TUES aint anywhere near as "broken" as you & the shorts make it out to be.
Have you noticed the stock price ? Its about an 8 and a half year high without much resistance above.
The bottom line in my and mgmts view is TUES is well poised for many years of growing sales & earnings. They've done it before.
The market is clearly expecting a lot of that so there is the possibility of disappointment. But its also possible that results grow into the stock price and then with future blue skies ahead, who knows, the stock could see the mid $30s again.
Cheap shares if you can get them.
its up a LOT more than PZZI.
But you people cant see anything but dollar signs. Nevermind that the company cant sell shares fast enough.'
When supply increases, demand goes down and the price with it.
But, hoping for a pop to the mid 20s, I raised it so I didn't sell any today. Not did I watch the trading but certainly an impressive volume day.
I still think or hope this could continue to make new highs and run to the mid to upper $20s by year end.
At the same time, a pullback to $15ish isn't unreasonable either.
I still think the chart suggests the path of least resistance could be higher.
But, I wouldn't bet my life on it either way.
Its been fun to hold my modest position the last few years & wager against the growing short position.
Wouldn't be surprised to see BD peel off some more shares nor the large institutional holders who were buying at lower prices.
But the shorts are in severe pain here. Its really easy to stop the pain & cover. That could force the price higher.
I fully admit at these prices, holding TUES long is a gamble. But so is going short.
I haven't even been getting the mailers in at least a few months. I mean snail mail. Maybe I should sign back up for their emails.
I think having fresh, constantly changing merchandise rather than stale #$%$ is going to encourage more frequent shopping.
TUES has constantly changing "value" closeouts. BBBY does not.
You really don't make yourself look good with your continued nonsense here.
Granted, a case can be made that the stock is overvalued even assuming they do as expected for the next 2 years.
But you are just taking this way too personal and too seriously.
The stock is not overvalued if they can have sure & steady growth in both sales & earnings for the next 3-4 years. And their track record of a 10+ bagger in the past shows they know what they are doing and have done it before.
There is simply no rational reason why this 75 year old man would want to mislead or scam investors for his swan song.
Watch it Steve, they will come after you too.
They are coming after yahoo for my info. Which is kind of amusing since they already know who I am. I guess this might scare off some patsies that are insecure of their position.
NOTICE OF LEGAL DEMAND FOR DATA
We are writing to inform you that Yahoo has been served with legal process requiring the disclosure of information relating to your Yahoo account.
We know their window was open on the 28th. So why has only 1 taken advantage and for only 25k shares ?
On the other hand, one would think that competitive pressures could lead to more competition and perhaps to more risky loans.
But, like I said, even if all we get for the next 5-10 years is the dividend, that's good with me.
My one utility, SO, only yields 4.4% but their 65+ years of dividends with the last 13+ increasing gives me a lot of confidence going forward.
Hard for me to see a double in the stock price but I could see maybe an 8% yield after a few more years of dividends so there is some upside.
So maybe $3.50-3.75 in 2 years which combined with the dividend isn't bad.
And even the worst case, just the dividend isn't half bad.
I just don't see any motive for him to mislead the way you continue to suggest. He has told us what he was going to do every step of the way and he has done everything he said he would.
The valuation question is a reasonable one but Im afraid neither one of us have enough experience to know what stocks in similar situations can go for.
I just don't think the stocks going to tank unless they disappoint at some time.
Like 4-5% comps for the Xmas quarter. But I don't think that's going to happen. I think he has made good sustainable improvements with more to come. Maybe not on the margins front where you are looking.
"Growing into the stock price" seems the most likely outcome here.
Well, with the huge decline in oil prices, the fundamentals HAVE changed for HERO and other oil & gas stocks.
But "buying when there is blood in the streets" has worked historically.
You have to stop working backwards from a predetermined outcome.
BD hasn't sold in 4 months and they haven't stepped down from the board.
You know Masons history better than me but I don't recall her EVER showing a +11% comp on top of a +8% comp.
I don't believe the business model has a problem at all. And I do expect 8-10% comps for at least a couple of years.
He has done everything he has said he was going to do. And you just cant give him the congrats he deserves & move on.
To say incompetent in large caps is just bs. Its just priorities.
When I ran a pizza hut, the walls in the back being super clean didn't take priority over customer service.
But when we got customer service where it needed to be we dealt with the other things.
More than anything, the incompetence of Mason just continues to be on display.
We have professional managers versus posers under Mason.
The right deal. They could be looking at all kind of things maybe a large company.
I have confidence that they will find something good. If & when they do, the upside is a double, triple or more.
Great risk/reward here. In the meantime, we wait.
I don't think you have the first clue about what you are talking about.
Retail holders are in the same bag as the board. And Becker Drapkin has impressive credentials. Im very impressed with them.
Very impressive. And even more so was the talk of all the "low hanging fruit" left that will fuel improvements for many years going forward.
Traded over $22 afterhours.
I continue to be very impressed with Rouleau and the job he has done.
Im very confident in their ability to profitably grow sales & earnings for many years.
I just don't know how to correctly value that expectation. Except to say there is no reason for the stock to tank, particularly when there are so many short and feeling a lot of pain.