The market value of this stock is $148M...$5.9B in sales. I would love to hear numerical feedback on where the downside risk is on this company from here? Lawsuit? Major Trucking slowdown? I know that through the years, when I can't find the downside risk in a company like this I either get surprised by what I couldn't have known, OR it goes up. People say they've "lost" (technically only if you've sold)...but many are down (I am)...but why would I sell (other than a tax loss)?
I'm not a basher and not a cheerleader...just an investor with strong financial background (Big 4). Don't let basher's and cheerleaders affect your decisions. Let the real numbers as measured by the macro view convince you. This company earns a ton of revenue. What is worst case for expenses??? The worst case seems to be an adverse reaction with FLTCOMD lawsuit. Has anybody put a number to that? I scanned the opposition's shareholder call transcripts...didn't even see a mention (may have missed).. Hmmmm. Bashers tend to throw numbers around with no context. AS a guideline, $1M is a rounding error to this company...$1M of $5.9B REV is about 169/10,000th of 1%. Keep this in mind when you analyze and post.
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 $7.50 ? That's a double from here and +75% on my avg cost.
Granted, it might take 2-3 years but I don't mind waiting.
what a #$%$ joke!!
Should have SHORTED this stock, instead of buying it. Holy Cow, this stock's price movement seems to be heading Down Down Down....with no stopping it (unless you consider Zero a stopping point, haha.)
I will likely be a buyer of this stock at $2.50 per share and am placing my limit order this evening.
Darden(DRI) did the same thing as TA 2 years ago except they went up over 50%. I think the real estate company is called four corners FCPT.
$13.25 book value per yahoo. But what good is it if they cant earn even $1 per share ?
Why doesn't this board put the company on the block?
a perfect stock to take private ,well worth more than double this price
Odd price spike today, 82K shares in one trade at $4.35. Hummm puzzling to me. Any rational thoughts.??
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.
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
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.