Investopedia claims it is among the top four coffee companies. Pretty impressive, considering it was mentioned along with SBUX and DNKN. The article also indicated the company could be acquired.
shares have risen almost 40% from its low of $3.81! The exchange ratio of WPRT shares for FSYS is now 2.129- look for WPRT to sweeten the ratio to 2.50 in order to get the FSYS shareholder's incentive enough to vote "yes", on the acquisition proposal.
I seriously doubt it, but anything is possible. Chances are higher that it will rally, than fall.
The share's are getting absolutely hammered today. Panic and fear is prevalent. You know what they say, Be greedy when others are fearful. Buy the dip, it is obvious Corporate is exploiting the crash- they get more bang for their buck in their $3 million stock buyback authorization when the shares fall. e are only six cents form making a new 52 week low. Need a capitualtion
The writing is on the wall. CLNE will make a play for FSYS. it has the resources to pull off a more favorable deal for FSYS shareholders and the influence of T Boone Pickens
Watch CLNE come in at the last minute and rescue FSYS from WPRT. it makes sense as CLNE's market cap is twice that of WPRT and a swapping of shares could easily be arranged. Besides, FSYS is cash heavy with $70 million on its books, and is void of debt. CLNE could quickly pick up $325 million on the top line and $20 m EBITDA. T Boone Pickens has the resources to make this happen. WPRT is capturing all $70 million of FSYS's cash for free-it is merely swapping 2.19 shares of its stock for each FSYS share.
in that case they would care. they would want it to drop as far as possible, so they could pick it up on the cheap.
the stock price is the very last thing on their minds. They likely care more about the baboon in Africa than how much a share of Luby's costs-they get their salary either way.
Not sure why management is being doled out over $300,000 in cash bonuses, yet shareholders are not even getting crumbs. The fact is, the company didn't even perform that well this year, yet the elite at the top are eating steak and lobster, while the rest of us go hungry. The shares are at a five year low, and management is being rewarded? What's wrong with this picture? where is the justice and fairness?