$PetMed Express (PETS.US)$And board says that party needs to double the offer to overcome the right. Good for shareholders. If you want buy before next Friday. Note you do not need to buy 1000 X share. If is very common preferred share traded in 1/1000 about 25 dollar. However typically you will pay 50 to 100 to broker to exercise the right (together) However, I will not exercise the right. 27 for quarterly paying 1 dollar sounds good but they jus...
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ColdJoke
OP
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I do not get the right… might sell all before earnings
$SunPower (SPWR.US)$,$iRobot (IRBT.US)$and other one-time meme stocks or SPAC darlings soared Monday as Wall Street partied like it's 2021. The one-time super-hot names rallied in concert with 70%+ gains for former meme stocks$AMC Entertainment (AMC.US)$and$GameStop (GME.US)$, which both rose more than 70%. GME got the ball rolling by rallying Monday after an investor named "Roaring Kitty" -- who helped ...
Ms. Campbell and Dr. Fulgoni are optimistic about PetMeds' future, stating it's undergoing a transformation for success and is on the path to restoring growth and profitability.
Insider purchases hint at bullish outlook for the company despite losses and a warning sign. Analysis indicates insiders are confident about future performance.
Market anticipates no major changes in PetMed Express' future revenue, justifying the current P/S ratio. Shareholders might feel negative about medium-term growth trends, while some may be skeptical of future forecasts. Uncertainties in revenue forecasts could cause the P/S ratio to align with the industry.
The CEO's decision to halt dividends assists in reinvesting company cash flow in higher yielding projects amidst rising market uncertainties. Contributing to a lower customer base are higher inflation, cautious consumer behavior, and less wellness visits to veterinarians. Competition from underperforming firms like Chewy Inc. also pressures PetMed Express.
ColdJoke OP : I do not get the right… might sell all before earnings
ColdJoke OP : lol forgot to sell…