Forward Air Corporation FWRD

$FWRD the late 10ks are due by tomorrow for large accelerated filers. This will be interesting.

$FWRD maybe a $BILLION dog meme invisible crypto company will buy them out.

$FWRD wouldn’t rule out a slingshot soon, provided the audited numbers are clean. 120 in July ‘23 to 30 now, bookish, Buffettish. Downside, minimal imo. Upside multiple X.

$FWRD this was book value prior to the Omni buy. Wild.

$FWRD proforma rev run rate $2.5 billion. 31 million shares. Minimum price/sales ratio 1.25x last 15 years. Now at .40x.

$FWRD backing out the Final Mile discontinued operations, they actually met the rev guidance, and beat the eps guidance, given on the 3q conference call.

$FWRD call will be interesting. See if their estimates on synergies still apply.

$FWRD silly me. Of course 11 separate insiders buying last week is bad for a stock. Lol.

$FWRD https://www.sec.gov/edgar/search/?r=el#/q=Schmitt&dateRange=10y&category=form-cat2&ciks=0000912728&entityName=FORWARD%2520AIR%2520CORP%2520(FWRD)%2520(CIK%25200000912728)
I went back 10 years of form 4s, Schmitt has never had an open market buy, until today.

$FWRD wudda done better buying YELL in bankruptcy. Mgmt: Doh! 3 years if gains fir shareholders wiped out in a week