leased Fudd's? Are you referring to non company owned Fudd's that are in the franchisee network?
Once the debt is paid off, the covenants are no longer valid and the restrictions abate-all the more reason for paying the debt off.
What can management do to boost the share price? How about enacting a sale/ lease back strategy at some of the locations and using the proceeds to buy back shares and paying off debt? A few years ago, dissident shareholder Ramius Capital engaged in a proxy fight to do this very same thing, but barely lost out to Management in the end. Perhaps it is time to revisit this subject once again.
the old adage comes to mind..."no risk, no reward"...the higher the risk, the higher the reward. Being too conservative can cause you to miss the big one! That being said, your strategy is still solid.
when something good happens, it will be too late to jump in. The stock could rally a matter of 50% in literally seconds. why buy it after it already went up? You have to own it before the rise to make any real money.
the shares have nearly gave back nearly 50% of their most recent move higher. Usually, that is about the maximum a stock gives back, via a normal profit taking correction. Translation: time to buy, as the selling has pretty much exhausted itself. The froth has been stripped off the top.
if you think I'm the worst, then obviously you have not been exposed to many. I run on the average side at best. Besides, I don't flip for pennies, but dimes.
hope you are not short. the 22% rally had little to do with the brake pad story and more to do with the increasing spread between natural gas and diesel/gasoline and a overall improvement in the world economy. Your desperate attempt to bash the shares are obvious.
$8 million per quarter in R&D expenses, is certainly not dismal by any means. They are spending 8% of sales in this category-way too high in my opinion.
For what it is worth: this is the first time the stock has risen above its 100 day moving average line, since March of 2013. That could be construed as a rather bullish event.