Becker just raised its holdings by an additional 13.4% from 7.85% to 8.9%. Once it is done buying shares, it will reveal its plan with FSYS management to correct the share's extreme undervalued situation. That's when they will finally begin promoting and pumping the shares.
Might make a great short. The company could go chapter 11, and then you would never have to close out your position by buying to cover.. At a zero share price, there would be no need to cover.
garbage in, garbage out. if you can't beat em, short em! a zero share price is a distinct possibility and the good news is short seller's need never buy to cover.
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?
The stock could drop another 50% before the company begins to improve operations. Why not be on the side of the trend ( be short) and make money as the stock continues to fall. They will likely blow through all their cash and then go deep into debt before the red ink finally stops. This one has all the signs of a "sure thing" short opportunity.
A vile, toxic stock. Plan and simple. Time to move on, or to even short. You have to be able to cut your losses, before you lose everything. Live to fight another day. This company is toast.
They probably won't sell, because management enjoys the status quo- the perks, the power and the salaries would all go away if that occurred. Shareholder's are destined for more agony, disappointment and losses. It is just the way it is. Arguing with the market will just bring on more pain. and despair. I guess I have become jaded and cynical.
my last $5 stock rec'd the same premium when it was acquired. Besides, the $8 area represents the higher end of luby's trading range the past few years.
they said in their CC that they are actively searching for more opportunity in their space. it is logical because the alternative energy sector is real depressed right now and FSYS has a boatload of cash it is itching to spend, so it does not have to give it to its stockholder's.
These guys are hell bent on acquiring another company, but shouldn't they try and get their own a mess fixed before taking on someone else's troubles? Why not cut expenses to the bone and pay out some of their significant cash hoard to shareholder's?
The company announces pay hikes for its top three officers. They wouldn't be able to justify this, unless they had some positive news up their sleeves, to ultimately share.
two really big things this stock has going for it: its cash hoard and Becker Drapkin! The stock looks like it is just about to go in the green despite a horrific market today.