Moderator Johanna Posted November 17, 2007 Moderator Report Posted November 17, 2007 FORT WORTH, Texas, Oct 31, 2007 (BUSINESS WIRE) -- Tandy Leather Factory, Inc. (AMEX:TLF) today announced that it intends to open a Tandy Leather Factory store in the United Kingdom in the 1st quarter of 2008. The Company is in the final stages of lease negotiations for a 10,000 square foot building located in Northampton. John McNiven, President of the Company's Canadian operation, has agreed to oversee the store opening and business development for the first year. This first store will operate as a combination wholesale and retail store. Once it is established and profitable, the Company intends to open several traditional Tandy Leather retail stores throughout the country. More here Quote
Contributing Member Regis Posted November 18, 2007 Contributing Member Report Posted November 18, 2007 I wonder why on Monday, Oct 29th their stock lost about 1/3 of its value(from $6.06 to $4.30) on much higher than normal volume(20K shares). Quote
Moderator Art Posted November 18, 2007 Moderator Report Posted November 18, 2007 Hi Regis, It was over $7 a week or so before. They have had two bad quarters, and other question marks keep popping up, but whenever you have a large block trade on a stock like this that really doesn't have a lot of liquidity, the price will be affected. I hope that wasn't an insider trade as that would be a no no if rumors of purchasing Weaver turn out to be true. I'll try to find out more about this for you. Art I wonder why on Monday, Oct 29th their stock lost about 1/3 of its value(from $6.06 to $4.30) on much higher than normal volume(20K shares). Quote
Ambassador Beaverslayer Posted November 18, 2007 Ambassador Report Posted November 18, 2007 Something about the date October 29th rings a bell from way back in the day...like was'nt there a crash on this day????? Ken Quote
Ambassador Don101 Posted November 18, 2007 Ambassador Report Posted November 18, 2007 Good news about the tandy in the uk means i can order without the import tax like from the US Quote
Members gary Posted November 20, 2007 Members Report Posted November 20, 2007 There's been a store in Northampton, The Identity Store, that has stocked TLF items for at least 10 years. I presume it's an upgrade of the existing (albeit limited) outlet. Gary Quote
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