Im not buying anything. I will exercise & oversubscribe rather than sit on my hands & do nothing which is apparently what you are advocating.
OZ MANAGEMENT LP
By: Och-Ziff Holding Corporation its general partner
By: /s/ Daniel S. Och
9 West 57th Street, 39th Floor, New York, NY 10019.
I compute an average of $1.1367 per share.
The total cost for purchasing the Common Stock reported as owned by Fundamental Global Partners, LP and Fundamental Global Partners Master Fund, LP in this Statement, including brokerage commissions, was approximately $2,079,822.83.
(a) The Reporting Persons beneficially own in the aggregate 1,829,666 shares of Common Stock, which represents approximately 8.7% of the Company’s outstanding shares of Common Stock.
They have been buying as recently as 8/20
The financial evidence of a turnaround is not really there yet. But the precursors are.
Positive same stores sales. Experienced mgmt. that has been there and done and this before and shareholders made many times their investment.
My best buy in TUES was at 51 cents and there was no financial evidence of a turnaround then either.
Rouleau has done everything he has promised to do so far.
Now, $18 could end up being a top for the stock for several years. But, if they can come in with 90 cents in EPS next year and $1.30 the following year and then turn up new store growth, this stock could see the $30s again.
My position is small and I have a very low cost basis so Im playing with house money so to speak.
This seems to be a case of you insisting you are right and the market is wrong. Your side has been losing money for some time now.
So, is your goal to be right or to make money ?
He is a criminal who has been scamming investors with this same company for the past 12 years. The end result is he has duped thousands and lost shareholders $64+ million. At the same time having almost no revenue.
The company exists to sell stock.
But we both know the outcome. There is no doubt.
Im thinking about putting up Dennis Calvert is a criminal billboards up near his house.
Please, buy all you want. Wont hurt my feelings. The touters are selling, I promise you.
FACT: Dennis Calverts 12 years of value destruction caused $64.53 million in losses.
And shareholders have lost at least 95%.
Its their job to tout this scam stock.
They get paid with shares of stock.
Its been happening for 12 years now.
They are breaking the law by not disclosing their payments but that's what criminals do, they break the law.
Ah Trolls, is it peaceful in the murk under the bridge?
I seem to recall you making the case for shorting TUES at about $13 and TA at about $8.
I argued that both would likely go higher if the market did.
The market and both stocks did go higher.
Conclusion: Shorting costs you money in a bull market.
Wonder why none of the longs will comment on his long term, 12 year record of value destruction ?
Both the stock price has tanked and GAAP accounting showed a $64+million cumulative loss under his watch.
BLGOs primary business in the past 12 years has been selling shares of stock.
I see no reason why that wont change in the next 10 years. Unless the SEC grows a set and halts trading and throws Calvert in prison where he belongs.
No insight into ORLY.
There are 2 I know about in my area. One, Id have to drive by and advance and an autozone and a napa to get too. The other would have been close to where I used to live but they built it after I moved.
I think I used Autozone for parts most of the time because they were first and closest to where I lived and where my mechanics lived.
PBY just had the 2 tires/oil change stores near me and now one closed. The other isn't really that close. So I will probably use firestone for future oil changes. But, I don't drive much so I only rarely get oil changes. Maybe every 12-18 months.
Not showing on yahoo yet.
BRYANT went from buying last year at higher prices to selling this year, I think at below $3.
I think it was 40,000 shares total but cant recall for sure and I cant open active trader on this old laptop.
The rights have value over & above what the ones on the open market sell for.
Holders who exercise can oversubscribe. Those who buy the rights or the stock cannot.
But again, if the rights are worthless why are they trading for $25 or whatever ?
They had sent a number of offers including $10 oil changes and free gift cards to the first so many customers. Now they say its for one store.
Dear Valued Customers,
We are celebrating a Grand Opening in our Charlotte, NC stores this weekend and unfortunately, the informative email about the event was sent to customers outside that area. Those offers are only valid as a part of our Grand Opening Event at the Charlotte locations. We sincerely apologize for any confusion and would like to offer 15% off any service or retail purchase on your next visit at Pep Boys.
Chief Marketing Officer, Pep Boys