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Re: michael t post# 65954

Friday, 11/08/2019 3:00:39 PM

Friday, November 08, 2019 3:00:39 PM

Post# of 113008
Thanks for the FARM idea. Just joined you on the short side. How is this up over $3, or nearly 25% today?!? When it was a lousy report excluding the 1-time gain. Back out the $12.6M gain, and net loss was worse on declining revenues. Heck even with the large gain they only earned .26/share...so not like the stock is undervalued in the $16's. And FARM has been losing money or barely profitable for like 10 quarters in a row. No clue who would be chasing this thing today. Stock should be down, not up 25%. Very strange when I've seen some earnings reports this week that blew away the FARM numbers...and those stocks struggled to show any gains.

https://finance.yahoo.com/news/farmer-bros-co-reports-first-210600747.html

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