I think you should change your name to JONAH! You know the guy eaten by the whale? Then yucked up on shore? You know, the guy who was bad luck?
Sentiment: Strong Buy
please define " #$%$ load"
a. 1000-10,000 shares
b. 10,000-50,000 shares
c. 50,000 -150,000 shares
d. over 150,000 shares.
oh yeah, and what difference does it make here on the board. Do we believe your crystal ball more than The DOGwithTicks&Flees's or not?
I don't think JosuahUpTheTree's ideas are crazy at all. I also don't think this will do it's big run up to over $13 until we get another quarter of higher than normal earnings. Until then it surely has the potential to trickle down as soon as the bigger buyers (who are here this week) had their fill. I have some sell orders in the upper 11's just to get some cash for college tuition and a car or two for the kids, but will buy back like JT says in the LOW 10's.
I did sell 1500 shares at $8.80 on Thurs an hour before the earnings. oops.
jos... I don't think that you need to wait another month to get Q2 report, as they should now know how to close the books on a quarter and file 10-Q (given the learning curve on accounting for the deferred tax asset). The report could come any day now. Q2 could be another earnings beat, and this event could super-charge the stock. TA still has a relatively low P/E.
"Soon" is a relative term. Some traders will interpret that to be a time for reducing risk exposure. I'll take the contrarian view. Although I believe there is a healthy short term correction on the horizon, I would be increasing my risk asset purchases at this time (primarily equities).
No clue where TA goes in the short term. It night very well back fill to the mid-10's on profit taking, but that would be a huge buying opportunity IMO.
Bottom line. Market goes higher and TA eventually follows.
Plenty of time to sink back into the mid 10's or less.... My guess... markets in general will give up some gains soon and take TA down with it.
Insiders buying? Where do these people come up with these thoughts? Do they think before they spew in the forum.
People. Please think for 30 seconds before you post.
An insider would have done his buying before Thursday 4pm. DUH!
Now think about that. Pretend you have inside information. Now when do you think is a good time to buy? Before the public announcement or after the announcement and the price went up?
Sheesh. Poor JosuaWholivesinaTree. He get a break from the DogWhoHasTicks&Fleas, (who is now away spending some $$$ eating out at his local TA with all his 9.5 shares he owns) and now has to put up with just plain lunacy. I feel for you JT.
It always dips back as I believe the last $0.75 might just be the shorts covering, and when the panic is gone, they sell.
That's probably what the initial run-up on Friday was. I'm hoping today was new long positions by institutions. The volume naturally heavy wasn't enough to warrant a whole dollar advance. So I'm thinking this might be a real solid uptick that still has legs. If so we don't know where the ceiling is. But I do agree it will trickle down a dollar from that point.
I will start selling some in the upper 11's and keep on as it climbs. Will buy in the low 10's.
Answer to your question is, it was worth $11.53 at 4:00pm. No more, no less.
About the volume. This is normal and typical for the week after earnings are reported. No one is taking over anything.
Any other question?
It is about time that TravelCenters of Americal is over $11 per share.
The fundamentals for TravelCenters today are better than they were when the stock was at $30 per share. TA has a long ways upward to go upward -- it is still very close to bottom. Enjoy!
Sentiment: Strong Buy
TA has very good Q1 result not from fuel sale but from non fuel sale...Is it the different is from the acquisition of 31 Mini Mart ? 45Mil sale different created 20Mil gross profit...thing that to look deeper to see better.
I have been following this company for several years and have a good amount of stock with an average purchase price of around $5. Management has been very positive during the past two conference calls. Justly so since the release of Q1 earnings are quite positive and much better than anyone expected. Typically TA has a sizable loss in Q4 and Q1. Going forward, if TA can maintain breakeven or better in these quarters I would expect similar better-than expected results for Q2 and Q3. My guess is they are averaging about 40-50 million in profits right now on a yearly basis. Based on 37.6 million shares this gives them an EPS of $1.06 to $1.33. This should continue to increase as they are growing at a good pace. I don’t think they have earned the right to trade at a high PE ratio yet but 10 to 12 seems reasonable. This could result in a trading range of $10.60 to $16.