Amazing how these downgrades just randomly pop up these days. When the stock was near $20 , you would never see a downgrade, these analyst love to kick BTU down when its near its lows. But they still seem to love Gopro
Don't get so excited to recover lost money from lawsuit. I looked into it and it's a long process that can bring you 5 to 10 cents in the dollar after many years. Right now they have a lead law firm, this firm is used to cases that collect billions, this case isn't so big. They serve fairway and fairway responds and denies allegations then the attorneys serve them again and fairway has a few months to answer. The judge will then decide if the attorneys have a case. If the judge decides to go to trial fairway has to expose themselves . The main thing the attorneys look at is Fairways insurance policies. If the attorneys feel that they can get enough money via insurance then they pursue the case. The attorney's bill and continue billing throughout the process and they get paid most of the recovery to cover their payments for their work. Eventually whatever is left over is split between shareholders. If you lost $100k expect a check for $987 dollars. Attorneys aren't superheroes nor do they care that fairway executives screwed over shareholders they simply see the job as an opportunity to make money for their firm. Nobody goes to jail , and Fairway management laughs at us the investors
Article on Bloomberg stating that Fairway paid its board members more millions than Apple , Google and AT&T combined. This company is run and operated by pigs and thieves.
It's obvious that the only reason they went public was to pocket as much money as possible.
At this point I only hope and pray that everybody involved is put in prison for a long time
The new CEO seemed strong but If you are expecting the new CEO to turn things around , look at how much they are paying him in salary and stock and moving expenses. He's 65 and his contract ends in 2016
They fooled investors with a plan to open 300 locations and they can't even get to store #16
What's a billion in sales if you are losing every quarter ? And paying everybody in cooperate millions to come, millions to leave . There is no strategy here.
Buffet backed Hillary in 2008 and she lost by a landslide
Warren is a beast with business but he always has an agenda-remember the NCAA bracket contest last year where he offered $$ for the perfect bracket. Odds were a trillion to one and he was insured
Analyst threw the entire coal industry under the bus, and really kicked the coal sticks harder when they were at their lows. But what happens to the analyst who just 5 weeks ago said GTAT would soar to $23 and people bought ? Yesterday GTAT was .75 cents. These analyst manipulate stocks and brokers love them because they make money when you buy and sell. But shouldn't the analyst who was so wrong be held accountable??
We had a great shopping experience yesterday. We noticed a great selection at great prices. We noticed the store carried a wide variety of organic and healthy brands as well as brands found at most supermarkets. There is outdoor seating on the water if you want to eat there and a water taxi that goes to IKEA and Wall Street. The check out lines were packed but the lines moved. The staff was helpful, and super friendly, actually the most friendly at any market I have ever been too. Red Hook in Brooklyn is on the rise. It's a very cool neighborhood I can see why Fairway chose to be there
Cnbc show Fast Money reports that Peabody guided better numbers , one of the shows stock pickets says he would avoid the space, and this makes news ?
They just want to take btu down
Just 2 weeks ago a guy on CNBC said expect a pop from btu
These guys contridrict every other week
I couldn't handle MCP and sold out at $3.50 , I'm shocked to see what's going on here
That analyst that called it the stock pick of the year should be investigated, the guy reiterated a few months ago
this is awful, its been a bull market for most except MCP shareholders
Fairway brought in a guy who knows how to make $$
In addition to selling his chain to Whole Foods.
He is a partner in McCown Deleeuw & Co
McCown De Leeuw & Co. (MDC) is a private equity investment firm. With a mission to build companies that make a difference, MDC specializes in buying and building industry-leading middle-market companies in partnership with management. Since 1984, MDC has completed 38 platform investments.
The following is a sample list of our portfolio investments:
24 Hour Fitness
Worldwide Health and Fitness Clubs
San Ramon, CA
ASC Network Corporation
Freestanding Ambulatory Surgery Centers
Newport Beach, CA
BMC West Corporation
Building Materials Distribution
Coast Gas Industries
Propane Gas Supply/Distribution
The Company Store
Down Bedding Products (Mail-Order)
On Stage Entertainment
Outsourced Live Entertainment
Las Vegas, NV
Papa Gino's, Inc.
Pizza / Submarine Sandwich Chain
Pelican Companies, Inc.
Building Materials Distributor
StoneMor Partners LP
Cemeteries / Deathcare
Footwear Manufacturing, Retailing and Distribution
Santa Fe Springs, CA