You are paying for it. 14 years, no profits. Money for nothing.
I suspect he wants to leave the company to his kids so they can get money for nothing forever too.
I will say in all the dozens of pump & dumps Ive exposed over the last 25 years, this one has more staying power.
Frankly, I think it should be shut down. But the SEC would argue that its all disclosed. And it is.
All 14 years of massive losses, continued below market private placements & Calvert Gifting away shares to who knows for what.
Why would anybody buy this stock in the open market when all you have to do is call up & buy at a discount to market direct from the printing press ?
Interesting how none of the new pumpers will discuss past misleading press releases leading to 14 consecutive years of heavy losses.
bluewadado is a moron pump & dump scammer posting on ONE single penny stock.
Who do you believe ? A professional investor or someone pumping a 36 cent stock with 14 straight years of losses ?
Their funds probably increased 7-8% which means they had to buy more CBRL as well as every other stock in the index. Its "mindless investing" because they only attempt to match the market.
Ackman touched on this in his most recent shareholder letter. Index funds are attracting more & more money because they beat most funds. Its a dual edge sword though.
You are very likely to lose money here.
Nearly 99% of investors over the past 14 years have lost money.
If you really want to buy shares, the company will sell them to you at a discount to market. Been going on for 14 years.
Anyone who pays retail here is a patsie.
57 posts | Last Activity: 18 hours ago
Member since: Sep 11, 2015
Fantasy or pumping & dumping. The fact that people still believe their BS is astonishing.
They've lost money 14 years straight. Does anyone really think that will change ?
Im disappointed that it hasn't held up better.
I would certainly buy more below $9 but I hope it doesn't fall there.
Will be interested to see if insiders step in and buy more.
A buyer would need to be strategic to get the premium I am hoping for. Its arguable if anyone has any interest in them.
I place more value on Beckers buying because he bought it and made a lot of money in the past despite selling much too soon.
If it was going to be as hard as you are saying. I doubt he would have bought so much.
And we just don't know if he plans to keep buying. Apparently his plan details are allowed to remain secret.
Also other directors also bought. I have no interest in swing trading here.
I want to make dollars not quarters.
What if someone inherited the shares and wanted to sell them ASAP, selling afterhours on Friday means they get their money 3 days sooner than selling Monday morning. To someone like that, the 3.95% hit they took didn't mean much to them because they cant wait to get their hands on the $14,700.
That will buy a lot of Meth.
But seriously, how many people pay big fees to cash checks, get their tax refund a month or so sooner, pay big to pay their insurance monthly instead of every 6 months ?
In other words, there are a big chunk of people who are financially illiterate.
Just now saw that. Did you check the time & sales ?
Some schmuck could have sold himself 100 shares. Im on my laptop and cant check time & sales on it at fidelity. There are probably other sites but I don't know of them.
A decade or so ago, I used to sell a stock afterhours at double its value. Then buy back the next day during the regular market at less. Ended up being some punk playing & luring others in or something. He got in trouble with the SEC over it. Kin H. Lee.
Plus, I tendered shares of PBY at $18.50 that I was buying from $8-10 not that long ago. Dan keep trading it for 20-30 cents at a time and missed the big money.
If TUES goes to $4-4.50, I will buy a lot more. In fact, its AUTOMATIC. No thinking involved.
Easy for me to say, Im still playing with house money from having sold at $18-22.90.