PNRA made a new 52 week low last week. $46.25 is the support level. PNRA needs to hold this level or it could be headed to the low $40 range. Good luck all.
You must be a lawyer specializing in half or quarter truths and worse. While it's useless to respond to your fabrications, suffice it to say that you learned of each of the 3 companies from me. I'm just glad that they're very profitable. If you are so insecure or have so little self-worth that you need to think the picks came through your own dd or "private newsletters", be my guest. It's sad but really of no moment. You meet all kinds of strange birds on message boards, I guess.
Extremely well said. Hot is full of hot air. That much is plainly obvious. I also remember you talking about JDSA. Didn't participate personally, but wishing you well on it just the same. Hot is in the 'deer in the headlight's phase. He doesn't know which way is up or down......Just let him stew in his juices. Pain is the only way to change his bad habits. He's been getting a lot of pain lately, I get the feeling he is missing out on this little minimarket run (yes PNRA is benefitting).....Good luck to all.........
Why is hot running away from the 'cheerleader' label?!? It's quite obvious to me.....the stock went from $75+ to under $50, and he had a finger pointed in only one direction --- upward.......He's full of it, and thank you for calling him on it......Good luck to all......
What are you talking about? I first heard of Jones when the Panera-Jones deal was signed and news of it appeared in the press. At that point, I checked to see if it was even a public company. When I determined that it was indeed public, I invested in it and also posted about it on this board.
AMNF was actually brought to my attention as the "stock of the month" of a private investor newsletter that I used to get which specialized in high dividend stocks. Although the company was tiny, it paid over 10%. After some thorough due diligence, I started investing. My buying the stock had nothing to do with your posting about it on any board.
LBIX is a stock which I first heard about when it was mentioned on the jones board.Again, that post was not yours.
That makes you 0 for 3 in your "memories" that I heard of these stocks from your posts. What will you claim next -- that you called me and told me about the stocks? Yeah that sounds great! I suppose you will tell me that I "forgot" that we talk every day about the market. LOL
Your memory is faulty. You never heard of Jsda, Amnf or Lbix except from me (you're welcome) and I disclosed writing Pnra Nov 60 calls many times, in the high 60s and the 70s. But so long as you agree on Pnra being a buy here and that VMJ doesn't have a clue, I'm willing to forget about your memory.
I think you should consider that the stock is now selling at approximately 20 times '07 estimated earnings. For this stock, that is not a short term bottom IMO. It is rather a buying opportunity.
to that end, I increased my long position by an additional 80% last week. so far, so good, but I am not buying for the short term. Over the next two-three years, I expect to do quite well.
If you and hot are "on the same page," Yikes.
I have lost a lot of repsect for you, as you made sense before and now seem to have been whipsawed somewhere and are suffering from vertigo. Anyway, look forward to you getting it back together someday......Good luck to all.....
You and others will recall that we often disagreed mightily about Panera's prospects. Now, however, we're on the same page. Panera has not been this cheap based on earnings and earnings growth for a very long time. It has been hurt by a bad chart (as much as that shouldn't matter, it does to the momo crowd) and a shift away from Sbux, Wfmi and Hans. That has gone too far in any event, but Pnra is not a high PE stock anymore, as you point out. Plus, the dinner opportunities are much greater than is reflected in the EPS numbers for '07. People will realize over the next few months that Ron was telling the truth when he said that Pnra excels in a weak economy as casual dining customers will go to a cheaper Panera but still want to eat out and are not interested in QSRs.
Your friend Valuemonster will undoubtedly dump on your view. Perhaps you should ask him whether he can taste it yet?