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Famous Dave's of America Inc. Message Board

  • spaldo44 spaldo44 Oct 11, 2012 12:45 PM Flag

    Shake Up

    Company performance has been disappointing. Slow growth. Debt on the rise. Company seems to have been buying back stock at over inflated prices. I have this thing worth about 6.00 per share. New CEO might have some great ideas for growth. Otherwise it's just one more dude who's getting loaded up with free shares.

    Sentiment: Sell

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    • A lot of truth in your comments. The debt is the biggest issue I have. I can live with all the other stuff...the fake buyback to hide the free shares given out, and the slow growth is going to continue for everyone in this economy for a while. With too much debt panicky banks can pull the carpet out from under them if the economy tanks more. You would think they would remember 2009.
      Oh well, will wait to see the new 10q to see if they pay it down.
      Beavis

 
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