I think he got blowed out of the market. He started pounding the table on the airlines about a month ago at an intermediate term top and they promptly headed south. He's gotta be deep in the tank. Wrong way Corrigan for sure. Talks like he knows what's going on but man, he's made some rotten calls.
Amen brother. Kaptain displays a poor understanding of stock value vs future earnings expectations and although he might be a good bean counter, he will never make money in the market with his short term calls. Sometimes I think he's a paid basher. One thing for sure he won't last here after next quarterly report. Perhaps sooner if this rally can be sustained by value guys whom I'm sure have taken notice after yesterdays news.
There are those who don't know and those who don't know that they don't know. You fall into the latter category. You haven't a clue. At one time you were calling for a $2 share price. .
Oh pray tell Carnac, please tell us what the stock is worth? You undoubtedly know more then GoldenGateCapital who wants to buy at 14 so they probably are thinking it's worth 20.
I think you are right. I heard they are going to sell them all to HPT for 50k each who in turn will lease them back to TA for 10k a month. Insiders who own 17% of the company stock want the company to go BK and render their holdings worthless because they want to lose their azzs. Too funny.
Consensus analysts estimate is for a loss of .18 a share with a low est of -.33. Who cares how much they lose, it's already priced into the price of the stock. In fact, I don't care what the second quarter is. The company already said this is a second half 2016 story with the good times really rollng in 2017. The stock will pop regardless of Q1 loss.