Too long. It had insider buying way back when.
I thought they had caught up on some of the filings and was told they would eventually.
I few years ago, the reorg plan was calling for profitability after they paid down the debt. But the stock hasn't been acting well so who knows.
Should have sold into the hype a few years ago I guess.
I take it you saw the april news ?
However, at this point, if Casa Bonita-Denver is forced to close at the end of the short-term lease extension, management believes that it will still be able to fulfill all Plan commitments. Additionally, once commitments to Plan participants are met, management forecasts that the company will remain profitable, regardless of the outcome of the Casa Bonita-Denver lease negotiations.
Hold & hope.
The chairman has a lot of his own money tied up so I think we will get a reasonable end game but it may take a few years.
Lyle could have mentioned that in the PR.
Same discounting, month after month. By email anyway.
Occasionally maybe 2-3 times per year I get snail mail offers too.
So Lyles buddies could take a position when the stock goes down because of the reverse split ?
The decision is simply indefensible from a shareholder value standpoint.
I think Im going to cuss out someones voice mail.
Well, I guess its good that he had those private placements afterall and spread some of the risk/reward out.
I bet it varies depending on the ups & downs. For this quarter, I beat you by 4.2 cents.
Increased my limit order from $3.06.
Will buy more if it falls to $2.75.
This is my 3rd or 4th time in HERO. Always made money in the past.
Good insider buying cluster but one large seller.
The last time I was in there was the day they really ramped up their clearance sale and were unloading a lot of the old stuff at huge discounts.
The store looks cleaner with better use of endcaps and lots less clearance stuff.
They made better price tags than they had before. Their price is larger & easier to see and the "others" or "compare" price is much smaller.
Didn't talk to the manager but a long time cashier said the customers seem to like it.
Im not totally convinced the new merchandise is all that better than what they blew out not that long ago but it seems their price points may be a little sharper.
I noticed they had a single cheap umbrella for $3.99 and a better model for $9.99. I recently bought one from Aldi for $6.99 and then observed that Walmart had 2 everyday low prices of $5 and $8 for their umbrellas.
Then, the other day I saw Costco had theirs for $2 off which= $7.99.
The one I got was automatic and I think better than the cheaper ones at Walmart or TUES.
All that said, I don't really have enough to go on to say if they will earn 50 cents or $1 for the year. And with the stock at $18.75 I think the market is expecting the higher end of that range.
So yeah if you think they will only earn 50 cents, its a decent short .
Other than the obscene $1.3 million golden parachute for Bazet, the deal seems reasonable.
They went to 38 parties. Company A originally offered $4.40 but then bugged out and went down to $3.70.
No termination fee so if Company A or anyone wanted to come in and top it they could.
I see no huge red flags other than the 20 cent per share "go away" fee for the failed CEO.
I intend to tender my small position unless a better offer comes in the next few weeks.