I said what I think will happen and why it might be best to let it happen.
38 bidders were invited to make offers and they still can. Nobody seems to be beating the door down.
Id rather have my $4.30 now rather than risk it falling a buck and them taking a big charge for merger expenses.
I suspect the majority will agree.
But, Id love it if the offer gets upped.
I think its the shorts realizing they have to cover at some point.
But, if you would have told me the market would have been down 1.5-2% today, I would have sold TUES thinking it would be down 3-5%.
His entire life is cheating others.
Then I saw a print at $2.2601 which was the market maker providing "price improvement" while skipping over my buy order.
So I lowered it.
3+ months of tax loss selling ahead.
Yes, very well may be a quiet period.
But, who knows, maybe they will be back in there buying at $1.75.
Hindsite is 20-20.
Well, that's why I think the deal goes as offered.
I knew mgmt. were #$%$ when I bought this way back when.
When you go to bed with dogs, don't ask where the fleas came from.
I have no idea.
But it would seem like if there was permanently impaired capital, they would have to say so.
I don't keep up with their SEC filings like I do for most stocks.
And if history is any indication, the money will never hit the bank.
I will take this scam to the end of the earth.
I will continue to expose Dennis Calvert for the fraudster he is.
12 years of continued losses. Almost zero revenues.
$19.24 today. There are a boatload of shorts and they are all feeling pain.
The only way to relieve that pain is to stop the hurting by covering. That causes more buyers than sellers and the shares go higher.
$19.60 is the new multi-year high and I think theres a good chance it breaks thru there in the near future....unless the market tanks.
If the market tanks 10%. TUES might hit $15. If the market continues higher, TUES could outperform. Not solely on fundamentals. Supply & demand comes into play also.
12.2+ million shares short. Not all of them can afford to watch this stock go to $30.
Havent you been saying that since $12 ?
Ive been over this repeatedly. I hope for more gains. The chart shows little resistance until $30.
Im way underinvested. The turnaround is in progress and I think its very possible that this company grows sales & earnings every year for the next 5+ years.
Not by hitting homeruns. By consistently hitting singles & doubles.
I am 100% sincere. I have a talent for spotting scams. You clearly do not.
I am not short ANYTHING. And haven't been ever since I lost my butt in 3 weeks being short AMZN
over a decade ago.
If anyone else was coming, we would know it by now.
The class action wont fly because shareholders can vote against it and pursue appraisal rights.
So the only choice is to vote for it and get $4.30 or if it doesn't pass, we fall back to $3.25-3.50. Maybe even less when the market sees what COBR spent on merger costs.
I hope I am wrong and they cough up another dime or so. Just don't think its going to happen.
I haven't sold a share.
I contemplated following him but decided to stick with BH thinking it would perform in line with CBRL.
Nothing could be further from the truth. I should have sold out of BH and bought CBRL.
The current price just seems too low.
But I guess the market just assumes he will have another below market private placement every year so why pay market ?