They've announced 4-5 over the years but hardly ever actually bought any back.
Maybe this time they will ? Maybe a market maker called trying to place a large block ?
“The Company and its Board have decided to approve this stock buy-back program in order to be able to take advantage of unpredictable and volatile market conditions as occurred recently, and buy its own shares at what Management believes could be significantly undervalued prices.”
13 straight years of massive losses with almost no revenue let alone profit.
Stock is down 98-99% over 13 years.
But you're right, Im wrong.
The LACK of an 8k is all one needs to know. Its immaterial.
And you are a criminal paid tout who breaks securities laws.
Wish I would have bought more than I did yesterday.
Selling shares as low as a half cent and continuing to sign up for more convertible death spiral financing.
This guy doesn't care how far the stock declines. Any more he gets for shares is free money to him.
Also tout the MHCC scam ?
Paid touts not even trying to hide who pays them.
Stifel’s Taylor LaBarr upgraded the company from Hold to Buy, while establishing a price target of $9.
• The recent decline in Tuesday Morning’s shares appears to be an overreaction, LaBarr said, while adding that the company has good growth prospects over the long term.
Terming the recent decline in Tuesday Morning’s shares as an overreaction, analyst Taylor LaBarr said, “Such valuations are usually reserved for companies with existential threats and emerging doubts of a going concern. But TUES is not going away.” He added that the company has a healthy balance sheet, with no interest-bearing debt.
In the report, Stifel noted that three consecutive comps misses, the loss of a well-liked CEO and a lowering of the estimates had “rattled investor confidence.”
Saying that the markets have cast Tuesday Morning as a “broken turnaround story,” LaBarr wrote, “[W]e don’t think that’s true. Expectations have now been reset and we look to 2Q16 and beyond.”
“We expect comp store sales up mid-single digits in FY16 (in line with guidance) and revenue drivers are highly visible. FY16 is a peak investment year, but in CY17 we are modeling a positive free cash flow yield of 5%,” LaBarr said.
The company’s long-term growth prospects are expected to be driven by store relocations, supply chain improvement, growing brand awareness and improving product quality, the report mentioned.
Will be getting a wells notice eventually.
You must not have paid much attention to all his past failed businesses and BLGOs market value decline of over 98% since he took over.
I wonder if he got his wells notice ?
I think a number of them will be going out related to this pump & dump.
Sitra belongs behind bars. He has proven he cannot live without cheating people.
2 posts | Last Activity: Aug 21, 2015 4:04 PM
Member since: Aug 21, 2015
They continue to do death spiral convertibles, right ?
13 straight years and never made a dime. Its a stretch for anyone with a pea brain to think the next 13 will be any different.
Id wager heavily they will not.