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haha how bout .30 now?
Then do it before the pullback that is about to happen.....
Then I'll sell my 20k shares
Question is are shorts gonna survive!! Squeezes all over the place.
BK squeezing shorts all over the place. 4 for 4 today on BK plays!!
"Under the restructuring plan, Fairway's trade creditors would be paid in full, but existing equity, including the stake held by private-equity sponsor Sterling Investment Partners, would be wiped out." - from the PR.
I go to the Fairway at 74the UWS. GREAT elections and we'll organized. But I am concerned that they will not make it. I do not want to have to o to Traders Joes
stop by Fairways in Manhattan alot too....
when I'm in The City
yeah .. like the stores for sure .. good stores basically
still doesn't always translate into higher share prices
so far since watching this .. its been trending down
yet its hit the 20day/av .. and might be getting set for a bounce there
maybe back up to at least the Top Band at .50
from around .40 at the 20day right now
still not in it .. yet watching close and might try a play
just trading the ticker ..not the Company myself
even though I like the stores .. has nothing to do with it for me
anyway .. maybe I'll run in'ta ya' one day at one of 'em in The City
haha
I shop regularly at one of the Fairway stores in Manhattan and I can say that the business seems great. I shopped there this morning, as I do every Saturday morning. The quality of products offered is high, and the price is relatively low (compared to Whole Foods). I hope to see this reflected in the pps as well and get this over $1 to become NASDAQ compliant again. They should consider opening stores in Chelsea and East Village and West Village, imo.
Omg I never thought I'd see the day. This is heading down to .25
$FWM Chart from yesterday – Double Bottom bounce play – the Key is to close above EMA 8 @ 1.25 – that should be the bull signal & would put the middle Bollinger Band @ 1.47 on deck – when the middle BB turns into support a new up trend can begin – going for 2nd close in 3 days above EMA 4 – turning that level into support – Fast STO is now above the 20 oversold line – MACD is starting to pinch – light volume bounce – keep an eye out for a spike –
nice move since my last $FWM chart - we alerted the move early -
$FWM Chart – bouncing today & forming possible double bottom if support holds – EMA 4 @ 1.17 is the key level to break – a close above puts EMA 8 @ 1.27 on deck – light volume bounce – Fast STO @ oversold levels – the MACD Line is starting to level – must break EMA 4 resistance w/ a close above to head higher – a close above EMA 8 puts the middle Bollinger Band @ 1.49 on deck –
They'll be bankrupt and out of business in 5-10 years max,m! IMHP
Lower margins and more competition can mess up forecasts.
This is down 27.00 since the iPo! It is a worthless piece of turd
Gaining traction imo
One to watch..
What happened to these guys? Expanded way too fast in the tri-state area & decided that an accounting department was not necessary?
$FWM recent news/filings
bullish
## source: finance.yahoo.com
Thu, 31 Jul 2014 17:37:00 GMT ~ Whole Foods in a Show-Me Situation
read full: http://finance.yahoo.com/news/whole-foods-show-situation-173700444.html
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Wed, 30 Jul 2014 20:21:40 GMT ~ FAIRWAY GROUP HOLDINGS CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
read full: http://biz.yahoo.com/e/140730/fwm8-k.html
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Wed, 23 Jul 2014 14:30:00 GMT ~ Huge Crowds Welcome Fairway Market To Suffolk County
[PR Newswire] - NEW YORK, July 23, 2014 /PRNewswire/ -- Throngs of people lined up today for the opening of Fairway Market (FWM) at DSW Plaza, 3200 Middle Country Road in Lake Grove, Long Island, New York. The 50,000 square foot store is the first Fairway Market location in Suffolk County on Long Island and the company's 15th food store in the New York, New Jersey, Connecticut tri-state region. "We're very excited to make Suffolk County our newest home and offer its residents what those in Nassau County, as well as in New York's five boroughs, Westchester County, New Jersey and Connecticut already have access to – Fairway's unprecedented array of traditional and specialty foods and groceries all under one roof and at great values," said Charles Santoro, Executive Chairman of Fairway Market.
read full: http://finance.yahoo.com/news/huge-crowds-welcome-fairway-market-143000552.html
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Wed, 09 Jul 2014 19:29:00 GMT ~ It's the consumer's fault, not our's, says Container Store
read full: http://www.marketwatch.com/News/Story/Story.aspx?guid=31604424-C2D4-D575-4454-C4C422D3AA64&siteid=yhoof2
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Tue, 08 Jul 2014 16:45:26 GMT ~ The Fresh Market sinks after Goldman downgrade to Sell
read full: http://www.theflyonthewall.com/permalinks/entry.php/TFM;WFM;SFM;FWMid2034736/TFM;WFM;SFM;FWM-The-Fresh-Market-sinks-after-Goldman-downgrade-to-Sell
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$FWM charts
basic chart ## source: stockcharts.com
basic chart ## source: eoddata.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$FWM company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/FWM/company-info
Ticker: $FWM
OTC Market Place: Not Available
CIK code: not found
Company name: Fairway Group Holdings Corp.
Incorporated In:
Business Description:
$FWM share structure
## source: otcmarkets.com
Market Value: Not Available
Shares Outstanding: Not Available
Float: Not Available
Authorized Shares: Not Available
Par Value: Not Available
$FWM extra dd links
Company name: Fairway Group Holdings Corp.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/FWM/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/FWM/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=FWM+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=FWM+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=FWM+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/FWM/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/FWM/news - http://finance.yahoo.com/q/h?s=FWM+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/FWM/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/FWM/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/FWM/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/FWM/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/FWM/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/FWM/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/FWM/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/FWM/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=FWM+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/FWM
DTCC (dtcc.com): http://search2.dtcc.com/?q=Fairway+Group+Holdings+Corp.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Fairway+Group+Holdings+Corp.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Fairway+Group+Holdings+Corp.&x=0&y=0
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/FWM/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/FWM
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/FWM/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/FWM/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/FWM/sec-filings
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/FWM/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/FWM/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/FWM/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/FWM/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=FWM&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=FWM
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/FWM/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=FWM+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=FWM+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=FWM
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=FWM
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=FWM+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/FWM/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=FWM+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/FWM.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=FWM
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/FWM/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/FWM/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/FWM/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/FWM/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/FWM
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/FWM
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/FWM:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=FWM
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=FWM
$FWM DD Notes ~ http://www.ddnotesmaker.com/FWM
p100k
So what do you think this will go to since it was originally 28.00
What do you think? That I just randomly invest In companies?
I have obviously heard about the lawsuits and I do not think they will lead anywhere.
Have you not heard of all the lawsuits going on? They were at 28.00 before hitting 7.55
How did they lie? Yes, I am in at 7.55$ and think it is undervalued here.
Good value ? They lied about their financials and plummeted 21.00 a share!!!!
I hold a small position (3000 shares) @ 7.55$. I do think they have some serious management problems, but good value right now.
GL
As I am sure you are aware, there are class action lawsuits being filed left and right from shareholders who lost money claiming that Fairways management has misguided them.
Personally, I do not think those lawsuits will bear any fruits for the shareholders and that it rather is a waste of both shareholders and managements time. If Fairways are able to improve their inventory management and additionally reduce costs the company can quickly turn around to be a money machine. If they are not able to soon, then it will go bankrupt.
Over the next 12/24 months it is make it or break it for Fairways. High risk and possibly high reward.
Any Info on what's happening with this stock? What it means for our shareholders?
This ship might turn around soon :)
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Fairway anticipated to emerge with approximately $50 million of cash
New Brooklyn store expected open in late 2016
NEW YORK, June 08, 2016 (GLOBE NEWSWIRE) -- Fairway Group Holdings Corp. (NASDAQ:FWM), the parent company of Fairway Market, the iconic New York food retailer that offers customers a differentiated one-stop shopping experience "Like No Other Market", today announced that the Plan of Reorganization (the "Plan") was unanimously accepted by 100% of voting secured lenders and confirmed by Bankruptcy Judge Michael E. Wiles. Fairway is expected to emerge from bankruptcy during the week of June 20th, 2016 with approximately $50 million in cash, a substantial reduction of its debt by $140 million and a reduction of Fairway's annual debt service obligations by up to $8 million.
"Thank you to all the customers who have continued to support Fairway. Our stores are open and stronger than ever," said Jack Murphy, Chief Executive Officer.
In accordance with the Plan, all prepetition unsecured creditors, including suppliers, employees, unions and other trade creditors were not impaired and were and will continue to be paid in the ordinary course of business. The senior secured lenders will exchange their loans for new common equity of Fairway and some reinstated debt. All of Fairway's outstanding shares of common stock will be cancelled pursuant to the Plan with no distribution to the holders thereof.
Jack Murphy added, "We will emerge from bankruptcy with a stronger balance sheet, $50 million in cash and the backing and commitment from the senior lenders and new shareholders to re-invest in the future of Fairway. We will continue to provide to our customers the best food experience in the greater New York area and we pride ourselves on continuously improving our product offering while maintaining the freshness and quality our loyal customers have come to expect."
In addition, Fairway is on target to open a new Fairway store in Georgetown, Brooklyn in late 2016.
Forward-Looking Statements
This press release contains forward-looking statements within the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or prove incorrect, could cause the Company's business and results of operations to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements can be identified by the use of words such as "will," "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "intends," "potential," "continue," or the negative of such terms, or other comparable terminology.
Risk factors that may affect the Company's results include, but are not limited to, those described under the heading "Item 1A. Risk Factors" in the Company's most recent Annual Report on Form 10-K and under the heading "Item 1A. Risk Factors" in the Company's most recent Quarterly Report on Form 10-Q, as well as the following: the ability of the Company to continue as a going concern; the ability of the Company and its subsidiaries to prosecute, develop and consummate the Prepackaged Plan; the effects of the bankruptcy filing on Fairway and the interests of various creditors, equity holders and other constituents; Bankruptcy Court rulings in the chapter 11 cases and the outcome of the cases in general; the length of time Fairway may operate under the chapter 11 cases; risks associated with third-party motions in the chapter 11 cases, which may interfere with Fairway's ability to develop and consummate the Prepackaged Plan; the potential adverse effects of the chapter 11 proceedings on Fairway's liquidity or results of operations; the potential adverse effects of the chapter 11 proceedings on Fairway's relationships with suppliers, employees and customers; the ability to execute Fairway's business and restructuring plan; increased legal costs related to the bankruptcy filing and other litigation; and Fairway's ability to maintain contracts that are critical to its operation, to obtain and maintain normal terms with customers, suppliers and service providers and to retain key executives, managers and employees.
Any forward-looking statement made by the Company in this press release speaks only as of the date on which such forward-looking statement was made. New risks and uncertainties arise from time to time, and the Company cannot predict these events or how they may affect the Company's business, financial condition or operations. The Company undertakes no obligation to update or revise the forward-looking statements in this press release after the date hereof, except as may be required by law.
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