quote:Originally posted by coba8899: GLTA and I repeat my assumption that we'll see AKYI over $.20 sometime this year (first half). Let's make some $$$$$$$$$$$$$$$$
G/L!!!!!!!!!next Q should be better imo--at least they are taking measures--from the may 12th------------------------During the first quarter of 2008, we implemented a number of initiatives to improve our operating results, including a reduction in our corporate headquarters, regional and site level workforce. That reduction in staffing occurred in March 2008 and included an adjustment of hourly labor staffing intended to create appropriate staffing for the current difficult business conditions. We recognized a severance charge of approximately $1.6 million during the 2008 first quarter as a result of this reduction in workforce. We also continued to integrate the information systems and certain operating and administrative processes and functions of the TA and Petro brands. Further, as a result of winding down our fuel marketing arrangement with Simons Petroleum, Inc., or Simons, we can now market directly to Simons customers, which we believe may improve our operating results. Although we believe this staff reorganization, the Petro integration efforts, the ability to market directly to Simons customers and the current cost control measures we are implementing may improve our financial results beginning in the second quarter of 2008, we can provide no assurance that they will improve our financial results, and such actions may adversely affect our business or may be inadequate to produce improved results especially if the economy generally or trucking industry conditions deteriorate
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quote:Originally posted by stocktrader22: Question is will anyone buy them out? OTherwise going bankrupt
jmo--no BK--they have enough cash to pay off all debt Total Cash (mrq): 121.06M Total Cash Per Share (mrq): 8.355 Total Debt (mrq): 105.37M
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quote:Originally posted by stocktrader22: Eddy are you not listening???? GAS is WAY up, LESS TRUCKERS ON THE ROAD, LESS TRUCKERS WITH MONEY, LESS TRUCKERS BUY FROM TA
lol--yes, but trucks will still have to deliver products as long as there is demand for goods--no matter the fuel price. almost every product is shipped by trucks now days--G/L
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quote:Originally posted by eddy: most undervalued stock I have ever found--symbol--TA at 2.11--52 week high 47.00--7 billion revenue-just 15 million outstanding-over 8.00 in cash and book value of 27.00---dd it-G/L http://stockcharts.com/h-sc/ui?s=TA&p=D&b=5&g=0&id=p06864539843
radar close--friday late someone was wanting to buy- bidding 105,000 shares at 2.18 bid--I am grabbing more today __________________
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