they need to do something to spice up their sales. 1% same store sales growth just isn't going to cut it.
the stock traded over 1.3 million shares. That's by far the highest one day volume it has ever put up, and it all happened in the last 15 minutes of trading. If that's not the hint of an impending takeover, I don't know what is.
shares purchased back wouldn't go to management, they would simply be extracted out of FSYS's outstanding shares and placed in a treasury account. AAPL has a huge buyback in process and all it has done is push up the stock.
The largest owners of LUB ( the Pappas' brothers) are in their seventies. You'd think, they would want to hire an investment banker to shop the company, that way they can monetize their investment. I am thinking the consummation of a sale could result in a nice little premium. It does not hurt to try.
Garden fresh Restaurant Group (souplantation)...these guys are shrewd operators with their 150 privately owned stores. they could easily acquire the LUB brand and it would provide very nice synergy. The operators are so cheap, that they don't even offer cottage cheese on their salad bar. They use saucers ( very tiny plates) for hot food, so there is less wasting of food. The salad plates are also tiny. The food quality is mediocre. These guys look like they are really interested in the bottom line. Buying LUB and Fuddruckers at these very depressed levels looks reasonable.
Nat Gas is taking a big hit today. The cheaper it gets, the better for the alternative energy sector.it is all about the spread between gasoline/diesel and CNG/LNG.
Time to really load up the truck. Betting the farm on this one, is what I am doing. Live by the sword, die by the sword. Either I am going to make a boatload of money, or I am going to strike out swinging for the fences.
The stock is at a ten year low and sells at a little over half of book. With nearly $100 million in cash and no debt, it seems like a real "no brainer" to use some of that cash hoard to buy back shares in the open market. This would accomplish two things: (1) increase eps- less shares to divide earnings by (2) instill confidence to Wall Street that management feels its shares are a compelling value. Why not do this? The timing could not be better.
Now that we have three combos in operation, we will soon find out if these 6 new restaurants begin to move the needle. Hopefully,these guys are on to something and shareholders will finally get some nice relief.
ten years to happen? more like 100 years! Management has already admitted to me that they have had numerous overtures. many food company's would love to own BRID!
This is the first time in over a year that the share price has actually rallied north of its 100 day moving average line. That is technically very constructive,
I don't have an occupation. Now, I simply pick up cans and bottles so I can get "beer money". I lost all my savings being a degenerate stock market gambler. One day, I might parlay my recycling money into a new shopping cart.
Not sure why he'd buy. He already owns 18,000 shares and management typically does not like to bring attention to its stock. They like to maintain a low profile, especially to keep the PE firms and activists away.
When are these shares finally going to cool down? I'd like to add to my position, but I hate chasing stocks. We need a significant pullback. The problem is we keep getting higher highs, and higher lows-not exactly conducive to buying wholesale.
the stock is now firmly above its 50 day MVA, and just a few pennies shy of eclipsing its 100 day MVA. the big one will be, when it pops above its 200 day MVA near the $13.75 mark.