maybe if they are lucky, a $5 bid will materialize. Looking for more than that is a pipe-dream. remember the old adage, garbage in, garbage out?
that's considered manipulation-highly illegal and borderline fraud. No potential suitor is going to do something so dubious. That would be setting themselves up for major SEC investigations
you forgot to include Diedrich Coffee to the list
the market cap remains the same. It is a good thing. it reduces supply and increases earnings per share.it gives the company more credibility--takes it out of "penny stock" status. It enables mutual funds to buy shares ( many are not allowed to purchase stocks selling below $5).
the stock is so cheap, they need to evaluate the feasibility of having a one for ten reverse stock split-that way at least the shares are fully marginable. Let's face it, so far, management has done very little to benefit its shareholders. we'd have a $40 stock price with just 620,000 shares outstanding and a little legitimacy
Today's article ( Seeking Alpha) reveals that Luby's could be acquired at 60% premium based on the hidden value of its real estate holdings
FSYS was always cash flow positive and could of lasted indefinitely in its current state. The reason it showed losses, was due to non cash asset impairments.
it wasn't too bad, analysts were expecting a big loss, and JVA put up a slight profit. They beat by $1 million on the top line too. The good news is the single cup announcement and the new distribution area in Texas for its Café Caribe brand.
This will be the third day in a row that the shares have closed higher. Hope the trend continues and the shorts begin to feel the squeeze process.
Next week ,a new Fuddrucker's is scheduled to open in Terre Haute, Indiana. This will replace an idle CheeseBurger in Paradise location that has been close for a year and a half. In addition, the company is in negotiations for landing a substantial new culinary service contract.
Look for JVA to actually surpass some very horrible expectations when they earn 7 cents on sales of $26 million. That is much better than a sales forecast of $18 million, resulting in a 29 cent loss
there are not two negatives. You are crazy, if you think a company with $66 million in cash, no debt and selling at 1/2 book value is a negative.
who is Rothschild? I doubt they would put themselves at that much risk, ( going to prison) just to make a buck
Last year they released their third quarter report on Sept 10th. This year, they will likely be releasing them on Tuesday, Sept. 15th-the deadline (unless they file for an extension)