is.......................Broke and can't be fixed.
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tbrod......did you catch me?
Or who was the last caution?
Or was it 20 points, 10 for last caution, 10 for the number of positions he moved back?
f'n 2 car cost me 10 points with that spin.
I'll take watching short over the restrictor plate races every day of the week and twice on Sunday.
I only wish there was a way to not have cautions......just keep running like demo derby.....LOL
Don't forget the after party. Last years was "special".
Oh, that 10th position is golden....
Last week I took a beating trying to move up. This week who knows, but right now my goal is a top ten.....
Again, red says I get to sit at the big boy table for the banquet (hillbilly hodown) if I finish there.
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ZLCS up 21% on 2.2 Million Shares
I'll watch her rear end!
There could've been an entire board dedicated to yogiisms......;)
Red,
Racing was never supposed to be a team sport, it was always intended to be one against the crowd on the track.
Now on top of the team nonsense we have doubles racing.......what is the the pro tennis tour? Can mixed doubles be far behind?
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They did get a little repreive on the costs from Visa, at least for one year.
Usually it's a tip. Can't get close enough unless she has to come talk to me. :)
Cap,
How great is it when a woman calls you darlin?
I could actually hear a southern drawl when it bounced around in my head.
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OT:
Don't ever believe that message boards are not watched very closely. some more than others, but all are watched.
DOW JONES NEWSWIRES
USA Technologies Inc. (USAT) said it suspended Chairman and Chief Executive George R. Jensen Jr. last week over undisclosed posting he made on an Internet message board.
Shares sank 30% to $1 after hours following an earlier halt on the stock. The stock had climbed 38% this year through the close.
The cashless services provider did not detail the nature of the posts or say where Jensen left them, but the company's board expects he will resign over the incident, according to a statement the company filed with the Securities and Exchange Commission late Wednesday.
USA Technologies provides products that allow credit and debit-card payments at vending machines and other locations.
The company said the incident didn't appear to affect its past financial results or audited financial statements. Jensen has continued to receive compensation and benefits under his employment agreement during the suspension.
The company has meanwhile appointed Chief Operating Officer Stephen P. Herbert, 48, as interim chief executive officer and chairman. Herbert has been an officer and director of the company since 1996.
Efforts to contact Jensen and the company were unsuccessful.
-By Drew FitzGerald, Dow Jones Newswires; 212-416-2909; Andrew.FitzGerald@dowjones.com
In the last half a year:
Stock has plummeted from its high of $3.7
82% of its business got a %247 cost increase.
CEO is posting on message boards, posing things that apparently are not true since he's been suspended.
Might be a two person contest. Third place is 67 points out.... That's a lot.
I'm just gunnin for a top ten finish.
Red says if I'm in the top ten, I get to sit at the head table for the banquet.
Opinion Poll:
If I'm not in first place, I should:
1. Pick whatever drivers I think will do best.
2. Pick some drivers those ahead of me have not picked.
3. Pick one driver those ahead of me have not picked.
4. Pick the drivers those ahead of me have picked so I don't lose ground.
thanks!
Thanks tbrod! It's been a while since I had three good picks and forever since I've been in the top ten.
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I don't disagree with your premise that automated retail is growing and will continue to grow.
I also think that usat is a very tradable stock. It runs and retreats very of often.
As far as the company goes this is where we disagree. 20 years and they still are losing money. The upper management has taken unbelievable compensation over these years. They do not seem to be able to tell anyone when they will turn a profit, or how many connections they need for a profit, or how much money in transactions they need. It seems this company just kind of spins its wheels all over the place. Although the ceo did make a firm commitment for profit to come in Dec. 2010, they failed miserably to achieve this and he has never justified his comments or explained their failure.
A couple of things.
How old is that?
It certainly isn't new, because the pps is $1.22 not $2.4.
They (usat) pay to be on that.
It also doesn't mention the debit card fees.
Just an advertisement for usat, not a news story. This company is in trouble. It lost 50% of its value, and the new debit card fees are going to hurt it a lot.
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This is down over 50% from 2 weeks ago.
Actually, I don't know Redbox's breakdown between debit and credit transactions. I only know usat's because it was just published. I have never used a credit card to buy a candy bar, I have used Redbox, only because it is cheaper than the store rentals.
The fee is only on micro debit transactions not credit. But we all know that the fee on micro credit transactions cannot be far behind, especially if the cc companies start to see some nice dollars.
When 82% of your business gets a 247% cost increase it may not be time to panic, but it is time to sell your shares. imo
Keep in mind this company has never turned a profit in 20 years, and they have already announced there will be no profit in 2012, and that's not even taking into account any fallout from the cost increase.
This company has a big problem moving forward.
Visa and MasterCard have indicated that, effective October 1, 2011, their interchange fees for small ticket category transactions paid for through debit cards issued by regulated banks would increase from 1.55% of a transaction plus 4 cents, to 0.5% of a transaction plus 22 cents, which represents an increase of approximately 247% based on a transaction of $1.67, which was the average transaction experienced by the Company during fiscal year 2011. During the fiscal year ended June 30, 2011, approximately 82% of the transactions handled by our network consisted of small ticket debit card transactions. If we are not able to pass along such interchange fee increase to our customers or take steps to recover these increased fees, our gross profit from license and transaction fee revenues and our financial performance would be materially adversely affected
82% of their business just got a 247% fee increase. And noway to recoup that increase.
That usually occurs after a runup to the news. It didn't have the runup, just the sell off. For right now anyway.
TLON
And yet it is down 11.5%
I'm afraid I'm going to be in a redneck wedding......MINE!
Have a great day!
Thanks a lot. Everything on my body below the waist just puckered up a whole bunch.