are you kidding? nobody uses pencils anymore, besides are you smarter than Becker Drapkin? They plowed $20 million into the stock-obviously they didn't get where they are today, doing stupid things.
Sorry you feel the need to attack. The more you honor others, the more you honor yourself. Name calling is not an attribute of a gentleman.
I will have to give management credit for their decision to add the new brake operations to their ensemble. Pure genius. A great way to produce incremental revenue without the cost of a new facility.
A flattering SA article about FSYS was just released.
I still believe management would love to take this private, but just at the right price. I am sure if it fell to the low $5's or so, they could easily arrange the financing to obtain the shares they don't already own at a marginal premium. Why not buy em cheap? In a few years they can sell them for significantly more in an IPO, and consequently make a small fortune in the process. It is the art of buying low and selling high in its purest form.
It makes complete sense that the Pappas's will want to eventually take luby's private so they can avoid public disclosure and dealing with pesky shareholder's. They could also integrate it very nicely along with their Pappas Restaurant Group and eliminate duplicate organizations in the process-this would create huge cost savings.If the shares fell down to $4, they might be able to offer a 25% premium and obtain all the shares they already don't own. The reality is, they seek a low share price to make this happen.
Will FSYS fly today? It just might, because so much of its business is tied to Europe.Besides, it will be difficult for management to totally snub Decker Drapkin's advancements. FSYS will likely have to show them some concessions.
LUB is in the process of shining up their Fuddruckers brand so they can get top dollar for it when they sell it. It will likely bring $125 million, which represents more than 80% of Luby's current market cap.
back south of $10 again. This one sure knows how to dish out torture-just when you start to get comfortable again about it, it promptly sells off. Disaster stock for sure
you might be right, but will probably be bummed out big time, if they end up getting bought out for a substantial premium.it could easily happen.
you'd hate to get out at $6 and then have to watch it quickly advance to $9
I think he dumped all his NFLX. I followed Icahn into TLM and that stock put me into the poor house! Icahn is not always right.
Don't overlook the possibility of a quick ride back up to $6! The stock quickly did it before, so it can do it again.
remember, management gets their pay and perks regardless of what the stock price does. That's why they don't care about it. In fact, a takeover is probably the last thing they would want, because then they would lose their jobs. They want to keep the stock and the company under the radar for as long as they can. At the rate FSYS is progressing, it could take another ten years or so, for anything of material to transpire. This is the definition of truly dead money.
this sucker needs to get above the $6 area to really take off. That area represents where the 200 day moving average line currently rests. today, the shares are showing high relative strength as most fills are printing at the ask rather than the bid, meaning the buyers are making the concessions.