This location is a gem. Highly utilized intersection serving 3 affluent/upper-middle class towns and Dundee is a heavily traveled artery with commuters from surrounding towns.
Did you follow her SeaDrill recommendation? That would have been costly.
look at the 10 day, 50 day and 200 day MA's. When this stock rallied yesterday there was big selling right at the close. Funds seem to be unwinding this one regardless of what some talking head on TV says.
Nice bounce but lets keep things in perspective.
Do you ever get the feeling you are cheer-leading in the face of a hurricane? You have not put the pom-pom's down since stock was over $50 and shares are at $41.
Or past forward looking statements? Stock very erratic.
Not so sure, ACT was seen by some as a potential acquirer but with this move I think its clear they are not interested.
Go back and look at the quarterly earnings release is on this company for the past four quarters. In every case they have a negative accounting related surprise that catches everybody offguard. Trick me once shame on you tricked me 4 times.... are you kidding????
And in time those stores under RNDY's umbrella other than Mariano's will be a memory. Overall they serve in undesirable markets in comparison to Mariano's target market and they do not fit in the overall LT strategy.
Those competitors do not play well in Mariano's target markets. Walmart? give me a break. Bob wants nothing to do with the bottom feeders who show up looking for cheap groceries and then pay with their link card at the register. Please send them to Walmart. In Mariano's territory those competitors you mentioned are not even competitors
nice numbers, should silence the doom and gloom nonsense and allow Bob to concentrate on the knitting of new stores in fantastic locations selling superior groceries.