it appears that the shares just filled at $4.57 in pre market. Could this be an error?
Probably just more bad news. Let's face it, these guys have a pretty poor track record. Not sure if they are capable of ever putting up a solid report.
they can't afford to buy JVA. they are way too small. JVA has not even put itself up for sale.
You are really reaching on this one.
The only buyers for JVA are Farmer Brothers, Joh H Bencksiser or GMCR
will this sucker get caught up in tax loss selling near the end of the year? will management attempt to take it private on the weakness? Will its 1st quarter report be another dud? Will Hodges Capital keep buying? Inquiring minds want to know
Today's consolidation in the food sector is a very positive development for BRID-Congratulations Longs!
Since management already owns a big piece of the company, I wouldn't be surprised if they tendered for the balance of the shares, to take it private. In a few years they could cash in big time, by selling those shares in a IPO and a much higher price.
Looks like the Luby's top brass was well rewarded again. Over 200,000 shares via options and grants were doled out today, to the COO, the CFO and six outside directors. This means more dilution! OUCH!
you are right. Whale wisdom already corrected their error. I guess if it had really happened, JVA would be selling at more like $7......to buy that many shares on such a low float stock, would of raised the price considerably.
These guys couldn't turn a profit if their life depended on it. The company is simply too cost bloated and management seems more than happy with the status quo. It might take another decade, before something good happens. In the meantime, don't hold your breath.