What is the source of your suspicion?
If that were the case, it would be a major fraud and the company would be in danger of going out of business, right?
I looked at the volume on a 15-minute bar chart of yesterday's trading and the stock hit bottom in the first such time segment of the day, which ended at 9:45.
The volume at that point was just over 6,000 shares.
Volume for the full day was 195,000 shares.
Yes, there was a seller, but there were plenty of buyers, hence the (please correct me if I get this wrong) bullish "Dragonfly Doji" candle yesterday.
That said, the chart is about to experience a "death cross" of the 50-day and 200-day moving averages. Never a good thing.
It's circulating the inner circle?
This is a joke. You are clueless.
As the old lady in that annoying ad says "That's just not how any of this works"
TGLS -- Technoglass of Bogota, Colombia?
I relied on Bloomberg's summary data.
I do see there is a 10-Q showing about a $200 million annualized revenue run rate.
Still, it says they make "architectural glass."
i.e. windows for buildings.
I don't see any attraction.
I'll admit not to knowing anything more about it.
What is the "Techno" part?
Almost all of the volume came after the opening drop. It was buying almost all day. The candle for today on the daily candlestick chart is a dragonfly doji.
On the call, management is not uncomfortable with FY 2015 revenue in the $460-$480mm range, but it is unclear how much in the way of M&A revenue that includes.
Does anyone know the retailer Joe Fresh?
I was walking down Fifth Avenue earlier this week and passed their retail outlet (it is on the west side of the street, I guess in the 40s).
Anyhow, I did a double-take, as they have a HUGE digital signage wall on the south wall of the store directly next to the all-glass storefront.
It MUST have been a PLNR system, and boy was it eye-catching.
I would say each panel was 2 feet high by three feet wide.
And I think it was three panels high by 5 panels wide.
Anybody that has a chance to go by there should check it out.
I think they have alot of stores...I don't know how many of them have video walls like that.
I'm going to go by it again this week to look again.
A $0.20/share dividend would return about $2 million annually to shareholders, and represent a modest proportion of earnings and cash flow.
Of course, there is the balance sheet to worry about as well as M&A deals to make.
The company has not yet reached its $500 million annual revenue target/goal, inspirational objective.
Thus, I think there will not be a dividend declaration made and we will instead have some discussion tomorrow about how robust the deal flow seems.
Yes, you have good clue.
Hertz will fold like cheap chevy chevette front bumper because you understand so well.
That is why Activist Investors are long.
Gives 5% of the shares of the new company to existing shareholders.
The remainder of the shares will go to current creditors of the company who will not be fully repaid.
There will continue to be existing debt.
It seems to me the stock will soon be worth less than $1 per share. We will have to wait and see, though.
Gaps do not HAVE to be filled, IMHO. They frequently are filled, but
there are area gaps and other kinds of gaps that do not hve taht as a "requirement."
I think this is a common misconception.
I did recently re-read a big chunk of Edwards & Magee 4th Edition, and I read the Gap section.
Can you point to me what the authority is for your contention?
That said, after taking a few days off, I sold a few more shares today.
You have to remember these are dating relationships primarily; occasionally there can be an engagement from some of the "going steady's" but I don't marry stocks if the position size is beyond reason.
And THAT being said, having done virtually all of my selling at or above $3.50-$3.75, that would probably be an attractive level both technically AND fundamentally to reload in a substantial way.
June fiscal year gives them nearly 90 days to file 10-K.
I would guess we'll get the presser scheduling the report and conf call tomorrow for a date second half of next week.