They are private now so a long term chart of the stock is difficult.
What I did find out is they went private for $44 a share or $6 billion.
On 4/26/96, shares owned by non-affliates were worth $368 million.
Assuming affilates owned 15%, that makes it roughly $431 million.
Lets round up to half a billion.
So it went from half a billion to $6 billion much of it with Rouleau at the helm.
Now, its possibly I did something wrong but if not, the stock was a 12 bagger. And my start date was not even at their low point so it might have doubled or tripled from the low. (Too much work for me to figure out)
If a portfolio manager was involved with Michaels and made many many times their money, it might be a reasonable bet that they are willing to invest with Rouleau again.
No one is questioning that his work at Michael's was impressive. It was. But TUES is not Michael's....and TUES stock has basically tripled, without any evidence of a turnaround whatsoever. In short, the stock is discounting too much of a "guaranteed sure fire winner here." When the more likely scenario is a more modest turnaround, that gets the company, in a few years, back to $1 in EPS.....and a stock price at $12-15....2-3 years from now. Does that make it worth $15 now?? No, that makes it worth $8-10, maybe. Unless they have a "bang up" Christmas THIS year. (If they don't this thing is going to lose half its value....and its likely to sell off significantly, just on the current quarter's results, which, I am confident, will be nothing to write home about.)
This is about cash registers, and little more. But that doesn't get you the money. [lol]