It appears the top three Executives have been given 373,000 free shares in the last two years. Since the total available = approx 7.3 million shares these three were given 5% of the company. What board gives away that big a chunk of the company. It appears the CFO got 85,000 gratus shares. Did the performance of the past two years warrant such a generous reward?
Stock may settle as low #$%$ 4.50 and then Buf Wild Wings could scoop them up.
Suggestion # 1
Richard Schultz who owns 21% of BBY (Best Buy) will probably have to pay $ 26 - $ 32 a share to buy out his former company. One of the common goals for some big box stores is to shrink square footage and reduce overhead. (Best Buy and Office Depot have talked about this).
Schultz should instead buy Office Depot at $ 3.00 - $ 5.00 a share. Run a clearance sale to clear out inventory. Rename stores something like "Better Buy" and then stock with Best Buy type inventory. Office Depot stores are already smaller then Best Buy Stores. The only thing Schultz wouldn't have is the Geek Squad. BBY has cut the Geek Squad recently so there are former Geekers out there to be hired and promoted under a new name like "Tech Squad". OD stores have the same basic nationwide foot print as Best Buy store locations. Seems like a much cheaper way to sell the same type merchandise and make a better profit due to lower financing costs.
Suggestion # 2
Home Depot has touted their large parking lots. HD should buy Office Depot for $ 3 - 5 a share, do a clearance, lease out or turn back curret buildings, and then bring the Depots under one roof by adding the Office Depot sign on one side of Current Home Depot buildings. It would create more site visits for each Home Depot location. HD already has some of the same products such as storage, book cases, lamps, lighting, desks, ect. Actually if you want to create an office HD might be a better place to visit for ideas on how to furnish.
FST = $ 25.00 one year ago. Today = $ 7.00
FST = 24% of current float shares are shorted.
Lets get back to UPL for this board.
It appears there are 7.53 million shares out for FD.
So far this year one executive bought 30,000 shares at an approximate 40% discount.
It appears two other executives were given about 135,000 shares at no cost. Do the profits of FD warrent such a reward?
The french government withheld 25% of the dividends previously paid out. Their withholding amount may be higher this year.
There is a place on US income tax forms to record dividend money withheld by foreign governments.
May 29 2008, Sep 8 2008, May 28 2009, Aug 25 2009, Jun 9 2010, Aug 25 2010, Jun 7 2011, Aug 31 2011, Jun 5 2012.
Payouts 4-5 weeks later.
$ 1.64 will be the current bottom for VOG. Nobody wants to sell at a lower level.
If anyone is waiting to buy 500 shares at $ 1.50 vs $ 1.64 your talking $ 70.00. There is a better chance VOG will go to $ 1.80 than $ 1.50.
It would be good for all stock holders if BWW bought DAVE.
But if the DAVE board ever stopped buying back their own company shares there would be not market in this stock. Look at the volumn.
Their buy backs are like a price support. If this company goes on long enough management will have given themselves all the shares bought back.
RE - May 2nd Earnings Release
Will the earnings come out of ZUG Switzerland with a Market close of late morning eastern US time.
Or will it come out of Houston Texas at 4 pm eastern US time?
Unless the government promotes LNG like they do flex fuel it may drop to
$ 1.10 and $ 11.00 a share.
Is Obama motors working on a car to run Liquid Nat Gas?
It should be.
It would be interesting to see the results of a drug and substance test on this guy. His behavior and thought process is over the top.
Having the show allows Kramer to slyly help stocks he owns.
Kramer dislikes RIG and likes ESV. They are somewhat similiar but RIG has much more cash flow.
Don't know one way or the other but he may be short RIG.
Kramer has not acknowledged RIG's potential or said one positive word about Transocean.
He keeps saying sell RIG and look at ESV.