Congratulations to Bridgford Foods for delivering a very solid first quarter earnings report. Big increases in sales, earnings and cash holdings, is what it is all about.
I would like to see the shares dip back down to the low $8's, so I could load up again. This is nothing more than a merchandising game-buying wholesale and then selling retail.
rkr391: $200 million in real estate value, or about $7 per share. How does management only being interested in the real estate value benefit them? Not sure I understand the meaning of your post.
Just a few minutes ago, another form 4 filing was posted, confirming an additional 20,000 share purchase. Why is the CEO buying so many shares?
The redeeming quality of this company, is its massive real estate holdings. There is certainly hidden value there, that Private Equity would love to exploit.
Why has the CEO been buying so many shares recently, in the open market? What are his intentions? Is he possibly trying to manipulate the shares (pump them up)?
Danin (the stock market guru) should we buy more this am or would that be simply attempting to catch a falling knife? You know what they say, be greedy when others are fearful
Even Daninfw04 likes the shares at these dismal levels. Follow the smart money. If he is buying, so should the rest of us. The guy has a proven track record and a thorough understanding of the industry