly.