Its over folks. This is the equivalent of 1981. Probably were plenty of deadender bulls back then too. Sell your gold and be glad you're not the sucker who's going to watch this go back under the cash cost.
short march to double digits begins
another case of trading lower overnight, gap open lower, and then US buyers push it higher. one of these days it will gap lower and then trade lower . . . pattern will break and so will gold.
is a buyout. Jmba is worth more to a DD or somebody else. that's why the stock doesn't really move on sss numbers. it's going to get bought at $20+ once everything is finished and then the new owner is going to really slash costs - fire the board and executives and collect the franchise fees. so the bad results just provide an opportunity to buy more cheap shares. win for losing.
that's all true but there is lots of room to run in warmer locations, florida and texas. I don't know why there are 21 franchisees in the midwest or Illinois, that doesn't make sense to me. but there are still large opportunities outside of California. and people really love their jamba juice, just go on twitter. at any hour of the day there is somebody going "need jamba right now lol omg" or something (nobody says "omg" these days but you know what I mean). anyway, these franchises will do OK, they have to do better than the company. and an acquirer will have the muscle to get better locations and lease terms and so on. a product that people really love will eventually succeed ( I realize Krispy Kreme never really worked out but Jamba is healthier).
It's being valued at less than 12x on ebitda but that's what mature companies are trading atfor. it really should be trading at a higher multiple. it's true that radiant often disappoints on earnings. but it also surprises on agent on boardings and acquisitions. radiant with all the agent conversions in the hopper ready to go is like a half-rented apartment building. it's not at all hard to get this to $60 ebitda.
btw the co didn't mention that sba was the same business that radiant took the philly station from. so basically steal a large agent station, then buy the firm for less than market value. ha! brilliant move crain. and also what none of the analysts mention is that rlgt is building a national ltl network. combine all the clipper brokerage revenues and the otexp plus h&s and you get closer to a national ltl network. good negotiating leverage with the other airport linehaul network, forward air.
wheels shareholders is canadian for "carpetbaggers." the "90 days" refers to my astrological market timing system, it's kind of like the gann system except incorporating the motions of mercury in retrograde. look for pig and aries to come down the pike in the month of the tiger.
that was a joke. hey, nobody's ever accused me of being funny. anyway, wheels is the company radiant bought on april 3. radiant issued the selling shareholders 7 million shares, 3-4 millino of those agreed not to sell for 90 days. that agreement comes to an end in a few days. of course there are ways to sell without actually selling - the shareholders may have cut a deal with a bank to sell at x price adn the bank shorts in the market at x+25, locking in a 25c gain. maybe that explains some of the recent volume. anyway, the chart is healthier as llong as it stays under $8. there is no earnings report until late sept, so there is probably no news for another three months. that could be a long three months if all the transaction news is already priced into the stock.
they've performed about the same. the difference is that rlgt has more runway ahead . . . rlgt can make/boost it's numbers with a new acquisition at $10M. at this point xpo will have to buy a $10B company to boost numbers. xpo is ordesr of magnitude more complex than rlgt, which means more can go wrong. so I'd say rlgt is a better bet but it doesn't have all of wall st. pushing it higher, and xpo does.
if we calculate the 90 days as including the three day settlement period, then it would appear the ninety days are up. so that would explain the 2 million+ shares traded today. the uptrend is broken, btw.
yeah sometehing is going on. U.S. Mint sold out of its American Eagle Silver Bullion Coins. this means that ordinary investors are buying the falling knife and the pros are selling.
Interesting that the equity sales guy bought another 2000 shares. Not a huge amount but he already probably has a large proportion of his nw in the stock. And Hendrix gets very specific on his compensation in case of change of control. I think this gets sold to Cowen before the end of the year.