You will not find any logical reason for the downward movement in PII's share price, because there simply is none. PII's price is where it was two years ago. This is despite the fact that PII is really a great company.
I spoke with Mark Du in the US office this afternoon. He has no explanation for the very dramatic price fall in JST stock.
I carefully reviewed the two articles regarding a possible problem with the guardrail design. I am a registered engineer in two states as well as an investment adviser. I really do not believe that there is any real evidence that the guardrail design is faulty in any meaningful way. Anyone can initiate such a legal action with no basis upon which the action is derived.
We must still consider the 20% of TRN's stock which was sold short a month ago and the probability that this percentage has now expanded somewhat. These short sellers make their money by continuing to push TRN's share price down. The further they push it down, the more that they earn in their account.
In the immediate future, we will have what I believe will be a very nice quarterly report by the company. It will be interesting to see how the short-sellers play TRN once this report is issued.
TRN currently has a huge short position, over 20% of all its shares. The short holders are currently driving down TRN's share price, but to what degree at the end?
The book value of these shares are l.8 times the offering price. How can any investor be so crazy to give away his shares for such an idiotic price?
That guy knows that JST currently trades at not much more than 50% of its book value. If we gave it to him at $8.80/share, he could probably turn around and sell it for in excess of $12/share tomorrow. Are we idiotic enough to go along with this deal?
Yes. I certainly believe that the current offer price for JST is significantly below a fair price offer. When it comes time to vote on this matter, all votes should be "NO."
Yes. This is true. Just go look at today's trading pattern. Really sort of difficult to understand.
But, there MUST be some rationale to stock prices. Starbucks (SBUX), the leading competitor for GMCR, currently sells for a Price/Earnings (P/E) Ratio of 393. GMCR.s present P/E Ratio is now 33 or one/twelth of SBUX's Ratio. And GMCR's Earnings are up significantly today in its report for the last quarter. Cramer can get his way today. But, please notice, my dear friends, that there is always a tomorrow.
I purchased ISRG over ten years ago and presently have an over 2,000% gain on my initial purchase. I purchased EDAP more recently and have a 200% gain right now. However, I believe that EADP's long run gain will follow that of ISRG. A little patience is all that this will take.
You can, of course, completely write off GMCR at this point in time. After all, it is only one of many coffee producers out there. But, when you put on your thinking cap and examine this matter a little more carefully, you will see that, if you wish to go to your food store and purchase some coffee off of one of its shelves, you will see that you have an excellent chance of purchasing a coffee product made by Green Mountain.
As of the present time, only 16% of GMCR's stock is owned by Coke. But, in the back of my mind, I believe that, within the next calendar year, Coke will purchase all of GMCR's stock. The price of this purchase should exceed $150/share.