"Some of these guys... hype whatever the current product, idea, concept or whatever flavor of the day people want to hear. Investors get excited about the “current,” but never realize what complete business failures the guys actually are."
I dare say 14 years is long enough to determine Calvert is a complete business failure.
Blindly glancing past 14 consecutive years of massive losses maybe ?
Saw a great quite today.
"I like to short complete pieces of garbage with fraudulent management & horrifically bad balance sheets.”
- Marc Cohodes
Some might say BLGO has fraudulent mgmt. and I might not disagree. But I didn't say that.
I will say they have had a horrifically bad balance sheet for over 14 years now.
But I don't short, let alone 33 cent stocks.
04/29/2016 P 2,100 A $ 10.6412 =2,100
Looks like his first buy in FSP shares.
Eriel Anchondo, age 38, is the Senior Vice President/Operations of the Company since January 5, 2015.
A coincidence or evidence of criminal behavior ?
Full of sound & fury, signifying NOTHING.
Think back about their cat litter additive. No material revenues and they aren't even marketing it anymore.
But they were pumping the crap out of it a few years ago.
LEARN from the past.
14 year history of garbage PRs resulting in a 14 year history of continued losses.
But the executives live high on the hog on the shareholders dime.
Not sure why the stock is down.
I just don't see the notes as materially less risky than the stock.
I guess if they had to stop the stock dividend for a few months because of a bad loan, the notes would hold up better than the stock. But if we thought the dividend was in danger, we wouldn't own the shares.
Do the notes have a symbol ?
Millers money has been tied up for years with little to show for it.
If the transformation did take place, they could take it public again or just sit back & collect the profits.
Are we forgetting the entire reason for these stores has pretty much been wiped away ? When we remember that, their SSS trends are pretty good.
Hey, I like your way better, I just think we might be better off in the near term if they do try to steal the company from us.
Both the message board tout and the online touts.
I expect some Wells notices to be coming.
Ignore the fact that your CEO has led you to 14 straight years of massive losses while sucking out $200k+ per year.
Yes, he takes part of his salary in shares. Big deal. He took $200k+ in cash last year.
All in exchange for losing massive amounts of money every year for 14 straight years.
Must be nice to have no accountability.
The insiders seem more optimistic than our message board critic.
They seem more than comfortable with the dividend.
Will I be able to Dividend reinvest on tendered shares or what ?
Feurer would get replacement incentives Im sure.
Both Miller and Higgins benefit if they can buy out the remaining 15% on the cheap and below book value and are then able to reduce costs by no longer being public.
The ONLY ambiguities are those who fail to read or understand simple English.
Anyone can get the distribution by buying before the ex-date, which has not been determined yet.
Who owned the stock months ago is not relevant. Everyone who owns the stock will get the distribution except Sartini and those connected to him.
The stock has been going up, in part, because the $1.72 will be paid to shareholders soon. Even those that cant understand English.
A one time distribution is not a dividend and it doesn't yield anything. If they pay out $1.72, the stock will drop $1.72 and your cost basis will too.