the ceo can't turn an offer down. it is up to the board of directors to decide
We are finally getting our earnings!
the reason they went from a store level profit to a loss, was due to a 50 basis point increase in SG&A costs, $700,000 rise in interest expense ( a 50% increase) and a 40% increase in depreciation expense, to $7 million
capital items are now factored into earnings-they are depreciated. Land purchases are also not. let me analyze the income statement better, and I'll come up with an answer
just think how ridiculous it will be when it falls under $10 million of market cap-at the rate it is dropping, we could be there in a few days
you can still sell. The shares are now south of $3. why not get out before they fall below $2?
Gross profit margin up 700 basis points, SG&A expenses down 300 bp's. Company earned $1.50 on the year equating to multiple of just 5.
I might be the village idiot, but I am certainly not smiling after the beating I have endured.
the company is now selling at a negative enterprise value---enterprise value is calculated at Market cap + debt-cash..................WPRT is getting FSYS for free
chris3210: you sure know how to kick a man when he's down. What can I say,,I was as wrong as you can get with this turkey. management wants the stock to go lower....maybe if it goes to 50 cents, they can offer 65 cents