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Trans World Entertainment Corporation Message Board

  • smaycs4 smaycs4 Aug 22, 2013 9:51 AM Flag

    SSS down 3.6%, EPS 8 cent loss versus 6 cents last year. $22 million buyback

    I keep hoping for even flat same store sames but it doesnt seem like they will ever get there.

    Looks like they decided to use the rest of the $25 million to potentially buyback shares but thats a bit bothersome because it could mean "sweatheart" deal with a large holder at an infalted but near market price.

    No way they are ever going to buy any significant stock back in the open market.

    But, maybe they can keep a floor under the shares so they dont fall to $4.50 again ?

    Look forward to the call in a few minutes.

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3.87+0.12(+3.21%)Oct 21 3:59 PMEDT