Educate yourselves on book value, net tangible assets, and protein shake moats!
And the $20 Maginot line got breached, but good!
Your inventory should be sold for scraps at Ollies, HD, and LOWES.
Your real estate should be liquidated.
Send the top management bums an invoice DUE for gross overcompensation of a public company the last 10 years!!
You short sighted twit. The have less than 20 locations in Texas alone. Ten years from now LOCO will have over 1500 locations and will be moving into Canada, Caribbean, China, and Europe. They will also serve breakfast eggs....the other end of the crazy chicken. Profit per share $7.50 X 20 PE = $150 stock. Try getting that out of T-bills or the local credit union offering 0.02% annual interest.
Web site indicates only 13 locations in all of Texas ? The seller yesterday at $10.25 will live to regret not getting on this crazy train!
My team was right. Profits and revenue exceeded wildest estimates. Debt has been reduced. Recall has been fully booked for worst case scenario. Stock up 5%. You were wrong - romuluss.
My team was on the conference call. The company has adequately reserved for the recall loss. What we don't know is how many additional New sales ( Dodge RAM trucks and Jeep) will result from people being at dealerships, that might otherwise not been at a dealership. On a side note, Chrysler announced yesterday that they cannot meet demand for the Dodge Challenger SRT Hellcats. So look for more quarterly profits that exceed consensus expectations.
When the parasitic lawyers pounce, you know a $14.10 bottom has been achieved. Margin call Matilda has also completed her rounds. Cilantro chicken and guac are coming East!
The MHR CEO was just as bullish on the broadcast, and he should have known better.
Shoulda known better, Sand Man!
Hi Rebecca....it's not 34 cents anymore, you sweet pea!
The shorts were given just enough rope to hang themselves with this sector capitulation.
The stock price surge off the bottom here is not limited to Swift such as EXXI, SD, GDP, CK.
THIS is a business ?
Who knew that market capitalization was built on vitamins, roasted soy pods, and door-to-door dupes who are floating the inventory out of their piggy banks ?
More proof of the demise of large cap frackers.
Borrow, drill, deplete, lose money, borrow more, hedge at bottom, dilute, rinse and repeat.
That is who you are.
Now class, let's review our basic Common Core arithmetic.....market capitalization is the number of stock shares that exist (X) multiplied by the current stock market price of the stock.
Do you think roasted soy bean pods at the point of a pyramid are worth $5 BILLION ?!