Well, Becker owns a lot so he is taking a loss too.
Wonder what, if anything, they will do with the empty shell ?
Paying the cash out would give nearly everyone a loss.
How many of us want them to swing for the fences with whats left ?
a REVOLVING door for upper mgmt is not wildly bullish to me.
But I retain all my shares.
This guy at big lots experience.
New 13d/a. This one says there has been no transactions in the last 60 days which cant be right.
Can someone else read them please ? Im not sure what they are saying.
On April 3, 2013, Tuesday Morning Corporation (the “Company”) and Seth Marks, Senior Vice President and Chief Marketing Officer, agreed to his resignation from the Company. The Company and Mr. Marks are currently in the process of determining when his last day of employment will be with the Company.
Would it have been more bullish if he let them expire ?
He wouldnt have spent $3.5 million on shares if he expected to burn through the cash.
Particularly when his past insider buys were at much lower prices.
On April 1, the Reporting Person Mr. Higgins exercised 600,000 stock options. On April 2, the Reporting Person Mr. Higgins exercised 400,000 stock options.
While the form 4 appears incorrect, I believe he paid $3.50 per share A $3.5 MILLION investment. And the options were set to expire on 5/1 I believe.
His form 4 shows prices of $3.76 & 3.77 but Im not sure where they came from. Those were market prices and he paid just 26-27 cents below market.
Still pretty darn bullish for a million shares.
You didnt say what the company does.
Never heard of Findermann. Bought because it was about half of book value and there had been some insider buying and the board was at least looking at selling at one point.
Doesnt mean it wont go to $4 first but I think its got a reasonable chance of going to $8-10 in the next year or two anyway.
I would guess it will be increased from .49 per quarter to 50.5-51 cents per quarter.
If you mean 7 cents on an annual basis, thats a good guess.
Not sure the news will juice the stock though. Its expected.
Southern Company Raises Dividend Rate 11th Straight Year; Annual Rate Goes to $1.96 Per Share
Apr 16, 2012
In terms a 5th grader could understand it ?
I went long hoping that $6 would hold but it didnt. Kind of flying blind here based on the insider buying & the book value.
I have orders in at lower prices because if $6 didnt hold, maybe $5 wont either.
One can get bloody fingers from catching falling knives.
STEI reported today that its Board of Directors increased the annual cash dividend on its Class A and Class B Common Stock by 12.5% to $0.18 per share, compared to the previous $0.16 per share. In addition, the Board declared a quarterly cash dividend of $0.045 per share payable on April 29, 2013 to holders of record of Class A and Class B Common Stock as of the close of business on April 15, 2013. This marks the third consecutive year in which the Board has increased the dividend.
Thomas M. Kitchen, President and Chief Executive Officer, said, "The Board's decision to increase the cash dividend reflects its continued confidence in our solid balance sheet, our ability to consistently generate strong cash flow, and the continued positive momentum in revenue growth. The Board last increased the dividend rate in March of 2012.
I went online. Just shows 4 versions. Taco, chicken/southwestern, pepperoni & 5 cheese but I think I read they allow up to 3 toppings of your choice too. More for extra. Mt stores dont allow online ordering so I couldnt see any more.
Its a 9 inch pan pizza.
Im not sure its going to really harm pie 5 or the delivery joints. But if just 15-20% of Chili's customers choose pizza, it would REALLY help their margins.
They are saying its a game changer for them. Faster serving times combined with much higher margins & more menu options.
Avg item at chilis has a 28% food cost. Pizza is around 20%.
Cant help but be amused at the talk of evil naked short sellers.
Id say anyone who shorted this pig at $30-40+ doesnt really care if they cover at $4 or $5 or $7.
The max chart yahoo shows.
Appears this one is near forming a triple bottom but it might fall closer to $5 first.
Catching falling knives is a risky game. But at some point, the risk/reward would seem to be worth it.