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Company has $12ml they are putting to good use to make the places look brighter, etc..
The last CEO was horrible he ran this company to the ground.
http://seekingalpha.com/article/813211-cosi-inc-s-ceo-discusses-q2-2012-results-earnings-call-transcript?page=3
For the results of these initiatives, in the second quarter Cosi achieved a profit and was cash flow positive. Yes, that's correct. Cosi achieved a profitable quarter after six months with this new leadership team. The Company earned $77,000 which is our first step in getting the core profitable and establishing a solid foundation for future growth in the business.
This is an improvement of over $700,000 from the previous year when we reported a loss of $634,000, the same quarter of last year. This team has really worked hard to achieve this performance and is digging in to continue making improvement
http://seekingalpha.com/article/813211-cosi-inc-s-ceo-discusses-q2-2012-results-earnings-call-transcript?page=2
Sorry I have to really disagree. I think with Stutz on board and now they have Blum there as well they are turning things around. I have started a few successful ventures and turning things around does not happen in days it takes months and months and I think that is what is going on now.
I blame the last CEO for most of the companies issues, I am still thinking someone comes in and takes them private and grows the business then flips them. The market cap is around 75mil or so.
Wonder what they will do with all this cash they have sitting around. As long as there is strong demand for the iphone 5 which btw cost about $150 to manufacture they will be a hot stock. The margin on the iphone is sick.
that .80 has been a pain in the @ss for weeks now.
A Hedge Fund needs to come in and take this company private and then come back public in a few yrs. give me $3 a share!
Cosi FB page is filled with nothing but great comments about there food. this company was manged totaly wrong and now new management is in place. They should have at least double the stores they have now. Come over to the West cost and they can really make a ncie foot print in areas like San digeo and los angeles.
Cosi moves on air up and down. The Os is about 80mil I wonder how much the float is. Interesting few days of trading. Either someone is day trading and make a few $ per day doing this or something interesting is going on.. 220k in volume today not bad.
At the last shareholder conference call I asked them that question and they said they had a plan in place for it already. Nothing is better then someone either from the company or an outside source buying up shares.
What would be nice is if we saw another institutional investor come in and buy a few million shares. that would be sweet.
lol good one, I see it to 100 shares .83 at 4:10pm lol.
LOL YOU PREFER? BUT TO BAD THE CEO NEVER PUTS ANYTHING CLOSE TO THAT OUT RIGHT. HISTORY SHOWS WHY THIS STOCK IS A POS.
Yea right.... LOOK AT HIS HISTORY AND HIS PR'S YOU THINK I WOULD BELIEVE ONE WORD THAT COMES OUT OF HIS MOUTH.
WHOOOOOOO CARESSSSS
WHY DIDNT SWANK NOTIFY HIS SHAREHOLDERS THE CASINO IS CLOSED!!!!!!!
Wow what A POS STOCK! WHERE IS SWANK SELLING THOSE BONIC TONIC CRAP AT NOW IF THE DISCO IS CLOSED LOLOLOL
WHY DIDNT SWANK NOTIFY HIS SHAREHOLDERS THE DISCO CLOSED!!!!!!!
Very close to a breakout. Chart looks ready.
How do you know all of this? I dont get it. No investor should have this kind of information. Can you please point me to where I can find all this information you are posting?
Good close here today, Need to break that .80 mark. Break .80 and we will see $1+
Cosi trying to break out of that .75-.79 range. Needs some good news and we can see easy $1+
I am not sure but I think around 70mil or so
No not at all. It popped hard from .70-$1.60+ then they came out with the rights offering at like $1. I think 30mil or 40mil shares.
Yea one was made that is a big reason it dropped to .90-$1 range a while back.
They have plenty of cash as they just did a rights offering not to long ago. I think in the 30mil range or so.
EXACTLY! They say next yr they will be fully profitable. If we see them end the yr on consecutive qutrs showing profitability then I will be happy to stick around. We may see some more inside buys by then, hek even we may see some other institutional investors take a stake here.
With the market cap this low I am looking for Blum to come in and make a bigger investment in this company or I do not see why not a private equity firm to come and take over the company. I think many are watching this and hoping they have another positive income qutr. we will know more by yrs end which i am willing to wait for.
yea we need some volume, break .80-.82 and we are off to the races.
Analyst: A Sprint/MetroPCS merger more likely than one with T-Mobile
A deal between Sprint Nextel (NYSE:S) and flat-rate player MetroPCS (NYSE:PCS) makes much more sense than one between Sprint and No. 4 carrier T-Mobile USA, according to a Goldman Sachs analyst.
In a research report, Goldman Sachs analyst Jason Armstrong noted that Sprint's rising stock price has increased speculation that the carrier will engage in some kind of M&A activity. He said a deal for a smaller, regional carrier would be much easier to pull off than a deal with T-Mobile, which he called "aspirational" rather than likely. He wrote Cricket provider Leap Wireless (NASDAQ:LEAP) could also be a potential Sprint target.
A Sprint merger with MetroPCS or Leap would be less technically complicated than one with T-Mobile, since T-Mobile's network is based on GSM and HSPA+ technology and MetroPCS and Leap are CDMA carriers like Sprint. Still, the smaller carriers' AWS spectrum would need to be rationalized with Sprint's network. A deal for MetroPCS was reportedly close to being finalized earlier this year but was killed by Sprint's board; Sprint has never confirmed or discussed any of the reports about the MetroPCS deal.
"A smaller prepaid-centric deal may be the more logical route for now if Sprint determines to pursue M&A," Armstrong wrote. Sprint declined to comment, according to Bloomberg.
Sprint's stock has climbed 114 percent in 2012 and was trading at slightly over $5 per share this morning. The carrier has produced stronger subscriber results in recent quarters.
Sprint has left the door open for consolidation. "We're certainly working very hard to compete with AT&T and Verizon," Sprint CEO Dan Hesse said in August. "The industry has to deal with the issue of the duopoly. The gap between the No. 2 and No. 3 players is enormous. We always have been and always will be open to further consolidation, as long as it isn't AT&T or Verizon Wireless."
In a recent interview with FierceWireless, MetroPCS COO Tom Keys said that the time is ripe for some kind of industry consolidation.
"It would probably be a better time to do it now than any other time you can think of in the recent past," he said. "Now, how, who, why, where and what--that's going to be up for debate. But at the end of the day, I think what you've seen with the AT&T/T-Mobile deal is that there's at least two companies that thought that consolidation was a good thing. So if you take that as a precursor, yes--[but] under the desire that we always a provide a good experience for the consumer and the consumer doesn't get harmed by having artificially higher rates because you have one less competitor."
For more:
- see this Bloomberg article
Special Report: Wireless carrier M&A: What are the top 5 most likely operator hookups to happen next?
Related Articles:
Sprint's stock surge sparks M&A speculation
Sprint's mergers chief Keith Cowan to leave company next month
Sprint's Hesse defends iPhone deal, takes a whack at Verizon, AT&T
Sprint: Verizon and AT&T's shared data plans are more expensive
Sprint adds 1.5M iPhones in Q2, speeds up Nextel cell site shutdown
Report: Sprint board nixes MetroPCS acquisition at the last minute
I think we are very close to a break out.
I have not sold my position and still hold a very big chunk... I too think one day we wake up and see a nice gap up. Someone has been flipping this day in and day out making small money and someone else has been holding this down.. Every time we get close to .80 someone sells a small chunk. Company has cash, no debt, and made a small profit last qtr. A few stores will be opening in Costa Rica in November as well.
$COSI very close to breakout.
Well apple is about to get a backlash once again because it seems like the doc connector has changed which makes everything you have now useless.
everytime stock is making a push to .80 someone sells to bring it down!
But dont forget something Android is used in numerous handsets while apples is only used in 1.
They have not been an innovator imo as well, I think it's the developers of there apps that have made the iphone ipad etc so dam successful. That is why rimm failed. there OS sucks.
Oh I agree, its going to get very interesting... Samsung is going for payback.
Folks will buy it just for the LTE.
It's called the iPhone 4GS and it will have OS6, Retina display and 4g.
No its not about he price...I dont think you understand that DEMAND will dictate the price. Just like previous iPHONES exporting them overseas was bringing in at least a 25% profit on top of what they sell here in the states. The demand for a 4G LTE iphone will be very good. Remember this is your opinion about the price but others overseas will be paying top $ to get it.
While there are already LTE phones out there, there is not an iphone that is LTE. I have been in the wireless industry for 13yrs and I know that this next iphone will not disappoint. Now on the other hand the ipad3 export wise did horrible.