Surprised

Discussion in 'USA Truck' started by jtannillo, Sep 26, 2013.

  1. J_FROG

    J_FROG Road Train Member

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    That's ok, folks were negative when I said $12 also. We shall see.
     
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  3. jtannillo

    jtannillo Medium Load Member

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    15 bucks is what knight would have had to offer initially to take over. If they raise their bid to 15 bucks then yes it will tick to 15 maybe a little more. It won't get there on fundamentals just like it hasn't gotten where its at on fundamentals. USA is under even more pressure to finally turn a profit than they were last year.
     
  4. J_FROG

    J_FROG Road Train Member

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    They have always been under pressure to turn a profit. That's usually why a company is in business. The problem has been with bad management decisions. With John Simone running the show things have been doing a drastic about face.
     
  5. DGStrong71

    DGStrong71 Road Train Member

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    Yeah, and now they're under pressure to avoid the unemployment line.
     
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  6. jtannillo

    jtannillo Medium Load Member

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    "So Far".......... The idea is for him to not get into the habit that Cliff had of overplaying frivolous accomplishments. IE: Such as in baseball a WHIP ratio is a stupid ratio that nobody really cares about. Touting paying off 5 Million in debt from a 150 mil debt load is something out of Cliffs book. Trying to divert investors away from the thing that really matters. I give him a pass one time since it is a turn in the right direction. However with a reported 8 grand in cash they could borrow that 5 mil they just paid off in the next quarter. When the cash goes up and the debt goes down then it is truly a step in the right direction.
     
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