agree - forward guidance will be important. - Good guidance should easily give us a $.20 to $.35 run up. - Still way undervalued here. Good buying opportunity today.
Looks like someone still wants this bad before earnings come out tomorow. Will they accumulate enough shares to take oesx private?
Wiht so much cash on the books this stock just loks ripe for a take-over. A hostile grup could make a run for it driving shre price up to over $4 per share and pay for all the shares using the companies own cash effectively buying the company for free.... How many people on this baord would sell their shares now for $3.5 per share?
http://seekingalpha.com/article/1697162-capitalizing-on-cannabis-an-interview-with-derek-peterson-ceo-of-terra-tech?source=yahoo Bought some this afternoon. Will add on any price below 6 cents.
It's held up reasonably well post dividend cut. - At a 22mm market cap this might be worth accumulation on weakness. If the new managemetn can turn things around wiht some new distribution and new producs (Volume boost is key) then we may have something. - If sales can be pushed profitably into t he 55-60 mm range we could see takeover interest with a value in the $5-$7 range. Will take some time and luck but I think it time to start "accumulating on weakness"
who would want them - most are in overpriced malls and old center city locations - not where Kohls customers are. - but like your thinking about saving money on expansion...
also Kohls is riskier than walmart or target due to their depndance on "fashion" and lack of more stable food sales. - That is why their multiple is not as high. - Of course if they happen to hit the merch mix just right they coudl hit it out of the park - any early indicators seen by anyone?
I have been playing the same game - riding the cycle. It's worked pretty good. I sold about 20% of my position on the Barrons pop today. - It may run more but at least I locked in a decent gain. - If it drifts back lower I will buy the shares back plus some... (with the profits)
good move - no reason whay this should not be above $5 other than heard mentality and fear.... It will come back - be patient, - In the meantime enjoy the dividends. ! I also added to my position today.
I you thik thats the case then short it. - It will be fun once it moves it back up again and all the shorts have to cover...
Lots fo activity here. Looks like this stock is in another major accumulation mode. Strong perfomance on a down day for he market. Shows very good relative strength. - Buy and hold.
1.2 million shares so far today and still counting - Thats more than 5x normal with four hours of trading left to go. - And no news - What gives? Who is accumulating and what do they know? - Hold on - should be an opportunity to realize a nice return on your investment coming.