a few trades for 5k and 10k shares? though I believe there are a couple of potential acquirers, I don't think that is what this was about.
there were a couple large-ish buys in the past hour...I'm guessing we'll either see a couple Form 4s within a few days, or a positive Seeking Alpha Pro article.
the company just has to declare the dividend and the shares go back to $6.
yes - generally, the "restriction" being to remain employed with the company until the vesting date. also understand, these are outright awards - free shares. the wording on the grants in the Form 4 explanation is a little odd, but I believe they intended to say the vesting date is 8/27/2018.
I'm happy that you have decided what's appropriate for discussion - maybe you should pick up the phone and contact the CEO to tell him?
Your analogy to playing lotto is well off the mark...completely irrelevant.
Providing outlook is appropriate for discussion on a conference call. The company is actually getting better as they provided Q&A this time and they have not previously.
Would you prefer that company said nothing about their outlook going forward and just leave everyone in the dark about what there is to look forward to? Is it not common for companies to provide outlook and forward guidance? Is this the first company you've invested in?
Because you have something called a sales pipeline. You don't just get a phone call from a customer saying "hey, I want to buy a million dollars worth of stuff". The sales process begins months in advance before an order is actually signed. They can get a feel how things will go based on what the sales pipeline looks like today - where things are in the pipeline, the types and how many inquiries they get, and again their knowledge of the sector.
I appreciate your situation, however, you don't appear to be a very good investor by some of the things you are saying. For example, for some reason, you have an idea that because the backlog was at a certain level at some date in the past, the fact that backlog is at the same level today should dictate a share price the same as it was at the previous point in time. Why would you believe that? Share price is a function of many parameters - most importantly what another person is willing to pay for the shares. Under current market conditions, for the performance company has turned in since $13/share, are the shares not justified being at $5?
As far as why the share price went from $13 to under $5, has the company been posting losses? Have sales been down? For a small cap stock with a low float, that will knock the shares down a good amount.
Since your posts have gotten louder over the past week or two, the shares moving lower is directly related to the market and specifically small caps moving lower.
Again, sympathy for your situation, but don't blame ted or anyone besides yourself.
Good luck wherever you decide to reinvest the remainder of the money.
with all due respect, are you not aware of what has been going on in the market this past week? were you expecting that MFRI shares would buck the trend of the market and move higher while everything else is getting clobbered?
though I appreciate your situation, again, in a market like we had today, you really can't complain.
just in the past week we've seen 1000 points come off the Dow.
as difficult as it is, you can't fault the company/stock for days like today...most everything was going to go down regardless of the individual situation.
insiders were buying in December in $6.00 to $6.75 range. unfortunately, they can't be buying right now because it is restricted period between end of quarter and the earnings announcement. if they were allowed to be buying, I think with near certainty that they would be.
I'll be averaging down as low as folks want to sell their shares. volume is miniscule, so it's just weak hands at this point. I was pruning my holdings over past couple months, so I have lots and lots of dry powder for this whole market correction. I was having a field day picking and choosing what to nibble on...and I did also take a little MFRI near end of the day.
there were much better bashers here last time around.
you won't be here in 3 months and shares will be back at $9.
"The larger shareholders are watching very closely..."
As if you have the inside track to know what the larger shareholders are doing?
the recovery in share price.
Thad said they would be very focused on closing deals in Q3 and Q4, and this is him beginning to deliver on that.
and now it begins
yeah, I think if the shares get down to $9, at cash value, there are going to be lots more people buying as well.
at what point does the company become a takeover candidate? even today, with the strong balance sheet and posting small losses, you'd have to believe that there is some company out there eyeing the situation.
"with as little #$%$ million."
apparently the Yahoo dirty language filter has a bug in its algorithm...it mistook $5 with "as" in front of it as bad word.
the trading in the shares is ridiculous...most of the trades during the day are under 10 shares. seriously they just sell a couple shares at the bid all day long. sure, every now and then someone buys 100 or 200 shares, but then whatever the bid is, sell some number of shares less than 10. more often than not, the real people/orders are getting faked into selling.
just have to go with the flow and slowly acquire as low as they want to push the shares.
company can swiftly put an end to it by announcing a share buyback - with as little #$%$ million. should the company buy back shares, it is the equivalent of making the dividend yield on the cash used...and it would be tax free.
at $12.00 it is 6.0% dividend.