Nicely done Joe Springer! This is the definative piece on TA and should be required reading for all potential investors. Very well written ... very well balanced ... covers negatives and postives. Very accurate. Overall it is the best Seeking Alpha article that I have ever read.
If TA really wants to show the market that they are an independent operator in control of their own destiny, they should appoint a majority of independent directors and uplist to the Nasdaq ... then we will really get this place rocketing. Great article ... thanks Joe! Cheers.
Article did not mention competition: Flying J/Pilot, Loves. It does not tell that TA has stopped all you can eat in their restaraunts--which many drivers became enamored with, which is why they fuel or don't fuel many times. I like TA/Petro...just saying they are getting squeezed on margins--otherwise they wouldn't be cutting driver benefits. Most drivers say Pilot has the best coffee--not TA.
That article was a total pump n dump. I don't have time to get into it now....maybe later tonight or tomorrow. I sold all my shares this morning at $5.70. The swing trade worked wonders again...35% in 5 weeks.
Congrats on your profits! I thought the article seemed well written and balanced but I'm looking forward to your upcoming thoughts. I took some off as well ... it's only prudent ... but, selling "all your shares" seems a bit dramatic with the upcoming notes (that will be sold over days perhaps weeks) ... these underwriters will support the TA markets (all TA markets) ... congrats again