So Lyles buddies could take a position when the stock goes down because of the reverse split ?
The decision is simply indefensible from a shareholder value standpoint.
I think Im going to cuss out someones voice mail.
Well, I guess its good that he had those private placements afterall and spread some of the risk/reward out.
I bet it varies depending on the ups & downs. For this quarter, I beat you by 4.2 cents.
Increased my limit order from $3.06.
Will buy more if it falls to $2.75.
This is my 3rd or 4th time in HERO. Always made money in the past.
Good insider buying cluster but one large seller.
The last time I was in there was the day they really ramped up their clearance sale and were unloading a lot of the old stuff at huge discounts.
The store looks cleaner with better use of endcaps and lots less clearance stuff.
They made better price tags than they had before. Their price is larger & easier to see and the "others" or "compare" price is much smaller.
Didn't talk to the manager but a long time cashier said the customers seem to like it.
Im not totally convinced the new merchandise is all that better than what they blew out not that long ago but it seems their price points may be a little sharper.
I noticed they had a single cheap umbrella for $3.99 and a better model for $9.99. I recently bought one from Aldi for $6.99 and then observed that Walmart had 2 everyday low prices of $5 and $8 for their umbrellas.
Then, the other day I saw Costco had theirs for $2 off which= $7.99.
The one I got was automatic and I think better than the cheaper ones at Walmart or TUES.
All that said, I don't really have enough to go on to say if they will earn 50 cents or $1 for the year. And with the stock at $18.75 I think the market is expecting the higher end of that range.
So yeah if you think they will only earn 50 cents, its a decent short .
Other than the obscene $1.3 million golden parachute for Bazet, the deal seems reasonable.
They went to 38 parties. Company A originally offered $4.40 but then bugged out and went down to $3.70.
No termination fee so if Company A or anyone wanted to come in and top it they could.
I see no huge red flags other than the 20 cent per share "go away" fee for the failed CEO.
I intend to tender my small position unless a better offer comes in the next few weeks.
The #$%$ firms will get "discovery" and then they will find something, however small. Best case is it means a small increase in the offer and worst case is it means an amended proxy showing a minor detail they left out and then they pay the #$%$ firm $50-100k to go away. That's why I speculated it could be a pre-planned increase of maybe 10-15 cents.
But, last I looked, yesterday morning, there was still no proxy for us to read thru.
Im guessing mgmts very large lifetime annuity payments are a liability they can use to justify paying us below book value.
I knew about them when I bought so I knew they were less than honest.
As a result of a seismic event with a magnitude of 2.1 occurring on August 31, 2014, the Chief of the Division of Oil and Gas Resources Management (‘Chief or Division”) issued orders on September 3, 2014, to immediately suspend all operations of both the Company’s saltwater injection wells. The orders were based on the findings that the two saltwater injection wells are located in close proximity to the area of known seismic activity and also that the saltwater injection wells pose a risk of increasing or creating seismic activity. The two saltwater injection wells are located approximately 112 feet apart. Based on these findings, the Chief ordered the immediate suspension of all operations of the two saltwater injection wells, until the Division can further evaluate the wells. Management of the Company is complying with the orders and is working with the Ohio Department of Natural Resources to try to resolve this issue as soon as possible.
How much does AWX the company have invested ? I guess its a good thing he got outside investors.
Ive looked but cant find anything. Is it there ?
I cant even pull up the BLGO article for that matter.
I hate windows 8 with a passion. But it doesn't work on my laptop with win7 either.
Let me know what price yours is please.
Fidelity says : Dividend reinvestments are priced at the average price that the security is purchased by Fidelity.
Fidelity pre-identifies all customers that will be reinvesting their dividend and goes to the market to purchase shares three days prior to the payable date. We purchase as many shares as possible on a best-efforts basis, determine the average share price, and reallocate these shares proportionately to the customers that are reinvesting their dividend. This process typically results in a different reinvestment price than the price that the security is currently trading.