As interest rates rise, high dividend stocks become less attractive by comparison.
I will probably increase my position if it goes much lower.
"HERBALIFE - CHANGING OUR MEMBERS LIVES" one Federal subpoena at a time
Please, buy more. Show me. Ignore the last 15 years. Calvert is a hero; Give him money.
Wait, you don't want his shares either and you are selling ?
Interest does not mean a buyout.
But hopefully it will lead to one.
For at least $12.
I rarely own a stock mostly for a takeover but with PBY, I do/did.
Easy to spot his mental illness.
This came out after the close yesterday. Hard to believe advance knowledge of this caused the move up yesterday.
Id love to see us break thru $23.11 soon. Then could easily get a move to $26-27 in short order.
As for a buyout, I don't think the family would stand in the way of an eventual buyout at a fair price.
That's probably $30+. But, I have no knowledge or speculation of any such talks.
RCKY can & should go much higher without a merger or buyout.
I don't keep up with who might be interested in buying them or the cost savings but if any such company is flush with cash or a lofty share price, paying a premium for RCKY could well be a win-win.
Our directors and executive officers are entitled to participate in the Offer on the same basis as all other shareholders. Mr. Becker has informed us that Becker Drapkin Management, L.P. intends to tender an amount of Shares during the Offer that will result in its percentage ownership of the Company following the Expiration Date of the Offer remaining substantially equivalent to its percentage ownership of the Company immediately preceding the Offer. Mr. Bogomolny and Mr. Domenik have informed the Company that they each intend to tender a portion of the Shares beneficially owned by them. Our remaining directors and executive officers have advised us that they do not currently intend to tender Shares in the Offer. The equity ownership of our directors, executive officers and affiliates who do not tender their Shares in the Offer will proportionately increase as a percentage of our outstanding common stock following the consummation of the Offer. See Section 11
We only need to estimate what next years below market share issue will be at. Pretty sure it will be less than $420. So, Ive decided to tender some at $420 just because this is a stock that requires you to buy more shares every year in order to avoid getting diluted.
So the shares I sell will fund my future below market buys. If that makes any sense.
Problem is, taxes for my taxable account. I have an odd lot in my IRA, (not divisable by 5) which I guess I should just sell the odd shares. But maybe more too ?
I want to defer my gains in my taxable account for another decade or so if I can.
I guess we can hope he kills himself skydiving or driving his sportscars at 150MPH.
Estimates $1.56 for the year,$1.85 for next year.
May not be enough but it sends a message.
Also, biglari has continued buying BH shares despite the inability to vote them. That seems somewhat bullish unless he is looking toward next year already.
Egan Jones sided with biglari back in 2008 and now their opinion is worthless ?
Institutional Shareholder Services, Glass Lewis & Co., Proxy Governance, Inc., and Egan-Jones Proxy Services unanimously recommended to Steak n Shake shareholders to vote the GOLD proxy card.
Not with Lion funds 20% and the major proxy advisors not going for groveland.
Ideally, 2 of their guys would be elected, but I don't think that happens. Its a straight win, This year anyway.
Next year, a bigger firm will get together a better slate and take a meaningful position.
Someone, maybe gabelli, has been funding groveland.
And you will not that gabelli never said they would vote for groveland. So I expect they may only abstain.
I look forward to you reporting on the meeting. If I was closer, Id have to be physically removed. This entire board is negligent at best.