DISH/Sprint have to be saying "It was $20+ only 6 weeks ago, today we can buy it for about 50% off".
Sprint may be forced to buy to keep DISH from doing it. DISH already has joint effort with NTLS, so it is a real possibility to expand their footprint and capabilities.
The longer the shares stay at this level (or lower), the higher the probability that one of them makes the first move.
The only Sprint "concern" is whether they will buyout NTLS or renew the contract. Sprint has much larger issues to deal with now and over the next year or two than to be mucking around with this. It is a small portion of their business, and for NTLS, though it is a nice chunk of revenues, it is wholesale revenues - they are not getting rich over it.
you have no idea what you are talking about, but sell and end your agony.
2 or 3 months from now, when the shares are back at $15 and $16 you can deal with another thorn in your side.
selloff today is because of :
1. shares ex-dividend today
2. markets off
3. some people see the initial .42 drop for going ex-d and they freak out not even considering that they just got the dividend.
4. market maker taking advantage of people in #3
"someone has some insider info" - I feel sorry for the Average Joes like yourself.
The number of shares being purchased by the Portnoys with their own money is petty in relation to how much they are being enriched by their compensation packages.
Why don't they each buy 25,000 shares?
Who cares if they're making less combined than Walton - the amounts still makes no sense in relation to the size of this company and its financials.
We'll know early this week.
I'm going to stay clear for the time unless shares get really depressed and there's an opportunity to buy cheap in advance of spring/summer earnings runup - like last year. As much as I like the company and what management is doing, I just don't like the financials with respect to the quarter taken with the recent softness in soda sector. I'm seeing massive selling/discounting/promotion of Coke in local markets. Will continue to play JSDA for December tax selling and January bounce...it's a short-term trade and if they make it through December, they'll make it through January.
Personally, with the sales trend still lower, coupled with the relatively large share count, I'm getting a bit concerned about the valuation. These spring/summer results will be extremely important. If they do not increase sales by 5% yoy in each quarter this time, I won't look at it again.
I really think they need to get the shares back to 50 cents and then do a 1 for 4 or 1 for 5 reverse split. There's just too many shares out there for a microcap with their kind of financials.
MKTY has been on my screen for a couple months. I wanted to buy multiple times, but wide spread and then it would always tick a penny or two higher and I'd tell myself to wait. "I will not chase"...haha!
friend - if you would like this to be the Great American board, you will see no posts. That is how it was when we arrived here and claimed the rights to it...no post in years. My friend here is probably the only shareholder besides you on all of Y!.
now, if you'd like to discuss GAMR, I am sure my buddy will oblige. But, otherwise, feel free to participate in our dialogs.
the quarter was certainly a disappointment. however, it isn't surprising in my mind - soda (in general) is in a funk - KO said it weeks ago.
as far as what to do, no suggestion. I don't think the shares will trend back down under .40 to find a base - likely will be in the .45 area the way trading is today. I think that shares will get the seasonal support/rise between now and summer. but, I'd be concerned about just how much penetration they're going to get going forward and if the best they have to look forward to is being a 30 or 40 employee $10 million/year niche player maybe growing at 2% or 3%/year?
I mentioned I bought some yesterday - you should review - just announced this AM that they repurchased 1.4 million shares from a large holder at 15% below current share price. Diluted 2013 EPS announced this week was 100% over 2012, growth is seen in 2014, and now this repurchase of 10% of the outstanding shares.
I'm likely going to buy more today and the next week if the shares are down. I don't think there's a hurry, but keep it on your radar screen.
You are incorrect. Analysts don't need to do anything to change their opinion or price target.
Price targets are also generally meaningless. They provide comfort to novices who need someone to take responsibility for their own actions. Market Psychology 101.
You are absolutely correct. And, you can bet that these companies are looking closely at it, because they surely see that today they get a 30%+ discount off when the shares were at the annual highs. The assets are worth more than the market cap. Doesn't make sense to build your own if you can buy it for a discount.
There is no dividend reduction coming.
Go review the posts here from exactly a year ago - this is like groundhog day. However, this year there is more cash than last year, earnings for 2013 were about 20% higher than 2012, the debt has been refinanced out to 2019 - the company is performing better. There is plenty of coverage of the dividend from cash flow and cash on hand.
As far as insider trades, the last insider trades (officers/directors) were when they were buying in November 2012 when the shares had first fallen down to this level. The fund selling in November 2013 is meaningless - they still hold 4.2 million shares.
You are completely fooled, because you don't know what you're talking about. Go read the earnings announcement - subscribers increased. Come back in the summer when shares are back in the $18 to $20 range and then we can revisit your post.
hey - doesn't really matter - I've got all the time in the world. just picking up 1000 shares here, another 1000 shares there. I could not care less - will take all the shares now and next few weeks, collect my 5% to 6% dividend payment, then sell them all again into the next earnings runup. I can do this quarter after quarter if people want to torpedo the stock.
at some point, mid quarter one of these quarters, the company will make some PR about some piece of the business, and shares will jump up into the $4's again. It won't even be something Earth-shattering...but people get turned off, ignore the stock, and then that#$%$ happens. Been through it many times.
Again, I'm in no hurry - unlike the novices who just throw their money into whatever some pumper on Seeking Alpha tells them at any price.
Got a problem with that?
What spankin? You know right where my post is from November/December saying LTRX would trade in the $2.00 to $2.50 range this quarter. You know right where my post is saying I sold when shares went above this range. I have no reason to repurchase until shares dip down below this range - which according to you should have happened about 20 times already this year. So, I am waiting for your prognostication to come true - should I not be?