Or buy the stock which yields 8.1%. ???
I guess in a bad case they could stop the common dividend while the notes take priority.
I didn't read the filing but I hope this replaces all the high yield notes with friends & family.
Because I forget.
The only confusion is that between your ears.
The distribution date has NOT yet been set. Thus, anyone who buys before the to be announced date will be entitled to the distribution. Except Sartini. Its really not complicated.
You can buy stock today, tomorrow and probably for another month or so and still get the distribution. And whoever sells it will not.
Please reread this whenever you get confused. Its really not rocket science.
Its actually just under 5.60.
5.59555 using diluted share count. 10k is out today.
As of March 31, 2016, our four largest shareholders owned over 85% of our outstanding shares of common stock.
Here is a better guess. No material revenue EVER. And profits are a pipedream.
Unless you consider shares sold below market 100% profit which some might argue is the way BLGO thinks about it.
On Jan 7th, I gave you an alternative to the massively hyped BLGO.
On that day, RCKY was 10.39. BLGO was 44 cents.
Now, a little over 3 months later, RCKY is 13.43+ .11 dividend= 13.54 or +30.3%.
BLGO was 44 cents and now its 40.4 cents. A decline of 8.2%.
The difference from owning RCKY versus BLGO from when I mentioned it totals 38.5% difference.
I can lead you to water but I cant make you drink.
If you ignore that, you are just begging to lose your money.
Send your check & skip the middleman.
I believe there are a lot of PAID TOUTS posting here and breaking securities laws in the process.
That is my opinion from watching for 14 years of misleading press releases, a massively declining stock price and massive losses.
14 years of history has taught me that their past press releases were mostly nonsense in my opinion.
That said, the high volume and price increase on the 7th has me wondering exactly what that is about.
Did they really convince a whale to buy in the open market ? Why would any whale agree to that ?
With over $3 in cash, I see no reason why they couldn't pay us $2-2.50 more soon.
However, fixed assets went from 15.8 million to 30.7 mill over the last year. So that's some significant investments they have made somewhere. Nearly $15 million worth.
Book value isn't available as the 10k isn't out yet.
During the fourth quarter, the company repurchased approximately 122,000 shares of common stock, have an average price of $3.58 per share. Since the inception of the program, the company has repurchased approximately 1.9 million shares of common stock at an average price of $3.82 per share. The company has approximately $14.8 million available for purchase under its repurchase program.
When Higgins and Miller are both buying shares, it should mean good things ahead.
Unless Higgins & miller go together and take it private at an unfair price to the rest of us.
But even that would be $4.50-4.75, wouldn't it ?
But with each insider buy, it kind of extends the time frame for something extra-ordinary happening.
It was terrible. According to what my broker produced, I owned shares of TUES with a cost basis of 3.59 and sold them for just over 5 times my money.
Hmmm, make money or bash a company because you were fired as an assistant manager a decade ago ?
keep an eye out of another one. They are going a lot of relocations to better and larger spaces.
One store in my area, 2nd closest I know of has relocated they are on there 3rd time now. First two were a bit off the path. Newest one is in a Walmart shopping center a few doors down.
Im unaware of huge numbers of flat out closures but there may be some.
I wouldn't be surprised if they haven't been very active because of the price increase and the lack of volume.
Now they can reminisce about nearly running their stocks into the ground while no longer having to worry about that because of CBRLs strong position. (No thanks to them)
PS, if you want to sue me, get in line.
I am 99.9% confident that if you hold these shares for 3 years, you will lose most of your money.
Don't believe me ? Buy more stock. (Wont hurt my feelings any)
Ignore the 14 years of misleading press releases & huge losses.
I would trust Dennis about as far as I could throw him.
But ignore all that, CAT LITTER ADDIDTIVE will cure it all !