You really need to read their 10ks for the last 12 years. Even the last 3-4 will give you a very good idea what the company is REALLY about.
Selling shares to unsuspecting "marks".
Todays investors are tommorows bagholders.
Another reverse split is a near certainty. But first, the pump is one. They need to sell a few million more shares to finance the Calvert lifestyle.
I wonder if his kids know he is a total fraud ?
Probably millions of below market shares issued for nothing or way below market so they can fund Calverts extravagant lifestyle.
How many honest businessmen burn $64 million over 12 years and have almost no revenue to show for it and yet presents himself to be an honest businessman ?
He is a CRIMNAL and Im dead serious about a billboard. Who wants to go in with me on it and what should it say ?
This guys neighbors need to know he is a con-man.
You just keep dancing around the FACTS.
I told you this and TA were both risky shorts. You ignored me & lost money.
And this crap with you nitpicking his comments to death is just petty.
You're WRONG and you wont admit it.
Where did I say I was an expert you moron ?
I own this stock with a cost basis of $62-123 and then of course the rights offering last year.
I dare say my time frame is much longer than yours.
Den56 is a troll who I have had on ignore for over a year.
And from the posts today, it looks like Im going to be ignoring some others too.
Daniel Och is CEO of Och-Ziff Capital Management, one of the world's only publicly-traded hedge fund firms. Och-Ziff's own stock was up about 50% over past year, while the firm's main hedge fund was up 13.9% net of fees in 2013. Total assets under management at the firm are now over $41 billion. Och got his start at Goldman Sachs with other big time investors such as Eddie Lampert and Thomas Steyer; he struck out on his own in 1994 with a reported $100 million in seed money from the billionaire Ziff brothers.
Im not buying anything. I will exercise & oversubscribe rather than sit on my hands & do nothing which is apparently what you are advocating.
OZ MANAGEMENT LP
By: Och-Ziff Holding Corporation its general partner
By: /s/ Daniel S. Och
9 West 57th Street, 39th Floor, New York, NY 10019.
I compute an average of $1.1367 per share.
The total cost for purchasing the Common Stock reported as owned by Fundamental Global Partners, LP and Fundamental Global Partners Master Fund, LP in this Statement, including brokerage commissions, was approximately $2,079,822.83.
(a) The Reporting Persons beneficially own in the aggregate 1,829,666 shares of Common Stock, which represents approximately 8.7% of the Company’s outstanding shares of Common Stock.
They have been buying as recently as 8/20
The financial evidence of a turnaround is not really there yet. But the precursors are.
Positive same stores sales. Experienced mgmt. that has been there and done and this before and shareholders made many times their investment.
My best buy in TUES was at 51 cents and there was no financial evidence of a turnaround then either.
Rouleau has done everything he has promised to do so far.
Now, $18 could end up being a top for the stock for several years. But, if they can come in with 90 cents in EPS next year and $1.30 the following year and then turn up new store growth, this stock could see the $30s again.
My position is small and I have a very low cost basis so Im playing with house money so to speak.
This seems to be a case of you insisting you are right and the market is wrong. Your side has been losing money for some time now.
So, is your goal to be right or to make money ?
He is a criminal who has been scamming investors with this same company for the past 12 years. The end result is he has duped thousands and lost shareholders $64+ million. At the same time having almost no revenue.
The company exists to sell stock.
But we both know the outcome. There is no doubt.
Im thinking about putting up Dennis Calvert is a criminal billboards up near his house.
Please, buy all you want. Wont hurt my feelings. The touters are selling, I promise you.
FACT: Dennis Calverts 12 years of value destruction caused $64.53 million in losses.
And shareholders have lost at least 95%.
Its their job to tout this scam stock.
They get paid with shares of stock.
Its been happening for 12 years now.
They are breaking the law by not disclosing their payments but that's what criminals do, they break the law.