Is today's horrible hate selling the start of something even worse? Why the implosion? Could we fall through the $8 level? I wonder if it is time to try and catch a falling knife or if staying on the sidelines is more logical? In any event, One day the stock will bounce back, but that event could take years. Maybe if you can't beat em, join em. The opening of a short position is looking awfully tempting right about now. We will see, but at $5 a share, you probably can't go wrong as a buyer.
If management is successful in its new strategy of less commodity trading/bulk bean sales and more private brand sales, and keep costs in check in the process, the stock could stabilize and even trend higher. Who knows, we could even get to $5, if things really start to mesh.
There is a decent possibility the shares could close out the year with 20% appreciation and the recapturing of the $6 milestone mark. Stranger things have happened.
I'm afraid we won't get any meaty news until next month's earnings release. Until then, it will be slim pickens. These guys are in no hurry to show all their cards. It is simply a waiting game at this point. One day we will be well rewarded. patience is a virtue.
The latest Seeking Alpha article speculates that if Gamco is successful in getting all five board seats, it might put the company up for sale
looks like they want to get their executives rewarded, when the company changes hands-sort of a "golden parachute" if you will. The sale is imminent. Could go as high as $16
not another SYMN at all. FSYS is a company with a ton of cash and no debt, SYNM was just the opposite -it held a ton of debt, but no cash. This is not an apples to apples comparison, more like a plankton to a whale.
this is the news I thought shareholder's had been waiting for many years, yet the stock price isn't even up a penny. Insanity prevails! They basically admitted they are going to put the company up for sale!
CEO is retiring and FSYS hires JP Morgan to possibly sell the company. You know this had to have something to do with activist investor Becker Drapkin and possibly Kevin Douglas too.
they might get all five seats, which could be a big deal. The fact is, the current BOD doesn't have the best track record for enhancing shareholder value-maybe some new blood wouldn't be so bad. If you don't perform there are consequences-just ask Gordon Gekko
Recently,the stock has become more boring to watch than grass grow. This leads me to believe something really big is about to happen. Patience will be well rewarded. M&A activity is right around the corner.