Fourth Quarter results out after the bell. Will we see a pop in the share price? History say's no, but gut feeling say's yes. We are just way past due, for some good news. Stranger things have happened.
The latest 8k filing stipulates that directors can be elected outside the bylaws of the company. why would they do that unless they expect a change of control. The latest Seeking Alpha article related to Luby's (dated October 25th) stresses that a management buyout, could be in process.
how many times have you heard of a CEO surrendering "in the money" options for zero compensation?..The premium offered won't get us rich ( 15-20%) but should get many of us whole again.
Yesterday's form 4 filing is an obvious clue that a form of M&A action could be in progress.
Why else would the CEO surrender stock options that are "in the money"? That is like throwing money down the drain. Something is brewing.
the stock experienced a nice little reversal just a few minutes ago on gargantuan volume. I wonder who the big buyer was?
nope! Liolios is still in, just acting in a different capacity. Not communicating directly to shareholder's.
those beta readings can be way off, on thinly traded stocks. The other day when the Dow dropped 300 points, this sucker rose 4%
one thing for sure, this stock usually trades opposite to the market. Why is the CEO buying? does he know something the rest of us don't?
The stock looks like it might just be testing its 52 week low of $4.36 again ( that also qualifies as its five year low too). The panic, fear and carnage seems to be relentless on this equity. Will it ever bounce back? I am beginning to have my doubts. One consolation- at least management is buying shares, that provides some confidence to Mr. Market.