Per Fidelity time & sales, the largest block of the day was just 1000 shares. 9 times.
Despite total volume of 418k+.
Sure wish some Insiders would join me. And Gabelli needs to buy more too.
They bought more. I think they have 9.7% now.
Time will tell but I believe BD will come up with something that will make us a lot of money.
In the meantime, we hurry up & wait.
Our future gains should make up for the current waiting.
Does that mean they are not in need of expensive refurbs ?
AN extra $1 is unlikely. They were probably buying it fort he arb value. Good return for a few weeks.
Although they could take it to appraisal.
Essex :With over twenty locations, Im sure their buying power dwarfs that of little Tuesday Morning with over 800 locations.
Word is the Tuesday board is in talks about just shutting the company down because of competition from 20 unit Essex.
The improvement isn't that modest. If Mason were still here they'd be running negative comps by about 5-6%. So if we get the 7-8% that I expect, you're looking at a 12-14% difference.
And the other thing you overlook is stocks overreact in BOTH directions.
This was undervalued for many years. It can be overvalued for a few.
Mason would be blaming the economy or the weather or her cancer.
Why ? Not enough shares tendered ? I suspect many or most are waiting as tendering just means the shares are not tradable. So I were to have tendered Thursday and the stock rallied Friday, I couldn't sell into the rally.
But, we are unlikely to see a rally unless there is a higher offer. And if there were going to be a higher offer, I suspect we would know it by now.
Stop the BS about manipulation. Its just the market.
Im long but don't blame others for my mistakes.
Actually its Tuesday but most brokerages want an extra day to guarantee yours get tendered.
Just a friendly reminder from a paid tout who thinks mgmt. are incompetent but what do I care, Im paid to tout ?
Real closeouts, Treasure Hunting.
But, TUES isn't so much competing with others as much as it is against their own former incompetence.
Sounds like your probably is with Gabelli then. I think its fairly clear from his past filings that his legal team thinks the above applies to him.
Of particular note are the first 3 above where he files right after increasing 1%.