I don't see what they have to lose by putting out a weekly or biweekly email letting customers know whats new in their stores.
I think Im on their email list but haven't gotten anything in months.
I can understand not wanting to spend on a newspaper ad or whatever but email marketing is free.
Why $4.16 ?
You called this perfectly but I still sold my last shares at $18-22.
Im not finding much I want to buy thesedays. I bought some LOAN at $3.01 on the day of the crash but then sold them a week or so later at $4.24.
Sold the vast majority of my BH in a tender offer at $420 and would like to buy some back but not unless it falls below $340. My "Biglari Discount" is larger than the markets right now.
Cant trust him anymore.
I like RCKY at current prices but own a lot so Im not willing to buy more even though I sold a good bit at higher prices.
Given the markets decline, BH is going to have to go lower for me to buy back in.
Funny that Arwein hasn't posted recently. He should be in hog heaven now since the shares are always a buy no matter what.
I will pick up a few at $340ish and $325ish if it goes there. And $300 would be a sweet spot where I might buy back a significant number of shares.
There is much worry in the market right now. That's a positive given my large cash position.
I may be able to find some attractive bargains in the next few months with tax loss selling.
Of course, that has to be weighed against the possibility that we are in a bear market.
I know the 13 year history of this company and their use of multiple paid touts.
I am here. I apologize for nothing. I maintain that this stock is massively overvalued. Even moreso with the recent irrational run up.
I would short it at recent prices if it was possible/practical.
I did not envision the price increase. I submit its part of the pump & dump.
Calverts long term record of value destruction remains.
Nobody at BLGO has bought shares in the open market over the last 13 years.
What they do is give themselves shares on a regular basis because they cant afford to pay themselves their entire excessive salaries.
I would encourage anyone remotely interested in the stock to NOT pay any attention to their press releases.
Pay attention to their SEC filings which show 13 consecutive years of continued heavy losses with no material revenues.
Its as if every press release was designed to sell shares.
IGNORE the hype.
Read the filings.
He went to Pier One.
But they probably pay more as CFO than TUES will as CEO.
I only ask because the market seemed to respect him.
But, if he was going to get it, you would have thought it would been before Rol stepped down.
His abrupt resignation almost suggests health issues although I hope not.
Those are the only 2 options I see.
And by dilution, I mean discounted private placement shares or some other kind of subprime financing convertible into shares such that shareholders lose.
And I guess a reverse stock split too.
No position here in years.
It appears the large block was weighing on the stock. Now, the company bought it back.
Its not dirt cheap. yahoo shows a PE of just under 16.
The ambulance chasers, combined, mean nothing.
These guys are so desperate for work that their business model is going after any company whose stock has dropped for any reason and then hoping the companies will pay them something to go away.
They go after pretty much any stock that drops for any reason.