800 flowers stock dropping like a stone

[mlou]

.

Last trade of $1.34
(Close Wed 1.40)

traded most the day bid $1.41
ask$1.42

then this afternoon dropped to the $1.16...

Last bid for 200 shares was $1.16
Last ask for 300 shares was $1.54

Yesterday's volume was twice the daily avg., today's volume was about 10,000 over daily avg.

.

 

[CHR]

You know that article about PF and Valentine's Day had to hurt 1-800 badly.

 

[Mac]

Perhaps I missed the topic, but when did the FTD stock ticker symbol go extinct? I seem to remember it a few months back....and because of all this 1800flowers talk....decided to check...and nothing seems to be there.

 

[CHR]

FTD's numbers are now reported under its parent company, United Online (UNTD). You can find some coverage of their recent 2nd Quarter report here.

 

[Joe Mioux]

1-800's stock price is totally irrational - just like most of the market right now. The company does nearly $1B annually, yet the market cap is below $200K based on the stock price. Ridiculous.

...

are you saying a company with a $1Billion in sales is only worth $200,000?

 

[CHR]

No, but the current market cap at the close of trade today is only $85.3M. :wide:

 

[Excptnl]

are you saying a company with a $1Billion in sales is only worth $200,000?

Last i checked, they were worthy $35 million

 

[Mac]

1800flowers stock has dropped below a buck @ .89

 

[BOSS]

1800flowers stock has dropped below a buck @ .89

Yo Mac... thanks... you made my day

:spam:

 

[CHR]

Wow. Really, really ugly.

 

[mlou]

1800flowers stock has dropped below a buck @ .89

Did you notice the low volume...162,440 (3 mos avg 189,666)

Bid: N/A
Ask: 1.15 x 1000

.

 

[mlou]

CALL OPTIONS Expire at close Fri, May 15, 2009
Strike Symbol Last Chg Bid Ask Vol Open Int
2.50 UHFEZ.X 1.20 0.00 N/A 0.25 1 3
5.00 UHFEA.X 0.35 0.00 N/A 0.25 20 50

PUT OPTIONS Expire at close Fri, May 15, 2009
Strike Symbol Last Chg Bid Ask Vol Open Int
5.00 UHFQA.X 1.50 0.00 3.70 4.40 10 10

.

 

[Frank]

What?

CALL OPTIONS Expire at close Fri, May 15, 2009
Strike Symbol Last Chg Bid Ask Vol Open Int
2.50 UHFEZ.X 1.20 0.00 N/A 0.25 1 3
5.00 UHFEA.X 0.35 0.00 N/A 0.25 20 50

PUT OPTIONS Expire at close Fri, May 15, 2009
Strike Symbol Last Chg Bid Ask Vol Open Int
5.00 UHFQA.X 1.50 0.00 3.70 4.40 10 10

.

For those of us that do not speak "StockExchangerish", what does all this mean?

 

[mlou]

For those of us that do not speak "StockExchangerish", what does all this mean?

call option gives you the right (but not the obligation) to "call in" (buy) an asset at a specified price within a specific time period.
You profit on a call when the underlying asset increases in price.


put option gives you the right (but not the obligation) to "put in" (sell) an asset at a specified price within a specific time period.

This is where you need to be...

Example:
one May 15 09 FLWS 5 put option

you have the right to sell 100 shares of FLWS (800Flowers) at $5 until May 15 2009

If shares of FLWS fall to $1 and you exercise the option, you can purchase 100 shares of FLWS for $1 in the market and sell the shares to the option's writer for $5 each, which means you make $400 (100 x ($5-$1)) on the put option.

.

 

[flower lady]

call option gives you the right (but not the obligation) to "call in" (buy) an asset at a specified price within a specific time period.
You profit on a call when the underlying asset increases in price.


put option gives you the right (but not the obligation) to "put in" (sell) an asset at a specified price within a specific time period.

This is where you need to be...

Example:
one May 15 09 FLWS 5 put option

you have the right to sell 100 shares of FLWS (800Flowers) at $5 until May 15 2009

If shares of FLWS fall to $1 and you exercise the option, you can purchase 100 shares of FLWS for $1 in the market and sell the shares to the option's writer for $5 each, which means you make $400 (100 x ($5-$1)) on the put option.

.

Thanks for the info.... now I know why the market's in the tank!!!

 

[meherr]

Hmmmm...

If we all chip in, can we buy enough stock at <$1.00 per share to gain a controlling interest??
:rofl:

 

[Flowerchatter03]

It's at about 1.25 right now. Perhaps a hostile takeover by the B&M Florists are in order? oke::bouquet2:

 

[meherr]

Let's do it! :boggles:

 

[Tammy]

If I chip in 50 bucks can I do some office cleaning when we take over! I am tired of people who don't have real jobs!

 

[RWK]

I'm in......if for no other reason than to see Mr. McCann go BYE BYE.....lol