It makes sense that they would try and sell it when it is running on all eight cylinders-that's how you attain top dollar. There is no doubt that their turnaround program has been wildly successful by Wall Street's view of the share's.Not sure how much of a premium they could extract at this juncture, but 20% seems reasonable.
Time to buy the dip. Every time the shares selloff, buyers rush in to scoop them up. Besides, we are getting very close to another Roth Capital price target increase. You have to go with the trend. Even the Farmer sisters have not sold a single share, despite the stock rising three fold.
well, here we go again, PBY misses badly again on results and the stock is tanking in after hours. How do they generate lower sales despite more locations? I don't get it. Are you going to try and buy on the dip tomorrow? I think we could see the mid $10's before the carnage abates. That would be a place to load up the truck big time.
$25? a bit optimistic for sure, but a run to $22 is more than likely. Next week's annual meeting could provide the catalyst
$170,000 worth of buying? you might want to re do your math on that one... I think he bought half that amount.
greendog: did they miss? I don't think so..revenue was pegged at $126 million, and they came in at $128 million
I read the letter. A bit vague, but none the less, positive in nature. I expect a good 1st quarter report will be released tomorrow afternoon. That could be a solid catalyst for a move to $20
It is about time. The shares have lost nearly 20% of their value in the last couple of days, providing a rather juicy buying opportunity.
The way they are handling this late filing, it is almost appears if management/board, wants to intentionally keep the stock price down, but why?