You are wrong.The chances of a run to $6 are much greater than to a sub $5 decline. Too many positive catalysts out there for luby's to turn the shares lower.
I guess I got a little crazy with my last post. I was overreacting and getting way too dramatic over things. That's what happens when you get too emotional about a stock. The good news is, usually when I am at the end of my rope, it represents an important turning point for the shares. Translation: we are probably at bottom.
Shareholder's have seen the value of their shares drop 36% so far in 2014, yet top management ( CEO,CFO and COO) gives themselves a raise. Will the insanity ever stop?
Do you have to be so mean? Do you get pleasure cutting someone else down, to make yourself feel better? That is a classic sign of low self esteem. Why not build other's up, instead of tearing them down? Calling someone stupid, is not something the upper crest usually does-they stay dignified. In conclusion, by elevating others, one elevates themselves.
Old news. this has been out since last May. Besides the regulator components were manufactured by GFI Controls and DiaCom, so they will be the ones responsible for the bulk of the costs associated with the recall.
AZO does not offer service. They have no service bays. They also do not sell tires or own any of their own real estate. Not sure if it is a fair comparison. One thing for sure, if you are short this sucker, all the low hanging fruit has already been stripped from the trees. At this juncture, there is more upside potential than downside risk.
These guys wouldn't buyback their own shares even if their cash holdings, exceeded their market cap. They are currently holding $5 cash per share. I remember 12 years ago when AAPL had $19 in cash per share, yet it was selling at $17 per share. The company was essentially for sale, for free!
I am surprised that the stock came roaring back from its lows. I guess it was due to the tone of the CC. It was fairly optimistic for once, eluding to the prospects of a nicely improved 2015. About time. They also mentioned that operations in Venezuela will start up next month.
LUB looks sick and tired today. Maybe we need a capitulation to occur to clear out all the weak hands. A drop down to $4 would create enough panic to accomplish this. The sooner, the weak hands exit, the faster the shares will return to more normalized levels. A drop down to $4, might even prompt management to buy more shares, something the CEO has failed to do in 19 months.
get a fresh management team in there- the existing team has languished. The turnaround is not suppose to pick up momentum till the end of 2015/beginning of 2016---who the hell can wait that long!
Becker Drapkin Management thinks it's a big chunk of cheddar. They just filed a 13d with the SEC disclosing they have acquired a 6.4% stake in the company.
English is their second language (the CEO and the CFO), so of course they are going to be unclear and difficult to understand on the CC. It will likely be another disaster. Why should it be any different this time?
I can't believe how dead wrong I have been about this stock- being stubborn, sure can be hazardous to your health. Big sigh!
it sounds like we might have to wait until 2016 before this company's fortunes actually begin to improve. Frankly, that is just way too long to wait. Who has the patience for that anyways? Is it time to sell this dog?
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!