When the music stopped the next day it was 36-cents. I wonder how long before they pull the plug.
You should be really unsettled today after most stocks took a big dump today. Notice RAD looked pretty good today in comparison only down 3-cents.
Future remains bright especially with the latest acquisition. I was hoping it would back off some after that quick run up to $8.64. Like you added more to my position after the close at $7.66.
Unless he was given advanced notice...............................
March 2, 2015
EveryWare Global, Inc. Announces Appointment of Robert Ginnan as Senior Vice President and Chief Financial Officer
LANCASTER, Ohio, March 2, 2015 (GLOBE NEWSWIRE) -- EveryWare Global, Inc. (Nasdaq:EVRY) announced today that they will appoint Robert M. Ginnan as Senior Vice President and Chief Financial Officer of the Company in April.
A seasoned finance executive and CFO, Mr. Ginnan comes to EveryWare Global after more than two decades with Standard Register, a publicly traded company in the digital and traditional print industries. During his six-year tenure as Standard Register's Chief Financial Officer, he was responsible for all internal and external financial reporting including treasury, banking and investor relations. Mr. Ginnan has extensive experience with mergers and acquisitions, strategic planning and managing relationships with lenders, regulators and exchanges.
54K shares traded back and forth between $1.02 - $1.08 down 1-cent....... to $1.03. when the music stops it will be a 29-cent stock.
What a shame RAD is only up 300% in the last 5-years............
When the music stops these traders will be holding a 25-cent share price. In the past the earnings report would be announced 10 days before the actual report. This would mean the report may not even take place next week..
Must be taking more time to get the right spin and verbiage for the Q4 earnings report. Could announce a major reorganization including right sizing 200 corporate employees.
To quiet for anything positive.....................................................
Interesting article reminds me of Raging Capital unloading high volume of shares...........
(Reuters) - Unsecured creditors of RadioShack Corp said the electronics retailer timed its bankruptcy to benefit a hedge fund trading strategy even though it cost the company millions of dollars in added losses, according to a court filing.
A committee of the company's landlords, suppliers and bondholders asked the U.S. Bankruptcy Court in Wilmington, Delaware for subpoena power to investigate their suspicions.
They want access to nonpublic information they say could confirm that RadioShack's bankruptcy was an "assisted suicide" led by its largest shareholders, the Standard General hedge fund and LiteSpeed Management.
"The problem is, there’s no suicide note, and there are too many unanswered questions," said the filing by the RadioShack's official committee of unsecured creditors, who will only get paid after more senior creditors are paid in full.
RadioShack filed for Chapter 11 bankruptcy this month. It plans to close 1,700 stores this month and sell 2,400 stores to Standard General, which is also the chain's leading lender.
The unsecured creditors said RadioShack should have filed for bankruptcy in May, when it first planned to close more than 1,000 unprofitable stores. That plan was blocked by lenders, and the chain continued to pile up $1 million a day in losses.
Posted on TD Ameritrade.................
UPDATE: TIger Global Mgmt. Increases Stake In GoPro From 523,250 Shares To 1,795,992 Shares
As posted on Yahoo finance profile SR
Mr. Joseph P. Morgan Jr., 55
Chief Exec. Officer, Pres, Director and Member of Exec. Committee 2.32M
Mr. Robert M. Ginnan , 52
Chief Financial Officer, Exec. VP and Treasurer 1.00M
Mr. Gerard D. Sowar , 57
Exec. VP, Gen. Counsel and Sec. 717.00K 0.00
Joe Morgan will be forced out with golden parachute and the chosen bankruptcy company will take control. To be announced on earnings report date which should have been announced already.....
Next they will blame Bush, after all Obama uses that excuse all the time and gets away with it.
Already 70K shares traded by noon...............................
Heavy volume the last 4-days. Could be Institutional or Mutual Fund Holders starting to unwind. As of 9/30/14 FifthThird & PNC each owned over 12% of the shares........
Looks like the only expansion for SR might be a larger trophy case......... When a companies headlines are mainly about awards you know they are in deep trouble.