LCAV needs to do a $15-20 million stock buy back. Would show confidence in Company and leave them with approximately $30 million cash. Pretty nice trade, issue 5 million shares @ 8 and buy them back at under 4. :-)
TLC always has adjusted its price to compete with the local markets----and the areas do vary considerably. LCAV has tied its hands with one price nationally. TLC has many centers that are fully booked at higher prices (then TLCs average price--around 2,300) Scoop up extra profit where you can.
Why did LCAV do a secondary offering a year ago? I thought it was to support expansion. Raised $36 million to sit on it and let it become your primary gererator of interest income for earnings while the company fights to lower procedure costs in a easy entry market. Why didn't I see that last June and take my profits then? Live and learn or is it learn and live? By the way, this stock hates summer! Look at the last several.
about big business but at one time I owned a small business. When there was not much revenue coming in I cut employees and expenses.But in no way did I build on more space until the revenues increased. Am I the only one that thinks that way as I said I don't know that much about big business.
July 96: LCAV midrange for the year at $5 July 97: LCAV midrange for the year at $4 July 98: LCAV at a peak around $3.50 July 99: LCAV at a peak around $10
Not that it means anything to today's price, but summers seem to have been pretty good for LCAV. If anything turn of the year seems to historically been the low point. Optimists would point out that if the trend held we would see LCAV peak for the year this summer. I don't think that's going to happen though.