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Such a shame.. Good luck to all y'all.. When it all clears up let me know and I'll be back for a long term investment.
Fraudulent activity
Am I the only one who sold this for a profit?! Geeze .. I like fairway but what is going on here?
Does anyone know what is going on with this stock, are we being reimburst? Are we getting what we lost back? What's happening with FWM?
impressive 10Q-I'm IN FWM
Jeez. should have listened.
Lots Of Room Left To Short
Unfortunately they have too many things going against them right now, hard to come back in the eyes of the investor. Monday looks to create an even lower 52wk Low. Nothing to really hold it up, tons of lawsuits now and downgrades. Make money on the ride down.
you got that right and it won't be some long drawn out process
FWM - General Robert Magnus will right this ship. Leader of men.
Looks like I may jump back in sometime soon.. ;)
$FWM RSI=20 OverSold With 30% Float Sold Short Chart Below Shorts apear to be pigging out and over staying their welcome Stock looks to be Bottoming out and a Short Squeeze appears to be forming Short Term Buy Based on the Chart and current Short Posistion in the Stock Shorts would be Advised to Cover
Ouch :/ sry guys.. I will jump back in here soon though. The future looks good
I try to! :P all about those charts! I will be back tho ;)
You got out just in time.
I've yet to make it. I sold here to buy more TRTC (Edible Garden) that Fairway Markets sell now in their stores. I bought at 16.20 sold at 18.20 :) I'm happy with that for now, I WILL BE BACK! I LOVE fairway markets . Great stock to own , I just needed more money to invest in Terra tech :P
I am guessing your New York trip did not go very well? ?
I'm out on this one!, for now... I will be back :) GLTA
Fairway Market! I will be visiting New York soon :) can't wait to taste all the amazing food you have to offer, especially the new Edible Garden (Trtc) brand LIVING PRODUCE! Great move! Both stocks have been claiming significantly ever since :)
Let's see this break 18$ ! FWM looking great :)
Mhhhmmmmm yes .. Fairway market go go go! Can't wait to visit a store and buy some edible garden LIVING PRODUCE!
After hours drop :) looking for a nice pop on Monday! Nice chart.
Go $fwm ! Fairway market come to Colorado please!!! We need fresh living herbs from a trusted company like edible garden $trtc !
Fairways teaming up with local growers to provide the best sustainable Hydroponic natural produce TRTC very good news for both parties!!!
FWM is on fire! Already in the green here.. Things are looking up :) chart is looking healthy again (just like its patrons:)
Eat living herbs! Go edible garden!
GREAT PARTNERSHIP ! the future is bright for FWM and TRTC
The Living difference. TRTC...it is no secret that the health of our nation is in steep decline. A large reason for this is that as humans we have strayed from our roots as hunter gatherers. For millennia we have subsided on fresh, living foods indigenous to our local environments. These foods are the fuel that our bodies are designed to run on for optimum energy levels and peak performance. Since the Industrial Revolution we have rapidly developed technologies that have separated our food from nature. The items on grocery store shelves today are heavily processed and meant to endure long shelf lives. They are transported to locations thousands of miles from where they are grown. By the time they reach our plates, weeks have passed since harvest and they’ve begun their natural process towards decay. Our bodies do not recognize these old, manipulated foods and therefore cannot properly assimilate them. While advances in industrial agriculture have seemed to make our lives easier they are actually making our waistlines bigger and our health poorer. Instead we must take cues from our ancestors so we can begin to enjoy a renewed sense of health and vitality!
The most important principle to abide by is to eat plenty of locally grown, living produce. What do we mean by “living produce”? Fresh foods are actually alive! They contain powerful anti-oxidants, enzymes, and nutrients that our bodies love. They allow us to enjoy boosted energy while performing at peak levels and fending off illness naturally. Shopping locally grown foods drastically reduces time from “farm to table” ensuring your foods still contain their life-force. Cooking also degrades the perfection of live enzymes and nutrients therefore it is essential to enjoy a significant amount of raw plant foods. Sprinkling fresh herbs over salads, into pasta dishes or on top of eggs is an excellent way to take advantage of living foods.
Living foods also have an alkalizing effect on the body. In order to fend off disease and maintain a healthy weight our body pH should be slightly alkaline. Fresh vegetables, leafy greens, and herbs are phenomenal for those who need to raise their body pH into an alkaline range. As we enjoy more of these foods we can watch every day aches and pains disappear, and caffeine is no longer needed as a “pick me up”. Those battling chronic diseases, and auto-immune disorders can even see a full reversal of their condition through a lifestyle heavy in living plant foods. Because of the industrialized food system in the US many of us are actually malnourished! Once we incorporate fresh, living foods into our diets we restore our bodies with nutrients aiding in weight loss as a nourished body does not suffer from excessive cravings. As you can see the benefits of these foods are truly miraculous!
Hippocrates, the father of Western medicine, said “Let thy food be thy medicine, and thy medicine be thy food”. It is clear that our best “food medicines” are living plant foods. To learn more about how to take full advantage of our locally grown, fresh, living foods please visit our recipes section.
Just took a small position here. :)
Anyone more familiar with the technicals here please enlighten me. Good to be here!
GLTA
Just may be buying here due to the recent developments with Edible Garden :)
Anyone know why this has tumbled ?
Love to see a nice pop in the morning, earnings before market opens.
Absolutely agree with the long term growth of FWM. It's had a great run so far. I wouldn't be shocked if it came in a bit. It has debt and will have more through expansion.
The Expansion is Coming, this will pay off. This could also become a great dividend stock.
Fairway to open new store in NYC
July 15, 2013
Measuring in at 26,500 square feet, Fairway Market’s newest — and smallest — store will take up a full block in the Chelsea neighborhood of New York City.
“We’re thrilled to announce our fifth Manhattan store and 13th Fairway Market, coming to Sixth Avenue between 25th and 26th streets this summer,” the company states on its website. The grand opening is scheduled for July 24.
The new location will offer a chopped salad bar available in salad or wrap form and produce directly from the farm as well as a full line of organic produce.
“You’ll walk into a dazzling array of fruits and veggies, straight from farms and orchards, in towers as tall as the eye can see,” the company states on its website.
The store will also provide store-to-door delivery.
http://dealbook.nytimes.com/2013/04/16/fairway-new-york-grocery-with-big-ambitions-goes-public/
Im with you this stock is my baby.
Me too,I hope there spreading out the stores with the money they got
Check out DDD TSLA FNMA and amd/intel
I think we can do now wrong, break even at the worst
Waiting for a pullback to start a position. Shop at FWM myself and see a great LONG term investment here.
I got in @ 16.50,'opening day'. Missed the start of the day jump to $19.23, today, but sold some yesterday at $19.06. Low volume today. Hopefully, this will translate to a good day Monday with just about everyone holding their shares!!
$FWM - IPO Priced @ $13.00...Opened @ $18.00...
Closed $17.35 +4.35 (+33.46%) Day's Range 16.00 - 18.41 Volume 12,994,769
Nice debut!
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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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