Very nice Q2 earnings just released. DYSL earned EPS of $.02 vs EPS loss last yr. Expenses are down across the board. The balance sheet is now fully repaired and the company is no longer in default. I'd expect this stock be revalued higher over the next several weeks as the market prices in this good news. Seeking Alpha price target of $3 seems fair.
Tremendous report out of RT today. The new mgmt. team is clearly turning this ship around. Both revenue and EPS beat Street estimates. Same store sales were better than expected (-1.9% vs. -4% guidance). Bad weather impacted same store sales by 1.50%....assuming normal weather same store sales would have been almost flat. Same stores sales improved throughout the quarter and Q4 should be even better with guidance for Q4 was better than prior guidance.
RT has done a good job taking expenses out of the business and closing bad locations. Operating margins should expand greatly in Q4. All talk about the debt covenants is now officially dead. RT stock is back from the dead.
I did but I also modeled out the guidance for 2014 and don't see how they won't trip the covenant as it steps down. What in particular gives you confidence other than mgmt. just saying "we'll be fine"?
I honestly want to buy this stock but this is keeping me on the fence.
On the sidelines here but thinking about buying. The reason for pause is that MRGE looks destined to trip its debt covenant in 2014. Can anyone refute this conclusion?
I'm all ears, I just don't see how the company won't violate this covenant.
This thing is getting close to the tipping point with how much debt it has. Debt to EBITDA is almost 7x even assuming mgmt.'s crazy adjusted EBITDA figure.
With interest rates going up across the board, hard to see how they can refi at a better rate since their credit quality is worse now
I love the quotes about mob mentality at the beginning of his article....so true in cult stocks like this.
Once the shine wears off (like right now) you'll see everyone scatter.
I have to imagine some quant funds have bought millions of shares over the past three days. Interesting to see how they unwind it now that the momentum has turned.
Wrong jack@ss, put in a limit at $7.30 at got filled. I'd email you a screenshot but I'm not sure the public library computer you're using can receive incoming email.
I've got additional orders at $7.35 and every $.05 bump until $8.
And yes, if you think PLUG is going to announce a deal with Tesla on live TV in the middle of the trading day then you are very, very naïve
The highs are in for the day (maybe for all-time). This hype machine has no real foundation. It's actually making me sad to read these naïve comments.
"Big announcement coming on live tv"......that's not the way the world works. Material news is transmitted to the market via SEC filings, not cable news shows. You're all going to lose a lot of money. And then you're going to look for someone to blame. How about blaming your own greed.....
An online food review of Ruby Tues went viral thanks to the Today Show Food reporter. Yahoo doesn't let me post the link but you can see it at the Today Show website.
This is definitely good PR and free advertising for RT.
Dear Warren Commission,
The PUCO report was published on Nov 13th. See the EGAS filing about their 10-Q delay which is quoted below and at the begining of this chain. I owned this stock until I read that report.
"On November 13, 2013, the Public Utilities Commission of Ohio issued an Opinion and Order (the “Order”), related to the gas cost recovery cases involving Northeast Ohio Natural Gas Corp."
Not only did they issue shares but the CEO and CFO dumped almost all of their shares in the deal.
This report from the Public Utilities Commission of Ohio is very bad. Sounds like they will be launching a full scale investigation against EGAS. Google search "Public Utilities Commission of Ohio Orwell". The report tells of lots of bad behavior at EGAS.
This ITC "news" isn't even really news. The duties have been in place since 2002. This is just an extension of them. Even with the duties, USU has run itself into the ground. The extension of these duties doesn't change a thing. It's just crazy quant trading today.
The USU mgmt even said on the Q3 conf call that they are looking at a restructuring of the debt, that is code for a reorganization or bankruptcy that wipes out the equity holders. There is a big difference between USU surviving and the common shareholders surviving. I've been following this company for 10 years and mgmt has never once said the ACP is not economically viable until the Q3 call last week. Today's bump is a gift, use it.