I always have a hard time resisting buying the dip. Each time it drops, I figure the stock is that much more of a bargain. One of these days, I reckon, I will be finally proven right. Until that day, patience will have to be the key.
Could it be the intent of management to try and take the company private? If this is to happen, a lower price would benefit them. If the shares fell to $6, then they could offer $7 and then take it public at $12 down the line.
is there a chance that management wants the stock to go way down, so they can take the company private at a very cheap price? If the shares went to $4, they could then launch a tender offer to buy all the shares at a 25% premium, and then take it public again at a much higher price down the road.
this time around, they can't blame their mediocre results on the economy. Texas is on a real roll. One of the strongest economic areas in the whole country. When will the insanity finally end?
LUB is expected to earn 3 cents on sales of $96 million. They will miss on earnings, but beat on sales. Look for LUB to lose 4 cents on sales of $98 million. The eps miss will be attributable to higher food costs and severe winter conditions.The company will maintain its current guidance. The market will look at the results as a non event, since the stock has already fallen in anticipation of another weak quarter.
Maybe the Pappas's are broke.That's why they are not buying anymore shares. The company has become a serious dog with fleas. Not sure it will ever be able to shake that stigma. One ray of hope? the old adage: "Every dog has its day".
nobody invited FSYS to the party.....I guess it just stinks too much. I guess every dog has his day.
this stock pretty much needs a miracle at this juncture. Being a betting man, I seriously doubt that will ever happen. The company seems destined for mediocrity at best. You have to call a spade a spade.
you are hedged by owning call options? That is surely a smart strategy, since being short, offers unlimited risk.
Hope you don't have too big of a short position. The risk exposure could be very daunting, especially if the company is involved in a takeover attempt. Lust Saying! Shorting value stocks with a tiny float is a extremely high risk venture, to say the least.
The Pappas brothers are way past due for another 50,000 share purchase (it's been over a year since their last). I have a feeling we will be seeing confirmation of this shortly, in a form 4 filing.
The shares are imploding again. This one is so predictable. It seems like nobody wants to touch this very toxic and vile stock with a ten foot pole, except those with enough wisdom, to be on the short side. Management appears so indifferent , that optimism connected to this equity, is less than scarce. If you can't beat em, join em
Finally getting a rally today. It is about time. Look for LUB to issue a press release by the end of the week. That act, could bolster these very beaten down shares. A rally to $6 is a real possibility, especially if the shorts feel compelled to begin covering, to book some outrageous profits.
Morgan Stanley started CLNE with a overweight ranking this am. I wonder if that positive assessment will translate into a sympathy rally into the entire sector? Will WPRT and FSYS also benefit from Morgan's bullish stance?
not an upgrade, but actually initiation of coverage, with an overweight rating. The entire space will get a bump today including WPRT and FSYS.
go to the FSYS website. Click "investor relations", then click "conference calls and events".