you'd hate to get out at $6 and then have to watch it quickly advance to $9
I think he dumped all his NFLX. I followed Icahn into TLM and that stock put me into the poor house! Icahn is not always right.
Don't overlook the possibility of a quick ride back up to $6! The stock quickly did it before, so it can do it again.
remember, management gets their pay and perks regardless of what the stock price does. That's why they don't care about it. In fact, a takeover is probably the last thing they would want, because then they would lose their jobs. They want to keep the stock and the company under the radar for as long as they can. At the rate FSYS is progressing, it could take another ten years or so, for anything of material to transpire. This is the definition of truly dead money.
this sucker needs to get above the $6 area to really take off. That area represents where the 200 day moving average line currently rests. today, the shares are showing high relative strength as most fills are printing at the ask rather than the bid, meaning the buyers are making the concessions.
this extremely unloved/under covered company is gradually creeping up. it appears to be under accumulation as it has been making a series of higher lows and higher highs. A trip north of its 100 day MVA is just a few upticks away.
These guys (Becker Drapkin) must of liked the earnings, as they acquired 29,240 shares on the day of the earnings release, and then purchased shares on 14 separate days after that event.
yep, if QQQ saw a 10% correction, that would translate into a 50% drop to FSYS. FSYS is simply a disgusting ,vile, and toxic stock that really has no place in anyone's portfolio except in a short account. I hate to be so negative, but look at is dismal track record. At this point, there really is no hope.
What is the occasion? They opened two new Fuddruckers today, one in Texas and the other in Virginia. I can't ever remember them opening two Fudd's on the exact same day!
If the stock already exceeds Sidotti's target price of $5, then why doesn't the analyst have a sell rating on the shares? Why have it at neutral, if the stock has already met your target? These analysts are something else! If they actually knew what they were doing, they'd be trading stock next to their pools instead of talking about it. Those who can trade, those who can't analyze!
Watching grass grow is more entertaining than this stock. Will there ever be any action again in it? I am seriously starting to doubt it. The stock price apparently is management's lowest priority.
It looks like luby's is attempting to breath some life into their faltering Fudderrucker's brand. It is about time, but wouldn't a sale of the chain be more logical at this point in time?
the merger prospects of THI and BOBE is helping support the restaurant segment today. Apparently, the market believes there could be much more M & A activity to follow.