bought more today at $3.75. Brought my avg cost down to 4.27. WISH I could say I was highly confident. I'm not. The mgmt. & board are highly questionable if not criminal. I might put one more buy order in and that's it for me. I'm not going to dump but I just wont buy more.
My last 2 sales were at $10.99 and $12.49 and we had the same board and same mgmt. then so we might go there again. But what if we only go to $7.50 ? That's a double from here and +75% on my avg cost.
Granted, it might take 2-3 years but I don't mind waiting.
I will likely be a buyer of this stock at $2.50 per share and am placing my limit order this evening.
Can't believe what's going on with this stock. How does it justify $14 book value of stock? Management need to be ousted. Good candidate for take over, unless management goof up again......there is no PR either from the company and guidance for next quarter or year. I hope MM initiate the process to change leadership at TA
I have seen this company do a stock offering at $5.75 and then the share price didn't bottom until $2.75. Anyone remember that? So the bottom could be under $3.00. I don't want any until I see.
This is crazy. Being hammered down and/or being dropped by any institutions? It can't be that opening a Burger King is a bad move (!!). I'm long, like the numbers, but this is acting like a start-up PII pharmaceutical pink sheeter...AND this has billions in revenue. ONLY thing I'm wondering is bad news leaks and trading on adverse lawsuit outcome?? But even THAT isn't huge!
Um. At this rate of decline recently, the company stock will be close to ZERO in just a couple weeks. :(
Should I buy now or wait? Serious replies only.
The P/S ratio is perhaps the most embarrassing on Wall St.
Why is stock so down? can't believe the incompetence of the management team
how low can she go?
This company had a buyout offer a while back for $14 and management turned it down .Its a disgrace the way it's being mismanaged. There's not hope for stock appreciation as long as management puts it's interested before shareholders.
Different sites need to be explore for a chance on return.GUID,TNXP,LOTE
Just bought 1000 shares at $4.15. I feel this may go down a little more but this is probably a bottoming process for TA and we are are close to the bottom. If management can ever get their act together this would be above 10 easily.
a perfect stock to take private ,well worth more than double this price
busiest driving season in 20 years
I just purchased. Seems like gas prices may be creeping back up again, which should help them. Plus, I love the Quaker Steak & Lube places.... (however, i have not been to one inside a truck stop yet). SUMMER SEASON is almost here, more travel miles are around the corner. *Look at the exchange traded notes too.!! 8% but trading below 25 bucks now. (safety if they call the issue at 25....and a whopping interest payment along the way. Cheers.! America isn't going to stop driving and shipping via trucks anytime soon.
poor earnings all the more reason for hostile takeover
Management should be ousted and an SEC investigation into the relationship between TA, RMR, and HPT should be initiated. The market cap has just dipped below 200 Million on a company generating 5.5 billion in revenues and a book value of almost 14$ a share. We have a problem with management. The conference call was full of explanations and lacking of enthusiasm. vision or even hope. It's my hope that the conflict of interest
poor management- TA should have wind at it's back now with summer travel, uptick in economy for shipping/ trucking, higher gas prices and resolution of some past issues. Management needs to improve margins- cut expenses.