I think small caps will come back in a big way soon. Earnings growth looks much better here than in the big caps which have slowing growth rates. R Baron may be on to something here? These earnings are going to look pretty damn good compared to the blue chips. MTN did pretty well last season with lackluster snow. Odds are this year will be much better weather wise and higher earnings should follow as well. This could be a buy in the teens. SC
Anyone know what synergies vail (I will keep this in small caps until the mkt. cap. is $1 billion) gains from an acquisition like Telluride? I never read the merger document from the breck and keystone acquisition to see what savings they projected.
There are no frige benefits to owning this stock, of corse if there were, I think this stock would go way up around ski season.
I believe this is a stock worth holding on to. Vail is quickly gobbling up other properties in the Rockies. In early August, they bought the Village at Breckenridge. This put them in the driver's seat in Breckenrige for tourists during the ski season as well as the summer conference business. Another point to consider is the rumor about the purchace of Telluride. This hasn't been confirmed of denied by the top brass. One day, Vail will probably control most of the ski/lodging facilities in the Co. mountains.
A possible hint for the trade of 150,000 shares weather it was buy or sell. If the trade was on a downtick - on the bid, then it was a dump or sell. It just so happens that someone on the other side decided to take the trade. This could have been a 401 K plan for example. You may not know who dumped 150,000 shares, but probably an institution. Why would an instituion take the other side? For one, they get a commission for getting good deployment or good fills for the trade. Secondly, they take inventory(instituions) for a variety of reasons-- one mainly being able to facilitate demand for short selling which is a big business for brokerages , mutual funds, pensions, etc. Oh, if the trade took place on an up tick on the ask, then this was a buy. The stock will rise or fall accordingly depeneding on the size in the market for the stock.