//futile in my opinion and a waste of time and effort//
Not really, everything has been priced in as far as stock prices go; matured companies are normally traded differently than growth companies. When companies start showing they can still grow revenue and organic income, the stock price will surge again; it's a long long game.
Honestly, Uncle still believes when a company is traded like an utility stock, not willing to pay meaningful dividend is a terrible decision.
//Maybe MSFT tomorrow?//
One of the things Uncle guarantees is "Tomorrow will always come", and Microsoft is rumored to bid on TWTR.
Of Course, that was "Uncle's Yesterday News for Today".
I can see SAVE is improving under current CEO; there has been much improvement recently; will have to start key in their numbers this weekend to see what the actual results show. So far, the Street estimate is still $658k higher than mine for 3Q.
//Stocks must break $42.5 decisively to be able to hit 7x7 - Uncle's Rule.//
Man, it hits 6% in 2 days. Hmmm......
Again and again, believe or not, the market is totally Rigged, they're fully using the "Fear and Greed" to make the market move Big Up and Down when nothing has really changed at all.
//how's all those numbers per share doing? //
Now, the Net Income Excluding Special Items was $6,268m in 2015, maybe only $3,030m in 2016 Non-GAAP.
Diluted Shares for 2015 used was 687,355 shares, the EPS was $9.12/share, the diluted shares for 2016 will probably be around 555,000 shares (weighted average for the year), or EPS of $5.46/share. So, the share count "only" drops 20%, but Net income in dollar amount has been chopped in half.
Of course, last year's numbers were real, this year's numbers have yet to be proved to be such.
Friend called and asked what he can switch to track his portfolio, he uses Yahoo Portfolio, I think USAToday will do, though it does not refresh as fast? He only has one brokerage account with Schwab which ain't user friendly and he does not like to pay a dime for any real-time tracking.
Anyone knows cheap way to track portfolio real-time?
It's same ole Rigged Market, uncle just sits and relaxes, not buying or selling a thing today.
Will identify a few for tomorrow to Sell. Maybe buy some on Friday afternoon after they've dressed up the Window...
// It appears the chief negative they have is the quality of earnings (10.59 vs 5.59). This is the distortion of earnings has been brought on by the reversal of NOLs that is well known.//
Not to be mislead, use the Pre-Tax Profit excluding special items. It's $6,288m in 2015 vs estimated $4,825m this year. Also, there's no such thing called "Reversal of NOLs", it's Reversal of Tax Valuation Allowance which created Non-cash "gain" (GAAP).
Nothing really matters; it's all about RASM reversal (going Up or not) at this moment. The market has Priced in weak Q3; weaker (expectation) than Uncle has observed, Q4 normally is the weakest quarter for airlines.
We'll see data from Delta and Alaska next Tuesday for surprises. Question is whether AAL will go through this Windows Dressing fine.
People here are not too legendary investor?
// I wouldn't be an ALK shareholder here but, if I were, I'd be rooting for the deal to collapse//
Without owning it Here, you won't have Nothing to Root for.
ALK is still a good company, if there's any problem it won't come till they fail to integrate the two later.