The volume in UNAM is still way too small to be meaningful.
I don't think anything is going to happen there. Im sure Biglari would love to buy it at Book Value, but he isn't going to pay a 20% premium and they wont sell it to him for book value.
Stupid patsie deserves to lose their lousy $434.
Im fine with patsies losing money, They deserve it. Im not fine with predatory criminals like Dennis Calvert lying to then to induce them to lose their money.
And of course, they have no value if they don't buy a profitable business.
As of December 31, 2013, the Company had U.S. federal net operating loss carryforwards, including those acquired in the Company's past acquisitions, of approximately $16.9 million
They certainly don't seem to be in any hurry to make a deal or keep us informed.
However, insiders have not bought in some time which could mean they are in talks. Or it could just mean they don't want to pay up.
The litigation never was a significant matter.
If the market were to value TUES at $1.75 million per store, the stock would be 33+.
Calvert has a million $ lifestyle and he cant afford it on 2308 shares a day.
You true believers better get with it and BUY !
Its only been 12 years and $64.5 million worth of losses. Profits are just around the corner, really.
EMCORE (EMKR), together with its subsidiaries, provides compound semiconductor-based products for the broadband, fiber optics, satellite, and solar power markets. This stock closed up 1% to $4.09 in Tuesday’s trading session.
Tuesday's Range: $4.00-$4.14
52-Week Range: $3.50-$5.62
Tuesday's Volume: 187,000
Three-Month Average Volume: 103,744
From a technical perspective, EMKR trended modestly higher here back above its 50-day moving average of $4.03 with above-average volume. This stock has been making higher lows over the last three months each time it has pulled back, which is a bullish technical sign. This spike to the upside on Tuesday is starting to push shares of EMKR within range of triggering a big breakout trade. That trade will hit if EMRK manages to take out some key near-term overhead resistance levels at $4.16 to $4.20 and then above $4.22 with high volume.
Traders should now look for long-biased trades in EMKR as long as it's trending above some key near-term support levels at $3.90 to $3.86 or above more support at $3.78 and then once it sustains a move or close above those breakout levels with volume that hits near or above 103,744 shares. If that breakout gets underway soon, then EMKR will set up to re-test or possibly take out its next major overhead resistance levels at $4.53 to its 200-day moving average of $4.65, or even $5 to $5.30.
I haven't been paying attention to UNAM lately but Im not sure he could buy it without paying too big of a premium.
On a sort of related note, a number of years ago I took a small position on AAME in the low $1 range and its above $4 now. (I wanted more but wasn't willing to pay up. I should have in hindsight)
At the time, I thought that might have been one he would consider.
I think its still below book value.
Reflects the weighted average price of multiple same day open market purchases within a one dollar price range of one another at prices ranging from $2.54 to $2.69 per share.