i sold all nugt last friday, got my bounce/profit. cleared out everything else except aro, dgaz, tsl. been adding tsl in 11's, still not loaded.
Wall Street’s vultures are starting to walk the mall browsing for fresh prey.
Within a laggard retail sector, a crowded collection of long-established specialty chain stores selling clothes, shoes and accessories have struggled acutely.
This subset of retail, populated by tired “concepts” now on the wrong side of consumer preferences, has been so spurned by investors that they are stuffed with idle cash and appear cheap enough for some opportunistic and risk-embracing buyout firms to begin taking a look.
Late Thursday, consumer-focused investment firm Sycamore Partners reported a 9.9% stake in clothing retailer Express Inc. (EXPR) and said it wishes to discuss acquiring the clothing retailer, driving the shares up more than 20% in late trading.
Earlier this week, reports held that Chico’s FAS Inc. (CHS), the once-hot chain of nearly 1,500 women’s-wear shops, had discussed selling to private-equity firms for as much as $3.2 billion.
The stock jumped by nearly 9% on the news to $16.73, though it remains 15% below its 52-week high and a yawning 64% lower than its all-time peak in early 2006, when it was riding rapid store growth and a flush, credit-floated consumer in its core Sunbelt region.
Chico’s has plenty of company among retailers with depressed share prices and scarce growth given weak mall traffic, bargain-hungry shoppers.
Bernstein Research periodically scans the universe of public stocks to compile a list of LBO candidates based on several quantitative factors that a buyout shop would consider in determining if a company could be profitably acquired using a mix of cash and debt. On its latest screen, 25 of the 88 stocks that surfaced were in the consumer cyclical sector, and most of those were chain retailers.
Aside from Chico’s, the list includes Petsmart Inc. (PETM), Urban Outfitters Inc. (URBN), UGG boot maker Deckers Outdoor Corp. (DECK), Guess Inc. (GES), Buckle Inc. (BKE), Steven Madden Ltd. (SHOO), American Eagle Outfitters Inc. (AEO) and Foss
there is a good chance it will. They are sitting an an large amt. of cash, and Roach shows a willingness to make some acquisitions that make sense.
Also, is there any way to keep these couple of clowns off this site so we can exchange views on ADI?
If hopefully it is my favorite soup. Hot spicy chicken rice soup? If the offer is $400M, then we are not break even, we may end up with 20% gain. I hope and pray that it will be bought out.
If you are crying, then don't. Something is cooking. I hope it is a hot chicken rice soup. I am still holding some shares. Buyout news will shoot up 35% in the morning.
Sometimes someone's trash become a treasure. But you must understand what you are doing with the trash.
dgaz huge dissappointment and i was green this am. nugt made up but dgaz, ugh.
Working gas in storage was 1,606 Bcf as of Friday, June 6, 2014, according to EIA estimates. This represents a net increase of 107 Bcf from the previous week. Stocks were 727 Bcf less than last year at this time and 877 Bcf below the 5-year average of 2,483 Bcf. In the East Region, stocks were 411 Bcf below the 5-year average following net injections of 65 Bcf. Stocks in the Producing Region were 358 Bcf below the 5-year average of 962 Bcf after a net injection of 29 Bcf. Stocks in the West Region were 107 Bcf below the 5-year average after a net addition of 13 Bcf. At 1,606 Bcf, total working gas is below the 5-year historical range.
Notice that NUGT gains more that USLV. Strange? Yes. MMs tried to contain it. But I think USLV will pop today. Watch it.
Silver and gold miners will be sounded as well when correction is happening.
Gold was moving, but not silver. Silver will do as will, but with a faster rate.
You know what to do?