Companies in fact "retire" shares when they do
buy backs which means it is no longer part of the
float. This is different from the insider holdings which
may or may not be restricted. A company may issue
shares to raise money or buy them back for the obvious
reasons but it does not hold shares in treasury.
I came to this board to see what was up. That's
all. I'm looking for another investment. And these are
"message" boards after all, and anything can happen.
Regarding the P/E issue...I'll need to double check, but I
am pretty sure, EPS reflects only the shares in the
float. Why else would companies do stock buy backs to
make their EPS look stronger? When a company buys
their stock back does it get removed from the available
stocks to trade? If so then that was my mistake...and I
am sorry, really. I was thinking when a company
bought stock back it was possessed by somebody and was
still eligible to be sold back into the
If you want an example of what I was talking about
look into CORL, it appears their insiders left their
sharholders holding the collective bag. I guess i figured the
reason how incorrectly.
I'm sorry for getting
everyone upset, who is trying to be civil, I was just
trying to figure this one out. I guess I will need more
time to learn the finer points. I am just trying to
protect myself, first and formost. IT's been a tough ride
in the market lately, although this week has cured
most of my ills.
Thanks, and farewell.
Glad yr back (if you ever
Anyway , superslouch/?/?/?/ , did post
positives on SKX . It was hilarious to read . It was like a
necrophiliac giving up his secrets . In fairness , negatives
are welcome and necessary to balance an outlook ,
though they should be tempered with pertinent info to be
considered relevant .
Question; Why would someone post
(hype or bash) insistantly on a stock they "have no
position in" ?
These threads are intriguing to me . I
would love an expose` done in this area . Turn on the
lights and watch the roaches run . 60 minutes could have
a hell of a story , perhaps even exposing more than
is imagined .
I'm sure (if SS is truly gone)
we'll soon get a visitation from a NEW poster with the
same song and keyboard .
somewhat disappointed that the markets in their
(temporary?) recovery are picking up many of the same stox
that got hammered for false/pumped valuation . It
seems to me , this current market is perfectly poised
for small cap value stox to really get a boost . But
, that's why I'm a daytrader that ends up being
LONG on many plays because I expect logic when chaos
ALL stock issued, including "insider" shares.
EPS, on which P/E is calculated, is net income divided
by the diluted number of shares.
accounting standards, the fully diluted number of shares can
even include stock which HASN'T been issued -- i.e.,
any stock options which are exerciseable but which
have not yet been exercised. (Those are obviously not
included in float.)
The P/E and EPS figures factor
in all shares issued (and unissued, if they are
vested stock options), and are not affected by an
insider selling stock which becomes float. The only thing
that changes is the float.
It takes a while to
learn these things. Your analytical skills will improve
And listen to Bendy. He's the
resident sage on this board.
Good luck to you.
1. Right now it's a darling of
2. Diregarding my concerns about investing in this
company, the upside is huge and the downside is rather
3. They are growing the direct sales portion of the
business and that can only mean more revenues.
Experienced management with lots of industry
5. And the bottom line...the shoes are VERY trendy,
so the bottom line is way in the black.
say nice things, too you know. I have no position in
this company, and will leave you all alone. I have
decided to pass on this one, personally.
obvious is truly impressive .
as to insider selling diluting p.e. ratio is what I
was addressing , as well as your overall negative
How about telling us what you think are the
positive aspects of owning SKX stock .
As for MY
investing attitudes , I would NEVER buy on margin . 's bad
mojo . I try to maintain a balanced portflio . 5k shs.
of SKX is my current position . I sold 10k shs. @ 12
9/16 . I'm waiting for what I feel is the next buying
re: The clothes I wear are indeed smart
but , the "shoes" I choose are genius .