The shares are exhibiting high relative strength this am, after an initial dip .Perhaps somebody in the know is buying prior to this afternoon's release? Lord knows, we are way past due for a bit of positive news.
Usually when bearish sentiment is extreme ( everybody is negative), important turning points present themselves-just saying.
Time to buy the dip. Every time the stock collapses, buyers quickly rush in and mark it back up. This time should be no exception. A bad report tomorrow could actually be a good thing, as it might be the catalyst to finally put the company up for sale ( whole or parts) or institute drastic change.
the bar is so low, it is lying on the ground. Luby's however, will find a way to trip on it. Their track record is not too admirable.
I guess it makes sense. FSYS has overcapacity left in its plants, and brakes represent a recurring revenue stream, so why not? Just when you give up on management they do something to redeem themselves.
" somebody knows something that has been reported yet"? I think you meant " somebody knows something that has NOT been reported yet! Improbable you say.....Not really, it happens all the time!
Horrible third quarter expectations could translate into an earnings beat. After all, a low bar is easier to clear than a high one..just ask a hurdler.
FSYS never bucks the trend of the overall market. Its high relative strength is surely perplexing. it has been a very long time since it has been up, in a down market.
An Analyst over at Seeking Alpha trimmed his price target on PBY from $13 to $11.50. Says that PBY's earnings release on Tuesday, will likely disappoint and the ensuing selloff will present a decent buying opportunity.
not sure if I would classify 2009, 2010, 2011 and 2013 as years producing heavy losses. In 2012, the loss was attributable to a non cash impairment charge. All five years produced positive cash flow.