The filing refers to the CEO's contract extension and significant salary jump. Apparently, the Board is pretty pleased with his performance, to offer such a generous package.
I work for a franchise store, not a company owned location. Shorting MCD, sounds like you might be on a death wish. Never, ever short a piece of Americana.
hey..when it is raining gold, don't put out the thimble, put out the bucket. a little something Mr. Buffett taught me. About being a simpleton, maybe so, but in a few months I am destined to get promoted to head janitor at our local McDonalds. So don't get too jealous!
not $10. way too high, but could acquire it for $5
won't know until he files 13f form to the SEC, but he has probably been selling steadily over past 30 days-just a guess on my part
chatter on the street that Icahn sold his entire position. that's why the shares are getting hammered this am
Restaurant stocks are really in a good place. everything is now going their way. Higher consumer confidence, low gasoline prices, Lower unemployment and cooperating commodity prices are all contributing to the uptrend. If Luby's can get above $5.00 today, that would indeed render a strong buy signal.
the shares have almost retraced 1/2 of their recent gains. Is it time to test the waters again or are we going to re-challenge the lows again?
no big deal. Culinary represents such a small segment of total sales, that it is virtually immaterial. By the way, How do you know about the losses? This is non public information, so you could expose yourself to some legal ramifications for divulging it.
The precipitous drop in gasoline will provide a huge tailwind for the casual restaurant space. This will help comparable store sales immensely.
management could want the shares to drop lower, that way they can buy the remaining 65% of the shares they don't own and take it private. If it fell to $4, they could offer a 20% premium and buy the balance of the company at $4.80. They could then integrate their current personal holdings of 100 units with their Luby's acquisition and in the process, gain some very beneficial synergies. In a few years, they could go public again and make a huge $$100 million windfall.
buy in the mid $5's, you can't make any money when it goes back into the $9's. That's where you will want to sell.