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 !
We are at $1.49 now, less a 3.5 cent dividend.
I don't see a new 13d or form 4.
Do you still think it was insider buying ?
These guys don't properly file so I guess its possible we are both right.
I have no inside connections and I don't drink whatever soup "investor relations" might be feeding.
(I pay little attention to paid touts because, well, they are PAID to spin)
I will keep the loser on IGNORE and no longer respond to his BS.
Well, his job is to ensure the large discount doesn't continue.
Did he promise to stop the never-ending below market rights offerings ?
Did he comment about how much shareholder money he is continuing to step because apparently he gets butt-hurt whenever anyone says anything negative about him ?
Is he going to sue long term shareholders who mock him too ?
Should be .56 for the next 4 quarters. Anything less would be a disappointment.
If it is indeed .56, that's 2.24 for the year which puts the yield at 4.415%.
That's several times what a 5 year CD pays.
I do my DRIP automatically thru my broker. And I post the price every quarter. Usually, my broker has the best or 2nd best price every quarter. I presume most brokers do the same.
Seems like about that time.